Chinese tech giant Huawei said Monday it plans to invest $3.1 billion (2.75 billion euros) in Italy over three years, as the firm looks to strengthen its foothold in Europe after the US labelled it a major security risk.
Facebook must meet “a very high standard” before it moves ahead with its planned digital currency Libra, US Treasury Secretary Steven Mnuchin said Monday.
Amazon employees went on strike at seven locations in Germany on Monday, demanding better wages as the US online retail giant launched its two-day global shopping discount extravaganza called Prime Day.
Chinese telecoms giant Huawei, which is subject to US sanctions over concerns about its ties to the government in Beijing, is planning to make major job cuts at its US operations, The Wall Street Journal reported Sunday.
A French inventor and entrepreneur on Sunday soared above the Champs-Elysees on a turbine engine-powered flyboard in front of President Emmanuel Macron and other EU leaders.
It started as a simple sales promotion, but Amazon’s Prime Day has now morphed into a major phenomenon joined by scores of retailers jockeying with the US colossus for a bigger slice of the e-commerce pie.
Amazon has landed a prime franchise on which to build an online game: the Lord of the Rings.
China’s Fosun Group is considering nearly a billion dollar rescue of embattled British tour operator Thomas Cook, the Hong Kong-listed conglomerate confirmed Friday.
A Japanese cryptocurrency exchange has reported a hack causing the loss of 3.5 billion yen, or $32 million, worth of virtual money.
The head of Boeing’s embattled 737 MAX program plans to retire, the company said Thursday, just as it gears up to persuade regulators to return the plane to the skies after two deadly crashes.
The chairman of Huawei said Friday the Chinese tech giant has yet to see any benefit from President Donald Trump’s promise to allow U.S. companies to sell some components to the company and called on Washington to remove it from a security blacklist.
Delta Air Lines rode strong consumer travel demand to banner earnings last quarter, benefiting from the company’s lack of exposure to Boeing’s grounded 737 MAX planes.
Britain on Thursday unveiled draft legislation for a “digital services tax” on global tech giants, which it plans to impose until leading economies reach an agreement on the contentious issue.
US President Donald Trump has ordered an investigation into France’s planned tax on internet services that will hit American tech giants especially hard, officials said Wednesday.
The US Federal Reserve has created a “working group” that is coordinating with government agencies and other central banks to consider the implications of Facebook’s planned virtual currency Libra, chairman Jerome Powell said Wednesday.