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Game of drones: Chinese giant DJI rocked by geopolitical tensions, staff exodus
About a third of DJI’s 200-strong team in the region was laid off or resigned last year, from offices in Palo Alto, Burbank and New York, according to three former and one current employee.
Exclusive: Goldman Sachs restarts cryptocurrency desk amid bitcoin boom
LONDON (Reuters) - Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said.
Bitcoin powers towards $50K as Tesla takes it mainstream
LONDON (Reuters) - Bitcoin was fast approaching the $50,000 mark on Tuesday as the afterglow of Elon Musk-led Tesla's investment in the cryptocurrency had investors reckoning it may become a mainstream asset class for both corporations and money managers.
IBM names head of new IT infrastructure services company
(Reuters) - IBM Corp on Thursday named former financial chief Martin Schroeter to head its new IT infrastructure services unit when it becomes public, as the 109-year old company shifts gears to focus on its high-margin cloud business.
Exclusive: Alibaba plans $5 billion bond this month amid regulatory scrutiny - sources
HONG KONG (Reuters) - China's Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a U.S. dollar-denominated bond this month, four people with knowledge of the matter said, amid regulatory scrutiny of co-founder Jack Ma's empire.
From famine to feast, investment in European tech startups roars back
BERLIN (Reuters) - With Europe in coronavirus lockdown, venture capital fund manager Fergal Mullen told his investors in April he would find it hard to back a startup without first meeting its founders.
China and Japan race to dominate future of high-speed rail
Japan and China are racing to build a new type of ultra-fast, levitating train, seeking to demonstrate their mastery over a technology with big export potential.
Focus: 'We're a tech company': Russia's Sberbank bets big on strategy shift
Sberbank, Russia's dominant lender, is planning one of the biggest reinventions in its 179-year history as it seeks to join the likes of Apple and Google in the global pantheon of Big Tech.
Tencent relinquishes rights to PUBG Mobile in India amid latest ban on Chinese apps
Tencent Holdings has surrendered its rights to publish PUBG Mobile in India to the company behind battle royale hit PlayerUnknown’s Battlegrounds.
PUBG Corp says Tencent not to publish mobile game in India
PUBG Corp, the unit of a South Korean company behind PlayerUnknown's Battlegrounds, will no longer give Tencent Games the rights to publish its popular mobile game in India, it said.
