Latest Platform News

Read the latest platform economy news and important industry commentary from the editorial team at Platform Executive and our global content partners, including Thomson Reuters.

Amazon Delivery

Amazon says sellers racked up more than $4.8 billion in sales over weekend

Amazon.com has said that independent companies selling on its platform crossed $4.8 billion in global sales from Black Friday through Cyber Monday, a massive increase of over 60% f...

Xiaomi

Xiaomi seeking up to $4 billion in equity deals

Chinese smartphone maker Xiaomi Corp is aiming to increase up to $4 billion in an equity and convertible bond agreement launched in Hong Kong on Tuesday, as reported by a term shee...

Financial Uncertainty

4 tips to overcoming financial uncertainty

Sometimes in life, it seems like everything moves too fast for your financial situation. You have a job, you pay your utility bills, you invested in a Roth IRA just like your dad s...

BlackBerry vehicle

BlackBerry and Amazon team up on vehicle data and software platform

Canada’s BlackBerry and e-commerce titan Amazon have developed a cloud-based software platform intended to help automakers and providers standardize vehicle data and accelera...

Bitcoin

Bitcoin surges to all-time record as 2020 rally powers on

Bitcoin jumped to a record high against the dollar on Monday, as its 2020 rally steamed ahead, boosted by increased demand by both retail and institutional investors that watched t...

Facebook App

Amnesty: Vietnam steps up online crackdown, jailed activists at record high

The number of political prisoners in Vietnam has reached its highest on record, according to a tally from Amnesty International, which in a report has accused Facebook and Google o...

Amazon

Cyber Monday set to be biggest online shopping day in American history

Cyber Monday was established to garner up to $12.7 billion in online sales, according to industry estimates, surpassing Black Friday’s digital numbers as American retailers e...

Amazon

Amazon and Apple stay away from French initiative for Big Tech

Amazon and Apple have not signed up to a brand new French initiative to get global tech firms to publicly commit to fundamentals including paying their fair share of taxes, governm...

Delivery Services

DoorDash aims to double valuation in much-awaited IPO

DoorDash Inc said on Monday it’s aiming to raise up to $2.8 billion in an IPO, which could double the worth of their US food delivery start-up and also be one of 2020’s...

President Donald J Trump

President Trump to add China’s SMIC and CNOOC to defence blacklist

The Trump administration is poised to include China’s leading chipmaker SMIC and federal offshore gas and oil producer CNOOC into a blacklist of alleged Chinese military comp...

UK Huawei Technologies 5G

UK bans new Huawei 5G kit installation from September 2021

British telecommunications businesses should not install new Huawei 5G kit following September 2021, the British government has said, as part of a plan to purge the Chinese busines...

iQIYI

Sources: Alibaba and Tencent put talks to buy iQIYI stake on hold

Alibaba Group Holding Ltd and Tencent Holdings Ltd have every held separate talks with Baidu Inc to obtain a controlling stake in movie streaming service iQIYI Inc, people with kno...

Libra

Facebook’s Libra is to launch as early as January but scaled back

The Switzerland-based Libra Association which will issue and regulate Libra intends to launch a single electronic coin backed by the buck, the FT newspaper has said.

Huawei Technologies

Huawei founder urges Honor subbrand to become a competitor post split

Huawei founder Ren Zhengfei called on employees of its own departing Honor sub-brand to strive to surpass its parent in a farewell address as the tech giant sells the funding brand...