Former U.S. President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors in a blank-check acquisition company approved a tie-up currently worth about $6 billion.
Siltronic AG said on Friday that it plans to gradually cease the production of small diameter wafers at its site in the southern German town of Burghausen due to changing industry demands.
The U.S. government’s antitrust lawsuit against Apple draws on the watershed 1998 case that broke Microsoft’s stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition.
Indian IT services firm Wipro has promoted six employees to senior vice president roles and 25 others to vice president roles, two internal memos seen by Reuters showed.
Apple has held preliminary talks with Baidu 9888.HK about using the Chinese company’s generative artificial-intelligence technology in its devices in China, the Wall Street Journal reported on Friday.
China’s cyberspace regulator on Friday issued rules to facilitate and regulate cross-border data flow, clarifying the reporting standards for security assessments of important data exports.
Reddit will need to spend heavily on content moderation as it prepares for greater scrutiny as a public company, analysts said, threatening its longstanding policy of relying solely on volunteers to undertake the gatekeeping task.
Italy’s competition watchdog said on Friday it has opened a probe into Booking.com to establish whether the travel website is abusing its dominant market position.
Popular investor Cathie Wood’s ARK Invest bought nearly 10,000 shares of Reddit in the social media platform’s strong market debut on Thursday, an email from the asset manager showed.
Chinese semiconductor-related companies pulled out all the stops at one of the country’s largest chip-sector fairs this week to pitch domestic buying, echoing Beijing’s call to galvanize support for an industry facing growing geopolitical strains.
