News

Best Buy’s Q2 sales rose nearly 20% as consumers upgraded devices and equipment and fully embraced working from home, according to a press release by Best Buy on Tuesday. The...

Hong Kong-listed Chinese tech stocks rose significantly on Tuesday as investors got more clarity on the regulatory outlook, according to a report by CNBC on Tuesday. A group of positive...

The COVID-19 vaccine manufactured by Pfizer Inc. and partner BioNTech SE has scored the first full regulatory approval from the US Food and Drug Administration, CNBC reported. Acting FDA Commissioner...

China’s Ansteel Group has acquired a majority stake in Benxi Steel Group Co. to make it the third-biggest producer across the globe, Bloomberg reported. Ansteel Group acquired a 51% stake...

Global payments firm PayPal Holdings Inc. has rolled out its cryptocurrency trading services in the United Kingdom starting this week, the company announced in a statement. The service allows users...

Chipotle Mexican Grill announced on Thursday that the burrito chain is market-testing meat-free chorizo in Indianapolis and Denver, according to a report by CNBC on Friday. The plant-based chorizo would...

China passed a key data protection law on Friday, setting out stricter rules on how companies gather their users’ information, according to a report by CNBC on Friday. The regulations...

Chinese tech stocks plunged on Thursday after China revealed plans to impose additional regulations, Bloomberg reported. China said it is looking into more regulatory oversight on online companies and the...

Cisco Systems Inc posted Q4 results marking an 8% increase in revenue to $13.1 billion compared to the same period last year, according to a press release by Cisco on...

Chinese multinational firm Baidu Inc. has generated $1 billion from its US dollar sustainability bond offering, even as the country’s tech sector is being hounded by a regulatory crackdown, Reuters...

Robinhood Inc. posts a big loss in its first Q2 earnings, offsetting more than double sales, led by strong demand for cryptos, according to a press release by Robinhood on...

Tencent, a leading provider of Internet value reported second-quarter results with revenues up 23% YOY, according to a press release by Tencent on Wednesday. The gaming and social-media giant beat...