Business

Bitcoin has had an eventful year, reaching a record high and becoming legal tender in El Salvador. Bitcoin breached the $60,000 mark for the first time since April on growing optimism that American regulators will greenlight the first US futures exchange-traded fund for the cryptocurrency. The digital currency was up...

The impact of chip shortages hitting companies the size of Apple represents the enormity of the issues facing companies across the world, according to a leading academic. Dr. Florian Lücker, senior lecturer in supply chain management at Bayes Business School (formerly Cass), says the ongoing problem is showing no signs...

Permanent waterholes in arid Australia are sustained by groundwater. Credit: linders University Australia's future growth is closely aligned to good resources management, and water is top of the list. This is underpinning a growing shortage of groundwater scientists and engineers. The demand is rising, with the National Centre for Groundwater...

Credit: CC0 Public Domain French cloud computing group OVHcloud made its debut on the Paris stock market Friday, turning its Polish-born founder, Octave Klaba, into Europe's newest tech billionaire. The shares traded at slightly above their introduction price of 18.5 euros on Friday, valuing the group at around 3.5 billion...

Italy's new national carrier ITA will still use Alitalia's iconic green, white and red logo as it replaces the failed airline. Italy's new national carrier ITA Airways took its debut flight Friday, closing a turbulent chapter that witnessed the decline of the country's storied but ill-fated Alitalia after 74 eventful...

Microsoft arrived in China in 1992 and now employs around 6,200 in the region. Microsoft, which will close its career-oriented social network LinkedIn in China, is one of the few US tech titans that have managed some success in the country. The software giant has kept its business alive in China...

A former Boeing chief test pilot provided the Federal Aviation Administration with "materially false, inaccurate, and incomplete information" about the 737 MAX flight handling system, according to the US Justice Department. A US federal grand jury on Thursday charged a former Boeing chief test pilot with misleading aviation regulators during...

Sotheby's sold the original source code for the World Wide Web for $5.4 million. Sotheby's auction house launched a dedicated platform for collectors of NFTs Thursday and announced a twice-a-year sale of the digital objects, a sign of its commitment to the craze. A non-fungible token (NFT) is a digital...

This Jan. 28, 2015, file photo, shows the Federal Trade Commission building in Washington. Federal regulators say they are cracking down on "an explosion" of businesses' use of fake reviews and other misleading messages to promote their products and services on social media. The Federal Trade Commission said, Thursday, Oct....

In this Thursday, Sept. 22, 2016, file photo, the LinkedIn logo is displayed during a product announcement in San Francisco. Microsoft says it is shutting down its LinkedIn service in China later this year following tighter government censorship rules. The company said in a blog post Thursday, Oct. 14, 2021,...

Boeing said it is reworking undelivered 787 planes to address a newly discovered defect as the company faces stepped-up scrutiny from regulators. Boeing said Thursday it will rework undelivered 787 Dreamliner planes after uncovering another defect on the jet, which has been halted for deliveries since May. The company was...

Credit: Unsplash/CC0 Public Domain A Facebook representative provided false testimony in a lawsuit that accuses the social media giant of violating state campaign finance laws, Washington Attorney General Bob Ferguson alleges in court filings. Both Facebook and Facebook's attorneys knew the testimony was false, Ferguson says in court filings. He...

Netflix is the market leader but will face increasingly stiff competition as US firms go global. World domination is no longer the preserve of evil dictators and Bond villains. Today it is streaming platforms that are engaged in an increasingly expensive battle for control of the world's eyeballs.HBO Max is...

Infosys chief Salil Parekh said growth was the fastest in 11 years. Indian software giant Infosys said Wednesday it expects to grow faster than previously projected after reporting quarterly earnings that beat analyst estimates. The company reported revenues of 296 billion rupees ($3.9 billion) in the three months ending September...

Credit: CC0 Public Domain A "human error" took down the servers of one of Europe's biggest cloud computing groups on Wednesday, causing thousands of websites to crash for more than hour, the company said. OVHcloud, a French tech success story which is set to launch an initial public offering on...

Apple boss Tim Cook has warned about the impact of supply chain problems on production. Apple is unlikely to meet production goals for its new iPhone before the holidays because of a global electronic chip shortage, a report said Tuesday. The firm had planned to produce 90 million iPhone 13s...

The show is the latest manifestation of the ever-growing influence of South Korea's popular culture. Dystopian South Korean drama "Squid Game" has become Netflix's most popular series launch ever, drawing 111 million fans since its debut less than four weeks ago, the streaming service said Tuesday. The unprecedented global viral hit...

Credit: Pixabay/CC0 Public Domain Facebook Inc. is changing the way it counts user profiles for advertising purposes—a move that will increase the number of total accounts an advertiser can reach—as part of an effort to improve privacy. The company currently uses data, like a user's email address or phone ID,...

Credit: CC0 Public Domain Google is developing a new feature called Big Moments, which will compete with rivals Facebook and Twitter in delivering the latest breaking news updates during major events. The COVID-19 pandemic forced the search engine to react quickly and constantly to its users' needs for the latest...

Lee Jae-yong, Samsung Electronics vice chairman and de facto leader of Samsung Group, arrives for his trial on charges of illegally using the anaesthetic propofol. The de-facto leader of the sprawling Samsung group Lee Jae-yong went on trial Tuesday on charges of illegally using the anaesthetic propofol, the latest legal...