China-based online retailer JD.com said on Friday it would not make an offer for British electricals group Currys , days after U.S. investor Elliott Advisors walked away.
Apple agreed to pay $490 million to settle a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China.
Jabil Inc cut its full-year revenue and profit forecasts on Friday due to slowing demand from 5G, renewable energy and digital printing markets, sending shares of the electronic components maker down 13% in early trading.
India’s antitrust body on Friday ordered a probe into Alphabet Inc’s Google in an ongoing dispute with local startups over its in-app billing system, saying the U.S. company implemented its policies in a “discriminatory manner”.
Children in Britain stumble on violent content online, including material promoting self-harm, while still at primary school and say it is an “inevitable part” of using the internet, according to research published on Friday.
China’s ByteDance-owned TikTok posted revenue of about $16 billion last year in the United States, where the viral video app that has hooked Gen Z users is at the risk of being banned, the Financial Times reported on Friday.
Adobe shares fell 12% on Friday as a lackluster quarterly forecast reinforced concerns about rising competition for the company’s creative suite including Photoshop and disappointed investors hoping for a boost from AI integration.
The U.S. House of Representatives overwhelmingly passed a bill this week that would give TikTok’s Chinese owner ByteDance about six months to divest the U.S. assets of the short video app, or face a ban, in the greatest threat to the app since the Trump administration.
A shop has opened in Brussels selling still-sealed unwanted Amazon parcels by the kilo, effectively a lottery ticket which could win the holder a connected watch, a smartphone – or a worthless trinket.
Advertisers who turn to TikTok to market to young consumers are preparing contingency plans with social media rivals in the event the short-form video app is sold or banned in the U.S., but they are waiting for signs of Senate action before shifting marketing budgets.
