The Chinese authorities could now have a say on whether to approve the forced sale of the Chinese owned video-sharing app TikTok's US business because of a recent update to technology export rules in the country, according to a report published in the Chinese state media late Saturday quoting a...

If the attempt of the United States based global retailer Walmart Inc to acquire the Chinese owned popular short-form video app TikTok is successful, it could make the retailer into an online advertising leader almost overnight, according to analysts.   The largest retailer of the world...

With the new curbs on the Chinese telecom giant Huawei by the United States set to take effect from September amid rising tensions between the United States and China, Taiwanese chip designer MediaTek Inc wants to continue to supply to the Chinese company. For this purpose, the Taiwanese company...

Net profit of the American IT company HP Inc for the nine months of the 2019-2020 fiscal year, which ended on July 31, amounted to $ 2.176 billion, which is 21.3% less than a year ago, the company said. On a per share basis, diluted earnings for the reporting period were $ 1.51 versus $ 1.8 in the...

Chinese hardware and electronics manufacturer Huawei has begun to actively fill its warehouses with chips from various suppliers. It is noted that the stock is being created in anticipation of the start of the US sanctions against the Chinese company, writes Nikkei citing sources close to the...

There is now increased expectation of an influx of funding in ‘Silicon Wadi’, Israel’s own Silicon Valley, following the establishment of formal diplomatic ties between Israel and the United Arab Emirates.   “The UAE has excess amounts of money, but not enough places to invest it in the...

The forced closure of its stores because of the novel coronavirus pandemic for about half the period of the latest completed quarter resulted in the apparel company reporting a bigger-than-expected loss for the quarter as people stayed back home and worked from home which meant that there was...

The American company Apple is close to opening an Apple Store, which will float on water, CNBC reported. "Apple has announced that it plans to open a new Apple Store in Singapore that appears to be floating on water," the channel said in a statement. It is noted that the new store, placed in a...

The Chinese owned short-form video-sharing app TikTok filed a legal challenge in a court in the United States against an executive order issued by President Donald Trump that effectively prevented all American companies to have any transactions with the Chinese firm. TikTok has called the trump...