US

Flipkart

Flipkart in early talks for US listing via SPAC deal

India’s Flipkart is exploring going public in the United States through a deal with a blank-check firm, although a traditional stock market listing is much more likely, peopl...

Platform Industry: Hackers and cyber security

Microsoft says Chinese hackers targeted groups via server software

A China-linked cyberespionage group has been remotely plundering email inboxes using freshly discovered flaws in Microsoft mail server software, the company and outside researchers...

Facebook

Facebook signs up partners for German news product, but Springer baulks

Facebook signed up a string of German media partners to provide content for a local news product, but the publisher of the country’s best-selling newspaper said it would not ...

Platform Industry News: Huawei Technologies CFO

Huawei CFO’s lawyer disputes what HSBC knew as extradition case resumes

Huawei CFO Meng Wanzhou’s US extradition hearing resumed in a Canadian court with defence countering prosecutors’ claims that Meng misled HSBC about the Chinese telecom...

Platform News: Twitter App

Russia accuses Twitter of breaking law by failing to delete content

Russia’s communications regulator has accused Twitter of violating Russian law, saying the social media platform had not complied with some of its requests to delete banned c...

Platform News: Twitter App

Twitter aims to double revenue by 2023, teases new ‘super follow’ feature

Twitter will launch new features and products faster to refresh its business after years of stagnation, the company has said, aiming to double its annual revenue in 2023.

Platform News: GameStop

GameStop frenzy sparks fresh investment in stock-trading apps

The recent trading frenzy centred on GameStop and other “meme” stocks is sparking a wave of investor interest in start-ups aiming to mimic the success of Robinhood, whose no-fee br...

Platform Economy: Palantir and Peter Thiel

Palantir signals slower annual revenue growth, shares drop

Peter Thiel-backed data analytics business Palantir Technologies has signalled revenue growth would slow this year, casting a shadow on its better-than-expected quarterly results, ...

Platform Industry News: Twitter

Twitter to add more labels identifying government accounts

Twitter has said it will shortly add labels to identify more state-affiliated accounts, including world leaders’ personal accounts, to give users more context for geopolitica...

Platform Industry: US and China Relations and Politics

US to look at further restrictions on tech exports to China

The Biden admin will look at adding “new targeted restrictions” on certain sensitive technology exports to China in cooperation with allies, a senior official has said ...

Platform News: Huawei Technologies

Huawei challenges the FCC over US national security threat designation

Huawei Technologies Co has filed a legal challenge to the Federal Communications Commission’s designation of the Chinese company as a US national security threat to communica...

Platform News: Facebook

Facebook faces another UK class action after data harvesting scandal

Facebook is facing a second London High Court class action over allegations it failed to protect the personal details of about one million people in England and Wales, in the lates...

Platform Industry: Samsung

Samsung considers Austin for $17 billion chip plant, eyeing tax breaks

Samsung Electronics is considering Austin, Texas, as one of the sites for a $17 billion chip plant that could create some 1,800 jobs, according to documents filed with state offici...

Platform News: Search engine Google's New York office

Google to spend $3.8 million to settle accusations of bias

Google will spend $3.8 million to settle allegations that it underpaid women and unfairly passed over women and Asians for open roles within the organisation, the US Department of ...