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MUMBAI (Reuters) - An Indian court on Tuesday said China's ByteDance must deposit around $11 million that federal authorities believe the company owes in an alleged case of tax evasion, a setback for the firm which wanted to unblock its bank accounts to pay salaries.
SAN FRANCISCO (Reuters) - To understand President Joe Biden's challenge in taming a semiconductor shortage bedeviling automakers and other industries, consider a chip supplied by a U.S. firm for Hyundai Motor Co's new electric vehicle, the IONIQ 5.
New Zealand is testing a monitoring app that uses AI to detect coronavirus before the user develops any noticeable symptoms, putting it on a trial run on its at-risk border workers.
A cross-party group of European lawmakers called on Friday for an EU ban on artificial intelligence (AI) systems that detect and label people according to gender or sexuality, saying the technology was ripe for abuse and could fuel discrimination.
HONG KONG (Reuters) - Macau's plans to use China's future digital currency will help Beijing curb money laundering in the world's top gambling hub but could deal a fatal blow to casino junket operators.
TikTok and its Chinese version Douyin retained No 1 spot in global downloads in April with 59 million installs. The apps’ global monthly installs have fallen from the peak in 2020 amid political headwinds in the US and India.
Thailand’s digital payments more than doubled in February from a year earlier, the central bank said on May 6, as the coronavirus pandemic pushes up demand for online services.
(Reuters) - The Federal Reserve is exploring the technology that would be required to establish a central bank digital currency, but more research needs to be done before it would move forward with a currency, Boston Fed Bank President Eric Rosengren said on Wednesday.
(Reuters) - Airbnb Inc beat Wall Street expectations for first-quarter gross bookings and revenue on Thursday, as speedy COVID-19 vaccinations and easing restrictions encouraged more people to check into its vacation rentals.
Tesla quick to show support for China’s new data collection rules after sharp decline in April sales
Tesla says on microblogging platform Weibo that it supports the standardisation of the car industry in China. The US electric vehicle maker faced a backlash after a Model 3 owner staged a protest at the Shanghai Auto Show.