Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public
Chinese e-commerce company Alibaba Group Holding on Thursday said that it plans to spin-off of its cloud computing unit and that its logistics and grocery units would begin exploring initial public offerings, as the e-commerce firm kickstarts a restructuring process of its businesses aimed at spurring growth
2023-05-18 22:27
Japan, Britain strike 'historic accord' on cooperation in defense, clean energy, semiconductors
Japan and Britain have struck what they are calling a historic accord on cooperation in defense, clean energy and semiconductors
2023-05-18 21:53
Alibaba Breakup Begins With Spinoff of $12 Billion Cloud Arm
Alibaba Group Holding Ltd. will explore initial public offerings for its logistics and grocery arms while hiving off
2023-05-18 21:49
UK telecom company BT plans to shed up to 55,000 jobs, replace some with AI
U.K. telecom company BT Group plans to shed up to 55,000 jobs by the end of the decade and replace some of them with artificial intelligence
2023-05-18 21:26
Ford recalls SUVs, some for a second time, to fix rear camera display
Ford is recalling over 422,000 SUVs in the U.S. because the image from the rear camera may not be displayed
2023-05-18 19:51
Japan's leader welcomes investment, exchanges to strengthen computer chip supply chain
Japanese Prime Minister Fumio Kishida at a meeting with computer chip makers has stressed that investment and international exchanges to strengthen the supply chain were welcome
2023-05-18 11:53
Montana says 1st-in-nation TikTok ban protects people. TikTok says it violates their rights
Montana has become the first state to enact a complete ban on TikTok
2023-05-18 09:45
Montana governor bans TikTok. But can the state enforce the law?
Montana Gov. Greg Gianforte on Wednesday signed into law a first-of-its kind bill that makes it illegal for TikTok to operate in the state
2023-05-18 07:18
Montana becomes 1st state to enact ban on TikTok; law likely to be challenged
Montana has become the first state to enact a complete ban on TikTok
2023-05-18 06:59
New rule targets college programs that leave grads with low income, high debt
College programs that leave graduates underpaid or buried in loans would be cut off from federal money under a proposal issued by the Biden administration on Wednesday
2023-05-18 06:22
Biden administration invests in carbon capture, upping pressure on industry to show results
The Biden administration is announcing an investment of $251 million in carbon capture and storage projects in seven states
2023-05-18 03:48
Minnesota lawmakers bolster quota protections for warehouse workers
Minnesota lawmakers have passed a bill that would provide more protection for warehouse workers who have to meet productivity quotas, a move aimed at helping employees at companies like Amazon
2023-05-18 03:27