TikTok Shop Makes Triumphant Return to Indonesia After $1.5 Billion Investment
In order to revive its online retail operation in Indonesia, social networking app TikTok has partnered with GoTo, a major player in the country's technology sector.
Dec 11, 2023 06:40 AM EST
Twitch to Pull the Plug on South Korean Operations Amidst Mounting Costs
Due to excessive operational expenses and network fees, Twitch, the streaming division of Amazon, said on Tuesday that it will cease operations in South Korea in February of the next year.
Nokia Stumbles After Losing AT&T, Shares Hit Three-Year Low
Nokia's stock fell to a three-year low after the telecom giant missed out on a significant agreement to launch a new network in the United States alongside AT&T, the industry titan.
Tesla's Cybertruck: High Price Could Dampen Enthusiasm for Electric Pickup
The starting price for Tesla's long-delayed Cybertruck is $60,990, which is more than 50% more than what CEO Elon Musk had advertised in 2019 and a price that experts predict would appeal to a privileged few.
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McDonald's expands delivery service through ordering app
The new app will allow customers to place orders for pickup alongside features such as customized favorites and preferred payment methods.
Mar 02, 2017 07:24 PM EST
Yahoo CEO Mayer gives up annual equity, bonus over mishandling of secuirty breaches
Mayer claims responsibility and offered that her cash bonus and annual equity award, instead, that it be redistributed to Yahoo's hardworking employees.
Mar 02, 2017 07:03 AM EST
Samsung chief faces trial after indictment on corruption charges
De facto chief of the South Korean electronics giant faces trial after indictment on multiple charges which include bribery and embezzlement.
Mar 02, 2017 12:59 AM EST
Alibaba seeks tougher penalties for purveyors of counterfeit goods
E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.
Mar 01, 2017 01:21 AM EST
Tesla Nearly Exceeds 114-Year-Old Ford's Market Value
Electric automaker is set to release its mass market car this year.
Feb 28, 2017 10:46 AM EST
Verizon Slashes Yahoo Deal Price By $350 Million
The telecommunications giant and internet pioneer signed an agreement to cut the deal by $350 million after Yahoo's image tumbled down with one hacking scandal after the other.
Feb 27, 2017 08:59 PM EST
Lenovo Third Quarter Profits Plummet
Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.
Feb 19, 2017 09:11 PM EST
Toshiba chair quits hours after conglomerate reveals $3.4 billion loss
Toshiba's chairman steps down shortly after the Japanese multinational conglomerate reported a multi-billion-dollar loss.
Feb 15, 2017 01:08 AM EST
Apple Ends Losing Streak, Posts Rise In Sales After Nine Months
Apple CEO Tim Cook says the company had the highest quarterly revenue ever, adding they have also returned close to $15 billion to investors through share repurchases and dividends.
Feb 02, 2017 02:53 AM EST
Amazon to Build Its Own $1.5 Billion Air Hub For Its Own Cargo Airline
Online giant, Amazon, is expanding fast and creating thousands of jobs in the United States, its Prime Air hub will support its dedicated fleet of Prime Air cargo planes.
Feb 01, 2017 09:53 PM EST
AMD To Deliver High Performance Computing and Graphics Products in 2017
AMD is all set to deliver some of the best computing and graphics products this year, the company has progressed on its operating loss to it prior quarter.
Feb 01, 2017 01:54 PM EST
Donald Trump to Review Dakota Pipeline
The US President-elect, Donald Trump, will make a review of Dakota Access Pipeline to reject a project permission in January 2017.
Dec 07, 2016 03:10 AM EST
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