Showing 1 - 7 of 7
SoftBank CEO set to announce $100 bn US investment
AFP, Published on 16/12/2024
» WASHINGTON - The head of Japan's SoftBank is set to announce plans on Monday to invest $100 billion in the United States over the next four years, a spokesperson for US President-elect Donald Trump's transition team told AFP.
Wigs, spectators, tears: Theranos fraud trial key moments
AFP, Published on 04/01/2022
» SAN FRANCISCO - Theranos founder Elizabeth Holmes was once vaunted as the next Steve Jobs, but her Silicon Valley startup crashed under claims of deception and she was convicted on Monday of defrauding investors.
China orders gaming giants to cut 'effeminate' gender imagery
AFP, Published on 09/09/2021
» BEIJING: Chinese authorities have ordered gaming giants Tencent and NetEase to end their focus on profits and cut content perceived to be breeding "effeminacy", as Beijing tries to direct youth culture, gender ideals and the reach of big tech.
China's billionaires club swells as market rally offsets virus pain
AFP, Published on 02/03/2021
» BEIJING: More than 200 billionaires were created in China last year as booming stock markets and a flood of new listings offset the ravages of the virus pandemic, according to a global tally released Tuesday.
Chinese TikTok rival Kuaishou nearly triples on Hong Kong debut
AFP, Published on 05/02/2021
» HONG KONG - Shares in Chinese video app company Kuaishou almost tripled on their Hong Kong debut Friday, following a $5.4 billion initial public offering for the TikTok rival that was the biggest for an internet firm in nearly two years.
Uber stock set to launch at $45 a share
AFP, Published on 10/05/2019
» NEW YORK - Uber geared up Thursday for its Wall Street debut with a massive share offering that is a milestone for the ride-hailing industry and the so-called "sharing economy," but which comes amid simmering concerns about its business model.
Big week for Big Tech as quarterly earnings loom
AFP, Published on 27/01/2019
» WASHINGTON - Big Tech firms face a critical test in the coming days with quarterly updates that may offer clues on whether the world's largest companies are seeing growth or retrenchment ahead.