TikTok’s chief executive faced tough questions on Thursday from lawmakers who are convinced the Chinese-owned short video app should be barred for being a potential national security threat to the United States.
Britain’s parliament will block TikTok on all devices on its network following a similar ban on government devices, becoming the latest Western institution to bar the Chinese-owned video app over security concerns.
Meta Platforms on Thursday voiced its strongest criticism to date of a push by EU telecoms operators to get Big Tech to foot some network cost, saying the plan is not the solution to their financial problems and it also ignores tech companies’ hefty investments.
Turkey’s only listed e-commerce platform Hepsiburada will prioritise profitability over rapid growth and step up efforts to retain customers who are being hit by soaring inflation.
The launch of cheaper postpaid plans with unlimited 5G by Reliance’s Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday.
The Biden administration on Thursday added 14 Chinese companies to a red flag list, forcing U.S. exporters to conduct greater due diligence before shipping goods to them because U.S. officials have been unable to inspect the listed entities.
Snap Inc , owner of photo messaging app Snapchat, launched a new division on Thursday that will help other companies build augmented reality features for their websites or apps.
Shares of Coinbase Global Inc fell 13% in premarket trading on Thursday after the U.S. Securities and Exchange Commission issued a notice declaring its intent to recommend an enforcement action against the crypto exchange’s products.
China will make efforts to stabilise automobile, consumer electronics consumption, and expand home appliances and green building materials consumption, the Ministry of Industry and Information Technology said on Thursday.
Toshiba Corp’s board on Thursday accepted a buyout offer from a group led by private equity firm Japan Industrial Partners (JIP), ending months of speculation over whether the investors would be able to take it private.
