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Technology 28 Feb 2013 | 12:00 AM

Groupon shares crumple after dismal outlook, take-rate cut

Groupon lost a quarter of its market value after revealing it began to take a smaller cut of revenue during the holidays.

TECH 11 Jul 2014 | 11:43 AM

Rideshare vs. taxi: the war flares up in the Big Apple

The battle between ride-sharing and traditional taxi service is heating up in New York, with a new rival for ride-seekers declared illegal even before launching.

TECH 09 Mar 2016 | 6:51 AM

Court blocks immediate FCC rate cut for US prisoner telephone calls

A federal appeals court on March 7 put on hold an order by the Federal Communications Commission cutting US prison telephone rates for local and long-distance calls to US$0.11 (RM0.45) a minute for more than two million US prisoners.

Technology 01 Apr 2016 | 6:14 AM

What's up? Indonesia's central bank gets chatty with markets

A new chat group on the instant messaging phone application WhatsApp is helping Indonesia's central bank improve its reputation for managing market expectations, something it has struggled with in the past.

TECH 07 Sep 2017 | 9:28 AM

Apple is said to reach music deal with Warner; Sony pact next

Apple Inc has secured a deal for songs from Warner Music Group, the technology giant’s first agreement with a major label since introducing its on-demand music service two years ago, according to people familiar with the matter.

Spotify 06 Sep 2018 | 7:00 AM

The tension is building between Spotify and the music industry

Marc Cimino is frustrated. The Universal Music Publishing executive oversees one of the largest song catalogues in the world, collecting royalties for Nicki Minaj, Adele and Justin Bieber.