BEIJING (Reuters) – Alibaba’s Ele.me on Thursday became China’s first delivery platform to sign collective contracts on wages and labour safety with its staff, official media reporte[...]
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Technology
Virgin Galactic to launch second commercial space flight next month
(Reuters) – Virgin Galactic Holdings said on Thursday that the space tourism startup will launch its second commercial flight in a window that opens next month after a successful first flight in[...]
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Musk’s Twitter sues four Texas entities for data scraping, seeks damages
(Reuters) -Twitter has filed a lawsuit against four unnamed entities in Texas for data scraping last week, a move that showed why the Elon Musk-owned social network recently placed daily limits on the[...]
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Mitsubishi’s China JV to cut staff costs after SUV sales dive
BEIJING/SHANGHAI (Reuters) – Mitsubishi Motors’ joint venture with China’s Guangzhou Automobile Group (GAC) on Thursday said it would cut staff costs to try to revive its fortunes af[...]
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Chindata says largest shareholder Bain will not sell stake after rival bid
(Reuters) – Chindata Group Holdings said on Thursday Bain Capital, its largest shareholder, did not intend to sell any of its shares in the Chinese data center operator after a rival bid from Ch[...]
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Analysis-Partnering with Coinbase could hinder bid for bitcoin ETF approval
By John McCrank and Michelle Price WASHINGTON (Reuters) – Partnering with Coinbase Global may hinder rather than help Nasdaq’s bid to win regulatory approval for a bitcoin exchange-traded-[...]
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Elon Musk thinks China is interested in an international AI framework
By Kanishka Singh and Anna Tong WASHINGTON (Reuters) -Billionaire Elon Musk said on Wednesday he thinks China is interested in a cooperative international framework on artificial intelligence, from co[...]
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Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers
By Ananya Mariam Rajesh, Granth Vanaik and Arriana McLymore (Reuters) -Amazon.com’s Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a year ago on its f[...]
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FTC to appeal judge’s decision to let Microsoft buy Activision
By Diane Bartz WASHINGTON (Reuters) -The U.S. Federal Trade Commission (FTC) said on Wednesday it was appealing a federal judge’s ruling that Microsoft could go forward with its $69 billion purc[...]
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