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Alibaba For $1 Billion Into Cloud Computing. The Move Is Critical for Its Growth.

Alibaba For $1 Billion Into Cloud Computing.  The Move Is Critical for Its Growth.

Text size Alibaba stock has tumbled since early 2021 amid waves of regulatory pressures. Greg Baker/AFP via Getty Images Ali Baba will invest $1 billion into its cloud computing division, doubling down on a high-growth area of ​​its business as the Chinese tech giant emerges from a painful slowdown in its core area of ​​e-commerce. …

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Apple may move a quarter of iPhone production to India by 2025 -JPM

Apple may move a quarter of iPhone production to India by 2025 -JPM

A man holds an iPhone 14 as Apple Inc’s new models go on sale at an Apple store in Beijing, China, September 16, 2022. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Register Sept 21 (Reuters) – Apple Inc (AAPL.O) may make one out of four iPhones in India by 2025, JPMorgan analysts …

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US Treasury says some satellite internet equipment can be exported to Iran

US Treasury says some satellite internet equipment can be exported to Iran

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 20 (Reuters) – The US Treasury Department said on Tuesday some satellite internet equipment can be exported to Iran, suggesting that SpaceX CEO Elon Musk may not need a license to provide the firm’s Starlink satellite broadband service in the country. Musk said on …

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New iPhones have Qualcomm satellite modem, new Apple radio chips

New iPhones have Qualcomm satellite modem, new Apple radio chips

The Apple iPhone 14 Pro is seen at the Apple Fifth Avenue store in Manhattan, New York City, US, September 16, 2022. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register SAN LUIS OBISPO, Calif., Sept 17 (Reuters) – Apple Inc’s (AAPL.O) iPhone 14 models contain a Qualcomm Inc (QCOM.O) chip that …

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US antitrust officials ask to join arguments in Apple appeal

US antitrust officials ask to join arguments in Apple appeal

Smartphone with Epic Games logo is seen in front of Apple logo in this illustration taken, May 2, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 16 (Reuters) – Officials from the US Department of Justice have asked to take part in oral arguments next month in “Fortnite” creator Epic …

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EU court’s Wednesday ruling on record $4.4 bln Google fine may set previous

EU court's Wednesday ruling on record $4.4 bln Google fine may set previous

European Commission Vice President Margrethe?Vestager speaks during an interview with Reuters in Brussels, Belgium, March 28, 2022. REUTERS/Johanna?Geron/File Photo Register now for FREE unlimited access to Reuters.com Register LUXEMBOURG, Sept 14 (Reuters) – A ruling on Wednesday by Europe’s General Court on whether Alphabet’s (GOOGL.O) Google should face a record EU antitrust fine of 4.34 …

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Apple plans to unveil new spots for ads in App Store by year-end

Apple plans to unveil new spots for ads in App Store by year-end

Apple CEO Tim Cook holds the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, September 7, 2022. carlos barria | Reuters Apple plans to release new ad “placements” as soon as the holiday season, according to a message sent to developers on Tuesday inviting them to an online session to …

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Twitter says Musk’s latest attempt to scrap deal ‘invalid and wrongful’

Twitter says Musk's latest attempt to scrap deal 'invalid and wrongful'

Register now for FREE unlimited access to Reuters.com Register Sept 12 (Reuters) – Twitter Inc (TWTR.N) said on Monday payments made to a whistleblower did not breach any terms of its $44 billion buyout by Elon Musk, after the world’s richest man made another attempt to scrap the deal. In a letter to Twitter on …

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Disney found ‘substantial portion’ of Twitter users fake in 2016 -former CEO

Disney found 'substantial portion' of Twitter users fake in 2016 -former CEO

Register now for FREE unlimited access to Reuters.com Register Sept 7 (Reuters) – Former Disney CEO Bob Iger said on Wednesday the entertainment giant had determined that a “substantial portion” of Twitter’s users were “not real” in 2016, when Disney was weighing a purchase of the social network. Iger said the Walt Disney Co (DIS.N) …

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Dream job: the Japanese man who gets paid to do nothing

Dream job: the Japanese man who gets paid to do nothing

Register now for FREE unlimited access to Reuters.com Register TOKYO, Sept 6 (Reuters) – Shoji Morimoto has what some would see as a dream job: he gets paid to do pretty much nothing. The 38-year-old Tokyo resident charges 10,000 yen ($71) an hour to accompany clients and simply exist as a companion. “Basically, I rent …

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