China’s Cyberspace Administration is conducting review of Shein
By Chandni Shah (Reuters) – The Cyberspace Administration of China is conducting a cybersecurity review of online retailer Shein‘s data handling and sharing practices, the Wall Street Journal reported. China’s…
Uber says it’s working with Tesla to boost EV adoption among drivers
By Harshita Mary Varghese (Reuters) – Uber is working with Tesla to promote use of electric vehicles by its drivers in the United States as it works towards becoming emission-free…
Post holiday alert: dodging online scams
The time after the holidays can often lead to a noticeable shift in mood, as the excitement of festive seasons slowly fades away, to leave room to the regular rhythm…
Volkswagen and rivals plug away at solid-state battery puzzle
By Eric Onstad and Paul Lienert LONDON/DETROIT (Reuters) – Volkswagen, whose drive to develop a “solid-state” electric car battery with U.S. startup QuantumScape has been dogged by delays, is casting…
Deloitte 2024: business technology investments will rise this year
Deloitte 2024: Technology investment is rising worldwide, with the average corporate technology budget rising from 4.25 per cent in 2020 to 5.49 per cent in 2022, with a forecast of…
TSMC’s Q4 profit to slide 23%, focus on rebounding demand this year
By Ben Blanchard TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is expected to report a 23% drop in fourth-quarter profit on Thursday, but analysts predict better growth this…
Rental giant Hertz dumps EVs, including Teslas, for gas cars
By Nathan Gomes and Joseph White (Reuters) – Rental firm Hertz Global Holdings is selling about 20,000 electric vehicles, including Teslas, from its U.S. fleet about two years after a…
China’s military and government acquire Nvidia chips despite US ban
By Eduardo Baptista BEIJING (Reuters) – Chinese military bodies, state-run artificial intelligence research institutes and universities have over the past year purchased small batches of Nvidia semiconductors banned by the…
Microsoft edges out Apple as world’s most valuable company
By Noel Randewich (Reuters) – Microsoft‘s stock market value ended a trading session higher than Apple’s for the first time since 2021 on Friday, making it the world’s most valuable…
US SEC says breach of X account did not lead to breach of its broader systems
By Kanishka Singh, Douglas Gillison and Eric Beech WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Friday said there was no evidence to suggest the breach of its…