INFBusiness

HONG KONG (Reuters) – China’s Alibaba Group Holding Ltd is seizing on a new business opportunity thrown up by the novel coronavirus: helping foreign universities skirt China’s stringent internet controls to keep classes going for their mainland Chinese students. Many…

SAN FRANCISCO (Reuters) – More than a thousand Twitter employees and contractors as of earlier this year had access to internal tools that could change user account settings and hand control to others, two former employees said, making it hard…

(Reuters) – Intel Corp (INTC.O) said on Thursday its new 7-nanometer chip technology was six months behind schedule, sending its shares down 9% in extended trading. The new delays are a blow for the Santa Clara, California-based chipmaker, which struggled…

(Reuters) – AT&T Inc said on Thursday it lost monthly phone subscribers and suffered a $2.8 billion revenue decline due to delayed movie releases and advertising shortfalls in the second quarter as the novel coronavirus pandemic ravaged its business. Shares…

(Reuters) – Billionaire Elon Musk’s SpaceX is looking to raise new capital at a valuation of about $44 billion, Bloomberg News reported on Thursday, citing people familiar with the matter. The company is in talks with investors for raising about…

NEW YORK (Reuters) – Fitbit and other wearable devices typically linked to exercise are being studied as ways to identify people who are potentially infected with COVID-19 before symptoms appear, when they can unknowingly spread the disease. Changes in heart rate, respiratory rate, and…

(Reuters) – Regulation intended to address the news industry’s problems with Google and Facebook could have adverse consequences, said outgoing New York Times Co (NYT.N) Chief Executive Officer Mark Thompson in an interview this week. The news industry has seen…