Technology

TikTok secures its future in the U.S. with agreement for new joint venture
TikTok has finalized a deal with Oracle and two other investors that will allow the popular social video platform to continue its business in the U.S.The deal, expected to...
TikTok says it signed agreements to create new US joint venture
TikTok says it signed agreements to create new US joint venture
TIKTOK chief executive officer Chew Shou Zi told employees that the social media app’s parent company, ByteDance, signed binding agreements to create a US joint venture majority-owned by American...
BNY to move Singapore offices to Marina One East Tower
BNY to move Singapore offices to Marina One East Tower
Investments into new spaces with better amenities are part of the bank’s transformation process that started in 2022[SINGAPORE] BNY is entering its next phase of transformation that bets big...
Why fintech firm Bilt is funding its own original series ‘Roomies’
At the Angelika Film Center in New York earlier this month, 115 people gathered around the theater’s big screen. But it wasn’t to watch a Hollywood film. They came...
Elliott takes over US billion stake in Lululemon: source
Elliott takes over US$1 billion stake in Lululemon: source
[VANCOUVER] Activist investor Elliott Management has amassed a stake of more than US$1 billion in Lululemon Athletica and is lining up a potential CEO candidate as it pushes to...
Hollywood stars launch Creators Coalition on AI
A group of entertainment industry workers launched a new coalition that aims to advocate for the rights of creators amid the growing AI industry.The group, called Creators Coalition on...
HSBC’s Elhedery to kick off 2026 with extended Hong Kong stint
HSBC’s Elhedery to kick off 2026 with extended Hong Kong stint
His temporary relocation is part of an effort to cut down on a hectic travel schedule[LONDON] HSBC Holdings staff in Hong Kong are about to see a lot more...
At a Silicon Valley summit, robots fold laundry—and investors open their wallets
Robots from around the world converged on Silicon Valley to provide a glimpse of a potential future.Two robots picked up T-shirts with orange-tipped claws, then neatly folded and piled...
Chip-sector linchpin Resonac seeks to tap China’s AI ambitions
Chip-sector linchpin Resonac seeks to tap China’s AI ambitions
Japan is home to a network of little-known companies that dominate in key materials that are indispensable for semiconductor manufacturing[HONG KONG] Semiconductor materials linchpin Resonac Holdings is eyeing solid...
Oil settles near five-year low amid ample supply, Russia-Ukraine progress 
Oil settles near five-year low amid ample supply, Russia-Ukraine progress 
[DENVER] Oil futures settled at their lowest level since February 2021 on Tuesday amid ongoing jitters surrounding oversupply and as the prospect of a Russia-Ukraine peace deal appeared to strengthen,...