Israeli fintech company Vesttoo said on Wednesday it named Ami Barlev as interim chief executive officer, replacing Yaniv Bertele, who was in charge during a fake collateral scandal.
Taiwan said on Wednesday chipmaker TSMC’s 3.5 billion euro ($3.83 billion) investment in Germany would drive deeper engagement between the island and Europe, while Berlin said it was a positive sign for bilateral ties.
Indian lawmakers on Wednesday passed a data protection law that will dictate how tech companies process users’ data amid criticism that it will likely lead to increased surveillance by the government.
Penn Entertainment reported a better-than-expected quarterly profit on Wednesday, as visitors return to its casinos and demand for online sports betting rises.
Russia will begin piloting its digital rouble with consumers on Aug. 15 after a lengthy testing phase with banks, the central bank said on Wednesday, as Moscow looks to widen the scope of its cross-border payments.
Indonesia’s industry ministry said on Wednesday Japanese carmaker Mitsubishi Motors was planning to invest 5.7 trillion rupiah ($375.25 million) in 2024 to expand its production capacity in the country.
Online gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending its shares down nearly 20%.
International Business Machines said on Wednesday it would host Meta Platforms’ artificial intelligence language program on its own enterprise AI platform, watsonx.
Lyft’s shares fell more than 7% on Wednesday as investors feared the ride-hailing platform’s focus on competitive pricing to gain market share would muddy its path to profitability.
