World trade rebounding slowly, outlook uncertain: UN report
The value of global trade is set to fall by 7per cent to 9per cent in 2020 from the previous year, despite signs of a...
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Snapchat hits 249 mn daily users, sales up 52% in third quarter of 2020
Snapchat saw its daily active user base jump to touch 249 million, from 238 million in last quarter, as the company registered a 52% increase...
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How Google evolved from ‘cuddly’ startup to antitrust target
Like Microsoft was 22 years ago, Google is in the crosshairs of a Justice Department lawsuit accusing it of wielding the immense power of its...
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Amazon extends work from home option till June 2021
SEATTLE: Amazon.com on Tuesday (Oct 20) told employees whose work can be done from home that they can do so until June 2021, extending the...
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US says Google breakup may be needed to end violations of antitrust law
The government said Google has nearly 90% of all general search engine queries in the United States and almost 95% of searches on mobile. The...
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New Virgin Australia strategy spells end of business travel arms race
Virgin Australia looks set to cut basic fares and start charging fees for items like checked baggage and food under new chief executive Jayne Hrdlicka,...
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Netflix raises monthly charges for US customers, shares jump
[caption id="attachment_12076" align="alignnone" width="800"] FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, US Jul 16, 2018. [/caption] REUTERS:...
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Logitech reports 75% jump in quarterly sales, raises FY outlook
[caption id="attachment_11731" align="alignnone" width="870"] FILE PHOTO: Chief Executive Officer Bracken Darrell of the computer peripherals maker Logitech addresses a news conference in Zurich, Switzerland March...
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US senators ask Amazon if it tracks employees, curbs bids to form unions
Four Democratic U.S. senators on Thursday sent a letter to Amazon.com Inc's Chief Executive Jeff Bezos, demanding answers over its alleged moves to track and...
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Almost 2,000 Robinhood accounts infiltrated by hackers – Bloomberg News
Hackers infiltrated nearly 2,000 accounts of fintech startup Robinhood Markets Inc and siphoned off customer funds, Bloomberg News reported on Thursday, citing a person with...