Foxconn aims to cut $2.9 billion from expenses in 2019: Bloomberg
Taiwan’s Foxconn aims to cut 20 billion yuan ($2.88 billion) from expenses in 2019 as the company faces “a …read more Source: Reuters Tech News
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Facebook’s WhatsApp names Ezetap co-founder Abhijit Bose as India head
Facebook Inc-owned WhatsApp said on Wednesday that it has appointed Abhijit Bose as head of its operations in India, its …read more Source: Reuters Tech News
Israeli minister urges Airbnb boycott, talks up rival service
An Israeli cabinet minister called on Wednesday for a boycott of Airbnb and promoted one of its rivals, escalating the …read more Source: Reuters Tech News
U.S. chipmaker Nvidia to provide AI platform for Chinese EV start-ups
U.S. chipmaker Nvidia Corp has signed separate deals with Chinese electric vehicle startups XPeng Motors, Singulato Motors and SF Motors …read more Source: Reuters Tech News
Freenet still committed to electronics retailer Ceconomy: CEO
German telecoms company Freenet said it remains committed to its investment in Ceconomy, Europe’s biggest consumer electronics retailer, despite a …read more Source: Reuters Tech News
Alibaba suffers rare ‘down round’ investment as Babytree’s HK IPO prices low: sources
China’s Babytree Group, a parenting website operator, has priced its Hong Kong IPO at the bottom of a marketing range, …read more Source: Reuters Tech News
Crunch time for Tencent Music’s 2018 $2 billion IPO hopes
Tencent Music Entertainment (TME) – China’s answer to Spotify – is facing crunch time on its hotly anticipated U.S. …read more Source: Reuters Tech News
Instacart hires Instagram manager to boost growth
Instacart said on Tuesday it hired Bangaly Kaba as vice president of growth from Facebook Inc’s Instagram as the grocery …read more Source: Reuters Tech News
Facebook sued by Russian firm linked to woman charged by U.S.
A Russian company whose accountant was charged by federal prosecutors for attempting to meddle in U.S. elections sued Facebook Inc …read more Source: Reuters Tech News
British Columbia moves to phase out non-electric car sales by 2040
British Columbia’s premier said on Tuesday his government will introduce legislation next year that will require all new light-duty cars …read more Source: Reuters Tech News