Spain’s largest mobile operator, MasOrange, partly owned by France’s Orange, plans to cut up to 795 jobs, or around 10% of the workforce. The company, which resulted in a merger between Orange’s local unit and Spanish rival MasMovil, has more than 30 million mobile customers.”Since ...
TikTok Social media app TikTok, owned by tech giant ByteDance, laid off 60 advertising and sales workers this month, as part of a routine reorganization, according to the company. Amazon-owned companies The Amazon-owned audiobook and podcast service Audible slashed 100 employees, or 5% of its w...
15 companies broke into the Hurun Top 100 this year, led by energy giantConoco Philipsup 142 places to 55th place, after seeing its value double to US$158bn. Elon Musk-ownedSpaceXmoved up 134 places to 81st.Weapons makers Raytheon Company and Lockheed Martinsaw their values up after the ...
(OTC: TCEHY) has acquired about 40% of the gaming and graphics company, it's still majority-owned by its founder and game developer Tim Sweeney. Although the company's popular video game Fortnite is the reason most people might know of Epic Games, its biggest asset is actually the ...
It also reflects the party's view that data are "public goods" that should not be singularly owned by Tencent and Alibaba. The government is not alone in castigating these tech incumbents. The public backlash against China's monopolistic tech firms over the past few...
Unicorn companies are privately-owned, venture-backed startups worth at least$1 billion, and are therefore not publicly traded on normal stock markets. In this chart created byTrendline, we look at the world’s highest-valued unicorn companies, based on data fromCB Insightsas of June 1, 2024...
Chinese vendors are already making their mark in overseas markets, with over a dozen providers offering basic cloud services. In addition to state-owned companies like Ctyun and eCloud, private cloud service providers such as Kingsoft Cloud, UCloud, and Global Data Solutions have also devised over...
Founded in March 2012, it is one of the earliest technology companies that applied artificial intelligence to mobile Internet scenarios. Among Internet companies, ByteDance has become the biggest dark horse, with a valuation of US$400 billion!
ByteDance's Subsidiary Dongchedi to Operate Independently, Sources Say ByteDance has established another wholly owned subsidiary Dongchedi. Jan 11, 2024 06:12 PM Briefing May 18, 2022 01:45 PM · Technology | Consumer Staples | Industrials The power sector moved up Briefing Apr 18, 2022 05:44...