Australia plans to bring new laws for Apple, Google, WeChat digital wallets
The Australian government is planning to come up with new laws that would tighten the regulation of digital payment services…
Google Play app store revenue reaches $11.2 billion in 2019, says lawsuit
Tech giant Google managed to generate a whopping amount of $11.2 billion in revenue from its mobile app store in…
EV maker Rivian files for IPO, eyes blockbuster year-end flotation
Electric vehicle maker Rivian has now revealed that it has filed paperwork with regulators for an initial public offering, further…
Apple makes deal with small developers on App Store
Apple has now finally agreed to loosen App Store restrictions on small developers, striking a deal in a class-action lawsuit…
Barclays bets big on India again with $400 million infusion
Barclays has now announced that it is pumping in more than $400 million into its India arm to tap rising…
Goldman Sachs plans to buy Dutch asset manager NNIP for $2 billion
Goldman Sachs has now revealed that it will buy Dutch insurer NN Group`s asset management arm for around 1.7 billion…
Samsung plans to invest $206 billion by 2023 for post-pandemic growth
Samsung Group has announced that it will invest 240 trillion won ($206 billion) in the next three years to expand…
PayPal unveils crypto buying and selling in the UK
PayPal Holdings Inc has now decided that it will allow customers in the UK to buy, sell and hold bitcoin…
Microsoft invests $5 million in SoftBank-backed Oyo
Tech giant Microsoft Corp has made an investment of $5 million in SoftBank-backed OYO, according to a regulatory filing, ahead…
Taiwan witnesses ”balance” in auto chip supplies
The demand and supply of auto chips globally should become a point of “balance” by the fourth quarter of 2021,…
Elon Musk hints at Tesla launch of humanoid robot prototype next year
Tesla’s Elon Musk has announced that the electric automaker is set to launch a “Tesla Bot” humanoid robot prototype next…
Baidu secures $1 billion in ESG bond issue despite China tech sector woes
Chinese internet giant Baidu has secured $1 billion in a two-tranche, US dollar sustainability bond, its first environment, social and…
BlackBerry’s software flaw could create roadblocks for cars, medical devices
A cybersecurity flaw has been detected in a software designed by BlackBerry Ltd that could put at risk cars and…
Austrian’s Bitpanda secures $263 million at $4.1 billion valuation
Austrian cryptocurrency broker Bitpanda has announced on Tuesday that it had raised $263 million at a valuation of $4.1 billion…
China economy faces immense pressure as factory output, retail sales growth goes down
China’s economy seems to be in doldrums as the factory output and retail sales growth slowed sharply and missed expectations…
