Didi and IPO
China's largest passenger taxi service company Didi has filed paperwork to go public in the US, the BBC reports.
The company is known to have the backing of major Asian technology investment firms, including Softbank (T:9984), Alibaba ...
TSMC in the US
Back in 2019, TSMC showed the public a sample of a multi-chip product that combined two 600mm2 processors and eight HBM memory chips on a single substrate. Now the company is ready to move to a three-dimensional layout, and one of the...
Hacking attack on McDoland's
The McDonald's restaurant chain has discovered that some of its employee and customer information has been stolen by unknown hackers in the US, the Republic of Korea and Taiwan, as well as possibly&nb...
Shares have risen 15-fold
Shares in small Danish firm Orphazyme surged almost 15 times in value during Thursday's trading session on New York's Nasdaq electronic exchange. As Bloomberg reported on Friday, representatives of the f...
Games without consoles
Microsoft is in talks with smart TV manufacturers to allow users to play Xbox games without consoles. Microsoft will announce the new games at the E3 conference ...
Model S Plaid presentation
Tesla went live on Thursday, demonstrating the long-awaited version of its ten-year-old Model S sedan, the Plaid. Elon Musk said the Model S Plaid is "faster than a Porsche and safer than a Volvo".
Tesla (TSLA) CEO Elon M...
Zoom phone instead of cordless telephones
Zoom has announced the launch of 'Zoom Phone' desktop camera phones for video conferencing with content sharing and annotation capabilities. The company sees it as an ...
GameStop shares
GameStop on Wednesday reported a 25% rise in sales, a reduction in losses and the appointment of former Amazon executives to top management positions. However, this does not make up for the company's problems, which intends ...
Deal delayed
The biggest deal in Nvidia's history and one of the biggest in the tech industry, Nvidia's merger with UK-based Arm, could be delayed indefinitely because of China's antitrust investigation. Since Arm has subsidiaries in other countries...
Negotiations to supply batteries
Apple is in talks with CATL and BYD to supply batteries for its future electric cars, according to media reports. The main obstacle may be Apple's requirement that the batteries for the Apple Car be manufactured in t...
Buying bitcoins
Analyst software maker MicroStrategy has raised its plan to raise $100m to $500m in light of the high oversubscription of its latest bond offering, Bloomberg reports.
The company intends to use the funding to buy bitcoin. According ...
Sotheby's auction
A gold coin and five stamps of the famous New York philatelist and numismatist Stuart Weitzman went under the hammer at a Sotheby's auction for more than $32 million, according to the auction house website.
Tue...
Japanese stocks
Japanese stock indices ended the session in negative territory on Wednesday amid profit taking in the trucking and semiconductor sectors. Investors are focusing on US inflation data as it could affect how soon the Federal Reserve wil...
Contrary to negative forecasts
Tesla sold 29.5% more electric cars made in China in May than in April, with sales to Chinese customers jumping 88%, according to the China Passenger Car Association.
...
WWDC 2021
Apple unveiled several new features at its annual developer conference, WWDC 2021, that ensure the privacy of user data. The event was streamed on the company's website.
For example, the Mail Privacy Pro...
Cryptocurrency markets
Fraud is thriving in cryptocurrency markets as bitcoin's rapid growth, lack of regulation and the anonymity of digital assets have created a breeding ground for cybercriminals. According...
NYSE premarket
Tesla (NASDAQ:TSLA) shares fell 0.5% on the New York Stock Exchange premarket after CEO Elon Musk announced on Twitter (NYSE:TWTR) that the electric car maker has halted production of the Model S Plaid Plus, which was expected to be T...
iPhone for a subscription
AT&T, Verizon and T-Mobile are seeking to reach a larger audience of loyal customers with expensive subscriptions that include 5G. Competing companies have returned to providing smartphones for free or at a discount in ...
A paid version of Twitter Blue
Twitter on Thursday said it had launched its paid version of Twitter Blue, which gives the ability to edit or delete a tweet within 30 seconds of it being posted and other features for ease of use.
Twitter&n...
Working after a cyber-attack
Meat processing company JBS has fully restored operations at all its facilities following a cyber attack. The company said in a statement published on its website on Thursday....
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