China's e-commerce and food delivery giants are reaping the benefits of an increasing number of consumers shopping online and businesses trying to digitize, a move accelerated by the coronavirus outbreak.
Over $50 billion of cryptocurrency moved from China-based digital wallets to other parts of the world in the last year, pointing to possibilities that Chinese investors are transferring more money than they are allowed to out of the country, a new report claims.
Last month, the U.S. government announced a letter of interest to provide Kodak with a $765 million loan to manufacture pharmaceutical ingredients. The deal is now on hold as the SEC investigates the circumstances around the loan's disclosure.
Microsoft hopes to keep widening its cloud infrastructure business by meeting public sector needs abroad while maintaining a tight collaboration with the Trump administration, according to people familiar with the matter.
TikTok is preparing to mount a legal challenge as early as Monday to President Donald Trump's executive order prohibiting transactions with the popular short video app and its Chinese parent ByteDance, according to people familiar with the matter.
Grinding out money through online surveys and other small gigs isn't easy, but some people have found a way to bring in extra cash at a trying time, NBC News reported.
Founded in 2003, Palantir has been among the most highly valued venture-backed companies with about $2.6 billion raised and a roughly $20 billion valuation five years ago during a fundraising round in 2015.
Tech companies have spent years and millions of dollars trying to diversifying their workforces. Still, an average of only 32% of employees at 10 major U.S. tech companies are women. Hispanic employees make up only 8%, Black employees represent only 7% and just 0.5% are Indigenous. These percentages do not represent the greater U.S. population. Why are tech companies still struggling to diversify their workforces and why is it important that they do so?
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