INFBusiness

NEW DELHI (Reuters) – Intel Corp’s (INTC.O) investment arm will pay some $255 million for a small stake in Reliance Industries Ltd’s (RELI.NS) digital unit Jio Platforms, the latest in a slew of share sales that have helped the Indian…

HONG KONG (Reuters) – Tencent Holdings, China’s biggest social media and video game company, launched a new California-based studio this week, as it looks to further expand its presence overseas. The new studio, LightSpeed LA, will be led by former…

TAIPEI (Reuters) – Apple supplier Foxconn said on Friday customs clearing procedures in India have been resolved, as additional scrutiny by the country of imports from China disrupted operations in some foreign firms amid tensions between the Asian giants. Foxconn’s…

BENGALURU (Reuters) – Reliance Industries Ltd (RELI.NS) said on Friday that Intel Corp (INTC.O) would buy a

(Reuters) – Tesla Inc (TSLA.O) on Thursday denied media reports and said it had not fired employees who chose to stay at home during the coronavirus pandemic over safety concerns at the carmaker’s California factory. The electric carmaker said in…

BRASILIA (Reuters) – Brazil’s central bank president said on Thursday that Facebook Inc messaging service WhatsApp would be allowed to launch its new payments service in the country, but called for proof it can operate safely in terms of data…

HONG KONG/SHANGHAI (Reuters) – For Chinese cloud services companies, the coronavirus outbreak has become a rainmaker, bringing in new business far and wide as firms shift work online and authorities develop apps and systems to help contain outbreaks and manage…

BRASILIA (Reuters) – Brazil’s central bank president, Roberto Campos, said on Thursday Facebook Inc messaging service WhatsApp will be allowed to operate its newly launched payments service once it is proven the arrangement proposed by the company is competitive and…

BRUSSELS (Reuters) – Facebook, Alphabet-owned YouTube, Twitter and other social media will for the first time be subject to EU broadcasting rules on hate speech and harmful content under European Commission guidelines announced on Thursday. The amendments to the Audiovisual…

WASHINGTON (Reuters) – The Senate Judiciary Committee unanimously voted to approve a bill aimed at ending the spread of online child sexual abuse material after attempting to address concerns from U.S. tech companies that the proposed law goes too far…