Business News

Uber hikes Hong Kong fees amid legal troubles

HONG KONG (Reuters) - Uber Technologies Inc on Monday hiked its Hong Kong fees by up to 80 percent after a review of its business there, the embattled ridesharing company said, adding it was ...

8 hours ago from Reuters Technology

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FBI Reportedly Advising Companies To Ditch Kaspersky Apps

When it comes to security apps for the computer, there are various software suites out there that you can use, and Kaspersky is one of them. However in a report from CyberScoop, it seems that ...

1 hours ago from Ubergizmo

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Uber's next CEO inherits a board at war and a combative ex-CEO

Legal squabbles, internecine skirmish and advancing rivals cloud future of ride-hailing giant, which is in search of a CEO.        

Sun 20 Aug 17 from USA today

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Uber favors former GE leader as its next CEO

Ever since Uber ousted CEO Travis Kalanick, there's been one overriding question: just who would be daring enough to replace him and salvage the ridesharing outfit's tattered ...

Sat 19 Aug 17 from Engadget

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Indian IT company Infosys CEO Vishal Sikka resigns

The CEO of India-based outsourcing and information technology company Infosys, Vishal Sikka, has resigned following differences with some founders of the company, including N.R. Narayana Murthy.

Fri 18 Aug 17 from

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India introduces price controls for knee implants

NEW DELHI (Reuters) - India has capped prices of orthopaedic knee implants, in the country's latest move to bring down prices of medical devices.

Wed 16 Aug 17 from Reuters

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Wisconsin Assembly passes $3 billion for Foxconn

The Wisconsin Assembly approved a $3 billion tax break Thursday with bipartisan support for Taiwan-based Foxconn Technology Group to build a massive display panel factory in the state, a project ...

Fri 18 Aug 17 from

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Alibaba profit nearly doubles on robust revenues

Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of solid revenue growth in its core shopping business and in cloud computing.

Thu 17 Aug 17 from

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Apple CEO makes $2 million pledge to fight hate

Apple is donating $2 million to two human rights groups as part of CEO Tim Cook's pledge to help lead the fight against the hate that fueled the violence in Virginia during a white-nationalist ...

Thu 17 Aug 17 from

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Apple is reportedly budgeting $1 billion to procure and produce original content over the coming year

Apple is reportedly looking to infiltrate Hollywood in a big way. Sources familiar with the matter tell The Wall Street Journal that the iPhone maker has set aside a budget of around $1 billion ...

Wed 16 Aug 17 from Techspot

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