Foxconn Singapore has been awarded a licence to invest $383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday.
Bitcoin miner Riot Platforms is seeking three board seats at rival Bitfarms , a long-sought acquisition target that has rebuffed its $950 million buyout offer and adopted a poison pill to fend off any attempt at a hostile takeover.
Shopify made its artificial intelligence-powered tools, including the Sidekick assistant and image-generation feature, available to more users on Monday, in a bid to increase the appeal of its e-commerce platform and boost revenue growth.
More U.S. auto dealers flagged a hit from a cyber attack-led software outage at CDK on Monday as the company worked to restore systems used by more than 15,000 retail locations across North America.
A cyber attacker compromised Indonesia’s national data centre, disrupting immigration checks at airports, and asked for an $8 million ransom, the country’s communications minister told Reuters on Monday.
European Union antitrust regulators charged on Monday that Apple breached the bloc’s tech rules, a charge that could result in a hefty fine for the iPhone maker which also faces another investigation into new fees imposed on app developers.
The EU will take further action against Apple on Monday linked to the company’s compliance to tech regulation known as the Digital Markets Act, Commissioner Thierry Breton said in a post on X.
Dutch technology investor Prosus core headline earnings jumped 84% in the year to March 31, helped by a strong performance in e-commerce operations, it said on Monday.
South Africa’s Naspers said on Monday its full-year earnings more than doubled, buoyed by improved performance of its e-commerce businesses and contribution from China’s Tencent , which accounts for the bulk of earnings and revenues.
China’s ByteDance is working with U.S. chip designer Broadcom on developing an advanced AI processor, two sources familiar with the matter said, a move that would help TikTok’s owner secure sufficient supply of high-end chips amid U.S.-Sino tensions.
