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China's Lenovo Group Ltd will lay off 10% of white-collar staff after sales of Motorola handsets fell by a third.
Chinese computer giant Lenovo said it would cut more than 3,000 jobs as net profit for its first quarter fell by more than 50%.
Music streaming was supposed to have come of age with the public listing of Deezer, but the French company's postponement of its stock offer demonstrated investors still have concerns about its economic model.
Shares of Square Inc, the mobile payments company co-founded and still run by Twitter Inc chief executive Jack Dorsey, soared as much as 64% in their market debut, following a marked-down initial public offering.
China's online censorship system protects national security and does not discriminate against foreign companies, the country's Internet regulator said, after the United States labelled the blocking of websites by Beijing a trade barrier.
Dell Inc's cyber security unit SecureWorks Corp raised US$112mil (RM437.22mil) in the first US initial public offering of a technology company in 2016, less than it had hoped for.
China's business regulator said it has warned leading online shopping companies, including Alibaba Group Holding and JD.com, against adopting dodgy sales tactics at the upcoming "Singles Day" festival.
China's business regulator said it has warned leading online shopping companies, including Alibaba Group Holding and JD.com, against adopting dodgy sales tactics at the upcoming "Singles Day" festival, China's biggest shopping day of the year.
A dusty village on the outskirts of Ningde, a third-tier city in China's southeast, seems an unlikely place for the headquarters of a potential global leader in future automotive technology.