Bussiness

Baidu’s smart car business to test autonomous vehicles in Shanghai

Posted by Admin March 22, 2023

HONG KONG, March 22 (Reuters) - Apollo, Chinese tech giant Baidu's (9888.HK) smart car business, has received approval to be among the first companies to test f

Amazon deepens tech-sector cuts by slashing another 9,000 jobs

Posted by Admin March 20, 2023

March 20 (Reuters) - Amazon.com Inc (AMZN.O) on Monday said it would axe another 9,000 roles to make its operation lean and manage economic uncertainty, marking

SpaceX, Netflix, Boeing to join “biggest-ever” US business mission to…

Posted by Admin March 17, 2023

HANOI, March 17 (Reuters) - SpaceX, Netflix and Boeing are among the companies joining the "biggest-ever" U.S. business mission to Vietnam next week to discuss

Xiaomi’s slow shift in India to premium smartphones helps Samsung…

Posted by Admin March 16, 2023

Samsung, Xiaomi face off in India as premium phones in focusMore Indians now want expensive phones with better featuresAffordable smartphones under $120 losing

Swiss Google workers stage walkout as job cuts hit Europe

Posted by Admin March 15, 2023

March 15 (Reuters) - Hundreds of Google employees staged a walkout on Wednesday at the company's office in Zurich, Switzerland, after more than 200 workers were

Breakingviews – Hollywood faces a content reckoning: podcast

Posted by Admin March 14, 2023

NEW YORK, March 14 (Reuters Breakingviews) - Netflix and other streaming giants are refocusing on profitability over subscriber growth. In this episode of The E

Etsy, other e-commerce companies feel squeeze of SVB collapse

Posted by Admin March 13, 2023

NEW YORK, March 13 (Reuters) - Etsy (ETSY.O) on Monday resumed payments to merchants with Silicon Valley Bank accounts after the e-commerce platform paused thei

Meta explores strategic alternatives for Kustomer business-software firm

Posted by Admin March 11, 2023

March 10 (Reuters) - Meta Platforms Inc (META.O) said on Friday it is exploring strategic alternatives for customer service company Kustomer that it acquired in

U.S. job cuts over Jan-Feb hit highest since 2009 –…

Posted by Admin March 9, 2023

March 9 (Reuters) - Layoffs by U.S. companies over January and February touched the highest since 2009, with the tech sector accounting for more than a third of

Brazil to require online sports betting firms be based in…

Posted by Admin March 7, 2023

BRASILIA, March 7 (Reuters) - Brazil will require sports betting companies to be headquartered in the country, in addition to creating oversight mechanisms to c