Technology

WASHINGTON – Amazon has quietly purchased the Australian-based e-commerce platform Selz, which enables businesses to build their own online stores. The deal, terms of which were not disclosed, was made last month and confirmed by Selz in…
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WASHINGTON – Parler, popular with American right-wing users but which virtually vanished after the US Capitol riot, re-launched its social media platform on Monday (Feb 15) and said its new platform is built on “sustainable, independent…
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WASHINGTON ― The Biden administration will look at adding “new targeted restrictions” on certain sensitive technology exports to China in cooperation with allies, a senior official said yesterday ahead of the new president’s first call…
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SAN FRANCISCO – Facebook Inc will significantly reduce the distribution of content from profiles and pages run by the Myanmar military, treating it as a source of misinformation in the wake of the Feb 1 coup that deposed the elected…
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NEW YORK – Twitter on Tuesday (Feb 9) beat Wall Street targets for quarterly sales and profit and followed its social media peers to forecast a strong start to 2021 as ad spending rebounds from a rock bottom. The solid beat, aided by ad…
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TOKYO – SoftBank Group’s Vision Fund posted a record 844.1 billion yen (S$10.7 billion) profit in a quarter bolstered by a stock market surge that lifted the value of its investments and helped portfolio companies like DoorDash  go…
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WASHINGTON – Microsoft said it will halt donations for the 2022 election cycle to lawmakers who voted to overturn the results of the US presidential election, after concerns the company’s political action committee had supported some of…
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HONG KONG  – Kuaishou Technology, the operator of China’s most popular short-video service after ByteDance’s Douyin, jumped 194 per cent in its Hong Kong debut after a US$5.4 billion (S$7.2 billion) initial public offering that attracted…
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SHANGHAI – Tencent Holdings fired more than 100 employees on suspicion of graft after a series of investigations over the past year, offering a rare glimpse into an anti-corruption campaign within China’s most valuable corporation. The…
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SAN FRANCISCO – Google parent Alphabet on Tuesday (Feb 2) reported that its quarterly profit rocketed some 50 per cent to US$15.2 billion (S$20.2 billion) at the end of last year as its digital ad business thrived. Alphabet revenue in the…
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