Technology

uber car

Uber Halts Operations in Brussels after Court Ruling

Uber Technologies will halt its leading ride-hailing service in Brussels, Belgium starting on Friday in compliance with a court ruling.  Last Wednesday, the Brussels Appeal Court ruled out that a 2015 ban on private individuals offering taxi services must include professional drivers. Accordingly, Uber noted that the decision would affect around 2,000 workers, urging the …

Uber Halts Operations in Brussels after Court Ruling Read More »

tencent

Tencent Faces Suspension on App Approvals in China

On Thursday, Chinese regulators suspended the app approvals of Tencent after they found that some of its products infringed users’ rights and interests.  In line with this, the gaming company must present any new applications or updates to China’s Ministry of Industry and Information Technology for inspection.  In this latest order, the firm should wait …

Tencent Faces Suspension on App Approvals in China Read More »

apple

Apple Sues NSO Group to Curb State-Sponsored Spyware

In late Tuesday, Apple filed a lawsuit against Israeli cyber firm NSO group for alleged surveillance of iPhone users with its Pegasus spyware. Accordingly, the tech giant seeks a permanent injunction to ban the group from utilizing any Apple software, services or devices.  Correspondingly, it considers this lawsuit as a warning to other spyware vendors. …

Apple Sues NSO Group to Curb State-Sponsored Spyware Read More »

netease

Netease Unveils $500M Hong Kong IPO for its Music Business

On Tuesday, Netease, Inc launched the Hong Kong initial public offering (IPO) of its music business Cloud Village, equating to around $500.00 million. Accordingly, it plans to offer 16 million shares at a price between $24.38 and $28.23 under the stock code of 9899.HK. In addition, it will list down its shares on the Main …

Netease Unveils $500M Hong Kong IPO for its Music Business Read More »

ericsson

Ericsson Acquires Cloud Firm Vonage in a $6.20B Deal

On Monday, Ericsson entered into a $6.20 billion all-cash agreement to acquire Vonage, a cloud communications firm.  Accordingly, this move mirrored the efforts of the telecom gear maker in broadening its 5G portfolio worldwide. In addition, the deal, one of the most significant engagements of Ericsson, came after the $1.10 billion purchase of Cradlepoint last …

Ericsson Acquires Cloud Firm Vonage in a $6.20B Deal Read More »

baidu company

Baidu Plans to Launch Driverless Robotaxis in 100 Cities

On Thursday, Baidu announced its plans to launch its driverless taxi service in 100 Chinese cities by 2030, ramping up its autonomous driving ambitions. At present, the Chinese internet giant operates its Apollo Go robotaxi service in five local cities. Interested users can hail an autonomous car via an application.  Subsequently, Baidu hopes to widen …

Baidu Plans to Launch Driverless Robotaxis in 100 Cities Read More »

microsoft windows logo

Microsoft Shifts to Annual Updates for Windows 10

On Wednesday, Microsoft Corporation announced that it would move to one annual update for Windows 10 instead of twice a year. Accordingly, this subtle yet significant shift would minimize the frustration that customers experience. In addition, the tech giant unveiled the Windows 10 November 2021 Update, better known as version 21H2. Consequently, this covers stronger …

Microsoft Shifts to Annual Updates for Windows 10 Read More »

Subscribe to Our Newsletters

Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.