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WASHINGTON: A U.S. judge in Pennsylvania on Friday blocked a U.S. Commerce Department order set to take effect on Nov. 12 that would have effectively barred Chinese-owned short video-sharing app TikTok from operating in the United States
NEW YORK: U.S. stock indexes closed lower on Friday to cap Wall Street's biggest weekly sell-off since March, as losses in richly priced tech heavyweights, a record rise in coronavirus cases and jitters over the presidential election snuffed investor sentiment.
KUALA LUMPUR: Bursa Malaysia slipped deeper into the red in late afternoon trade on Friday with over 1,000 counters falling, tracking the falls in key Asian markets on worries about the outlook for tech giants.
Asian markets looked to continue an upward swing on Friday, after a rebound in U.S. equities and strong corporate earnings set the stage.
NEW YORK: Advanced Micro Devices Inc’s (AMD) US$35bil purchase of semiconductor maker Xilinx Inc pushes 2020 toward a record year for chip deals, as large tech companies rush to consolidate the increasingly competitive industry.
It’s tempting to imagine that the United States is finally catching up with Europe when it comes to scepticism – and regulation – of Big Tech.
Apple Inc acquired a startup specialising in advanced artificial intelligence and computer vision technology that may help the iPhone maker improve its own AI across a number of apps and services.
Asian markets looked set for another weaker open on Wednesday as worries about a surge in coronavirus cases and dwindling hopes for a U.S. stimulus package kept investors gloomy.
The launch of the first 5G iPhones coincides with some important changes to be rolled out by the telecoms industry this quarter.