TikTok’s E-Commerce Ambitions Dealt Blow as Indonesia Adds Curbs
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in Southeast Asia’s biggest e-commerce arena.
Sea Ltd. gained a further 5% after Indonesia introduced sweeping regulations that will curb arch-foe TikTok’s efforts in Southeast Asia’s biggest e-commerce arena.
Shares in Asia fell as investors grappled with the expectation of higher interest rates and rising oil prices after crude extended a one-year high.
North Korea enshrined its policy of exponentially growing its nuclear forces into its constitution, in a show of defiance to US requests to return to stalled talks through which Pyongyang could secure economic aid in exchange for disarmament.
As Europe’s top trade chief headed to Beijing this month shortly after announcing a probe into China’s electric vehicle subsidies, some in the bloc braced for fiery criticism and any hint of retaliation.
Some of the first owners of Apple Inc.’s iPhone 15 Pro and Pro Max are complaining that the new devices get too hot during use or while charging, a potential setback for the company’s flagship product.
Alphabet Inc.’s Google stymied the development of an upstart search app by invoking its exclusive revenue-sharing deals with Samsung Electronics Co., Verizon Communications Inc., AT&T Inc. and T-Mobile Inc., the founder of a tech startup told a judge.
Micron Technology Inc. fell in late trading after predicting a steeper loss than anticipated in the current quarter, indicating that an industry slump is still weighing on the largest US maker of memory chips.
Jim Ryan, chief executive officer of Sony Interactive Entertainment, is stepping down after almost 30 years with the company.
An alumnus of Google’s artificial intelligence research unit DeepMind has a new venture fund, Mythos Ventures, that will bankroll young AI startups.
Palantir Technologies Inc. has won a $250 million contract with the US Defense Department to research and develop artificial intelligence and machine learning technology.