Chinese e-commerce giant Alibaba plans to list its logistics unit Cainiao in Hong Kong 26. September 2023 Finance, Technology (0) Alibaba plans to list its logistics unit Cainiao on the Hong Kong Stock Exchange, the Chinese e-commerce giant said in a regulatory filing Tuesday.
Apple exec Eddy Cue set to testify in Google trial about $19 billion search deal 26. September 2023 Finance, Technology (0) Cue is expected to testify that Apple picked the Google search engine as an iPhone default because it was the best product.
Meta's Threads struggles to grow amid rivalry with Elon Musk's X, ranking ahead of only Tumblr 26. September 2023 Finance, Technology (0) Threads ranks near the bottom of the most popular social apps and continues to trail X, according to Insider Intelligence's first forecast of the Twitter clone.
JPMorgan's UK digital bank blocks customers from buying crypto 26. September 2023 Technology (0) From Oct. 16, Chase UK customers will "no longer be able to make crypto transactions via debit card or by outgoing bank transfer."
FTC and 17 states sue Amazon on antitrust charges 26. September 2023 Finance, Technology (0) The lawsuit is a major milestone for FTC Chair Lina Khan, who rose to prominence for her 2017 Yale Law Journal note, "Amazon's Antitrust Paradox."
Barry Diller rips WGA deal with studios, says fair use needs to be redefined to address AI 26. September 2023 Finance, Technology (0) Copyright law and fair use must be redefined to exclude AI and protect publishers from their content being "sucked up," Barry Diller said Tuesday on Squawk Box.
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off 26. September 2023 Finance, Technology (0) Improbable, which is backed by SoftBank, said its revenues more than doubled last year after a pivot to powering new "metaverse" experiences.
Apple's Eddy Cue defends default search contract with Google as best option for consumers 26. September 2023 Finance, Technology (0) Apple's head of services testified in federal court Tuesday about the company's agreement to make Google the default search engine on iPhones in the U.S.
A top European software investor raises $700 million — defying the venture capital slump 25. September 2023 Finance, Technology (0) Dawn Capital, one of Europe's biggest backers of business-to-business software companies, raised $700 million in two new funds.
Spotify will use AI to replicate podcasters' voices and translate them to other languages 25. September 2023 Finance, Technology (0) Spotify is translating podcasts into multiple languages with the same original voice