Technology

(Reuters) – Alibaba Group Holding Ltd on Friday reported forecast-beating fourth-quarter revenues and profits, as more people shopped online for essentials because of the coronavirus lockdowns. As people stayed indoors and brick-and-mortar stores remained shut during the health crisis, online…

DUBLIN (Reuters) – Twitter may be the first big technology firm to face a fine by the EU’s lead regulator under the region’s tougher data protection rules after it submitted a preliminary decision in a probe into the social media…

(Reuters) – Data from millions of mobile phones shows varying behavior across the United States in May as people responded to the loosening of stay-at-home orders, a Reuters analysis shows. Americans returned to parks, restaurants and gas stations first. In…

(Reuters) – China’s Pinduoduo Inc beat first-quarter revenue estimates on Friday as more people shopped on its e-commerce platform during coronavirus lockdowns that have shut most brick-and-mortar outlets. Stay-at-home orders have boosted demand for online shopping as people stock up…

HONG KONG (Reuters) – Chinese technology company NetEase (NTES.O) plans to carry out a secondary listing on the Hong Kong Stock Exchange on June 11, which will be followed one week later by web retailer JD.com (JD.O), four sources with…

(Reuters) – China’s Pinduoduo Inc beat first-quarter revenue estimates on Friday, as more people shopped at its e-commerce platform during coronavirus lockdowns that shut down most brick-and-mortar shops. Stay-at-home orders have boosted demand for online shopping as people stock up…

(Reuters) – China’s Alibaba Group Holding Ltd (BABA.N) on Friday reported fourth-quarter revenue and profit that topped market expectations, as the COVID-19 lockdowns drove more people to shop online for essentials. As people stayed indoors and brick-and-mortar stores remained shut…

SAN FRANCISCO (Reuters) – With Facebook’s adoption of permanent remote work on Thursday, Chief Executive Mark Zuckerberg has untethered one of Silicon Valley’s biggest companies from the place that incubated it. But he also dashed a Silicon Valley dream: that…

JAKARTA (Reuters) – Indonesia’s election commission is investigating the release of 2.3 million voters’ private information on a hacker website along with a threat to release of the data of about 200

MANILA (Reuters) – A Philippine lawmaker has introduced a bill in parliament aimed at taxing big tech firms such as Facebook, Alphabet’s Google and Youtube, Netflix and Spotify, to raise funds to battle the coronavirus. The bill looks to raise…