MILAN : Stellantis on Tuesday unveiled its new Alfa Romeo Tonale compact sport utility vehicle (SUV) as it aims to expand in the premium market and add electrified and interconnected vehicles to its range. The world’s fourth largest carmaker plans to spend over 30 billion euros ($34.2 billion) through 2025 […]
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LONDON : Bitcoin donations have soared to Ukrainian volunteer and hacking groups, some of which have supplied equipment to government forces, according to a report showing such groups received more than $550,000 worth of cryptocurrency in 2021. The report, published on Tuesday by blockchain researcher Elliptic, suggests digital currencies are […]
WASHINGTON : Ride-sharing company Uber Technologies plans to begin reminding passengers to wear seat belts by pinging driver phones and sending riders messages amid a spike in U.S. traffic deaths. Uber told Reuters its new feature that launches Tuesday aims to alert riders to buckle up via a distinctive chime […]
Facebook’s owner Meta Platforms saw its stock market value slump by more than $230bn (£169bn) on Thursday, in a record daily loss for a US firm. Its shares fell 26.4% after quarterly figures disappointed investors. Meta also said that Facebook’s daily active users (DAUs) had dropped for the first time […]
JD.com founder and CEO Richard Liu will donate 62.4 million shares of the company to charity, the Chinese e-commerce giant said on Wednesday, adding to a list of similar philanthropic pledges from the country’s top tech billionaires. The move comes as China tightens scrutiny on its tech sector, including JD.Com […]
HELSINKI : After three quarters of growth, Finland’s Nokia is expected to round 2021 off with another set of strong results, which investors hope will lead to the resumption of dividends and a bolder outlook for this year’s revenue. Under CEO Pekka Lundmark, who took the helm at Nokia 18 […]
BEIJING: China has selected 15 pilot zones and identified several areas of application to “carry out the innovative application of blockchain” technology, according to a joint government statement on Sunday (Jan 30). The pilot zones include areas in China’s major cities of Beijing and Shanghai, as well as Guangzhou and […]
Meta Platforms Inc’s digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate Capital Corp for about $200 million, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter. Meta, formerly Facebook Inc, first unveiled plans for Diem, known as Libra […]
STOCKHOLM : SAP said on Thursday it has agreed to buy a majority stake in privately held U.S. fintech firm Taulia as the German business software group seeks to expand its presence across supply-chain financing and working capital loans. Taulia works with financial institutions to allow suppliers that use its […]
FILE – Protesters gather for a rally against COVID-19 vaccine mandates in front of the Lincoln Memorial in Washington, Sunday, Jan. 23, 2022. On Tuesday, Jan. 25, 2022, the Biden administration said it has officially withdrawn a rule that would have required workers at big companies to get vaccinated or […]