Chinese tech giant Tencent Holdings Ltd, the owner and operator of the messaging app WeChat, has said that it could find it difficult to convince new users to join its platform in the United States while a challenge a ruling by court in the US in favor of the company that prevents a ban on the...

The Chinese financial technology firm Ant Group moved a step closer to making a dual listing as the company managed to get an approval from the Shanghai Stock Exchange for a domestic initial public offering. This as announced by the bourse said on Friday.   Analysts expect that the combined...

Days prior to a ban of WeChat, owned by the Chinese tech giant Tencent, in the United States, the name of the messaging app WeChat Work office collaboration app has been changed to WeCom and it is being presented as a potential alternative to the messaging app WeChat.   According to the...

In its latest expansion of its services business that has become the backbone of the company’s growth strategy, iPhone maker Apple rolled out its new virtual fitness service along with the a host of all its subscriptions, by the name of Apple One, as the company aims to target a holiday-season...

According to reports quoting accounts published on Wednesday, despite the group reporting more than $17.5 billion in sales in United Kingdom, Amazon.com Inc's main UK subsidiary, Amazon UK Services Ltd., paid corporation tax of just 6.3 million pounds or $8 million in 2019.   The underlying...

While shunning the idea of selling off the short video sharing app TikTok’s United States business, the app’s Chinese owner ByteDance has instead decided to try and create a partnership with Oracle that could potentially help it to avoid a ban in the US of the app as well as be able to meet the new...

If the Canadian federal government bans use of equipment manufactured by China’s Huawei from the country’s 5G networks major telecommunications providers might not be compensated by government agencies, according to a report published by the news agency Reuters. In such a situation the total loss...

Microsoft is set to launch a major streaming service aimed a casual gamers with the promise of cutting ties to the living room with the scheduled launch of its Xbox cloud gaming service on Tuesday. It is priced at $1 for new users' first month.   This is also a major push by the company to...

Following repeated criticisms by app developers and a court case filed against it by the video game developer Epic Games against its app store policies, iPhone maker Apple Inc announced some revision in some of its App Store review guidelines on Friday.   According to the company, it has...

Citigroup’s consumer banking head Jane Fraser will be the first woman to lead a major Wall Street bank as the Wall Street lender named her to be the successor to the current chief executive officer of the bank Michael Corbat next year.   With a long career that covers investment banking,...

As a part of the wider investigations of Boeing’s   behavior in bidding to supply lunar landing vehicles, an independent review of its compliance and ethics practices is being submitted by the United States based aero space company according to an according to an agreement struck with...