Amazon.com declared on Friday that it is reducing the number of positions at its Alexa voice assistant division, citing a stronger emphasis on generative artificial
Category: WORLD NEWS
Alibaba shuts down cloud business unit valued at $60b citing US chip export ban.
Alibaba Group has cancelled its plans to spin off its cloud computing division, citing uncertainty brought on by American export restrictions on processors used in
ECB cautions lenders over subpar IT outsourcing and loss of millions of euros.
The European Central Bank said on Wednesday that banks in the eurozone are losing millions of euros as a result of tech contractors failing them,
Nepal bans China’s TikTok for promoting social disharmony and indecent materials.
On Monday, the government of Nepal made the decision to outlaw the well-known social media app TikTok, citing the disruption of “social harmony” inside the
Boeing rakes $63b from Emirates group on the first day of Dubai Air Show.
With a $52 billion acquisition of Boeing Co. aircraft, long-haul airline Emirates kicked off the Dubai Air Show, demonstrating how aviation has recovered from the
Greece continues divestment of lenders with the sale of 20% of National Bank shares.
As part of its efforts to distance itself from the nation’s lenders, Greece on Monday revealed plans to sell a 20% share in the National
Israeli and Saudi ETFs suffer unprecedented outflow of funds.
When the worst violence in decades rocked the Middle East and rattled the region’s business-friendly narrative in October, foreign investors withdrew an unprecedented amount of
ICBC, China’s biggest bank ransomware attack crippled US treasury market trading.
The largest bank in China says its financial services division was the cause of the ransomware attack that allegedly caused trading in the US Treasury
HSBC plans to expand its personal banking operations in India by targeting individuals with high net worth above $30m.
After launching its private bank there in July, HSBC hopes to boost personal banking in the country to cater to the rapidly expanding population of
China wants Ping An to acquire a 52% stake in Country Garden in a bid to rescue the property sector.
Ping An Insurance Group has been approached by Chinese authorities, to acquire a majority share in the troubled Country Garden, which is the largest private
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