Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
2023-05-23 18:47
London-Based Startup Builder.ai Raises $250 Million
Builder.ai, an artificial intelligence company based in London, has raised $250 million in a funding round led by
2023-05-23 17:26
China Blasts Japan Over Export Curbs on Chipmaking Technology
China lashed out at Japan over Tokyo’s new export restrictions on some chipmaking technology and said it would
2023-05-23 17:16
Crypto Exchange OKX Sets Up Shop in Paris, Seeks Regulatory Approval
Crypto exchange OKX has applied for regulatory approval in France and plans to build out its European hub
2023-05-23 15:27
Hong Kong to Step Up Push for Crypto Hub in Contrast With Clampdowns Elsewhere in Asia
Hong Kong is set to announce that retail investors can trade crypto under its new rulebook for the
2023-05-23 11:23
TikTok Will ‘Soon’ Grant Oracle Full Access to Code, Algorithm
TikTok will “soon” grant Oracle Corp. full access to its source code, algorithm and content-moderation material as part
2023-05-23 08:15
Biden Names FCC Picks, Pushes for Democratic Majority at Deadlocked Agency
President Joe Biden moved to lock in his first Democratic majority at the Federal Communications Commission, naming veteran
2023-05-23 05:54
Tether’s Growth Is Defying a Trading Slowdown. That’s Adding to Its Appeal
Tether’s ability to increase its market capitalization while crypto trading volume remaining lackluster is adding to the ambiguity
2023-05-23 03:18
Meta Fined Record €1.2 Billion in EU Over US Data Transfers
Facebook owner Meta Platforms Inc. was hit by a record €1.2 billion ($1.3 billion) European Union privacy fine
2023-05-22 17:20
A Rare Shift in Crypto Volatility Offers Ether a Boost Relative to Bitcoin
Volatility gauges suggest traders expect smaller near-term swings in Ether compared with Bitcoin, a reversal of the usual
2023-05-22 14:59
Instagram Suffers Brief Outage Affecting Hundred of Thousands
Instagram, the popular photo-sharing app owned by Meta Platforms Inc., appeared to suffer an outage Sunday evening in
2023-05-22 08:58
Memecoin Mania and NFTs Bring a ‘Seismic Shift’ for Bitcoin Mining
An eruption of memecoins and nonfungible tokens on the Bitcoin blockchain has reshaped the revenue profile of miners
2023-05-21 21:25