The $69 billion acquisition by Microsoft of gaming behemoth Activision ATVI.O is expected to result in two court battles with US antitrust officials in the coming weeks.   The purchase deal has a termination date of July 18, but such dates can be extended and sometimes are, so Microsoft has...

On Friday, Chinese President Xi Jinping spoke with Bill Gates about the worldwide expansion of artificial intelligence and expressed his support for American companies like Microsoft bringing their AI technology to China, according to two persons familiar with the conversation.   During...

In negotiations to sell itself for over $6 billion, English football club Manchester United is considering providing exclusivity to the consortium led by Qatar's Sheikh Jassim bin Hamad al-Thani, sources familiar with the situation said.   Although a transaction is still doubtful, the...

According to the chief executive of the Indian e-bike rental startup Yulu, which is attempting to go public, the company intends to become operationally profitable by September and has plans to increase its presence both in India and beyond.   Over the next 15 months, the firm, which is...

Sweden's H&M announced second-quarter sales that were steady in local currency on Thursday, slightly underperforming expectations as exceptionally chilly weather restrained demand.   After H&M warned already in late March that cold weather in many important regions was reducing...

As it doubles down on the region amid increasing international scrutiny over its data security, China's ByteDance, the owner of the short video app TikTok, announced on Thursday that it would invest billions of dollars in Southeast Asia over the coming years.   Southeast Asia, which has a...

In order to expand its home improvement services and give routine client inquiries to Billie, an artificial intelligence bot, IKEA is training call centre employees to become interior design consultants.   Following earlier launches in several regions of Europe, Australia, the United Arab...

According to experts and vendors, General Motors has hinted in a recent spate of statements on plant retoolings that it intends to keep producing its largest and most lucrative combustion trucks and SUVs for an additional 10 to 12 years than initially anticipated.   Before switching totally...

The largest cloud computing service of the world, Amazon Web Services (AWS), is considering deploying new artificial intelligence chips from Advanced Micro Devices Inc., even though no final decision has yet been arrived at by the company, said a Reuters report quoting information from am AWS...

According to a deal announced on Thursday, General Motors will join Ford in adopting Tesla's North American charging plug standard and grant GM electric vehicle purchasers access to the Tesla Supercharger network.   Three of the main EV vendors in the North American market have now agreed on...

Between April 8, 2022, and March 31, 2023, Taiwan-based computer manufacturer Acer shipped at least $70.4 million worth of computer gear to Russia, according to customs records obtained by Reuters after the company said it would halt operations there.   Despite not being against the law,...