Analysis: Huawei spent $22.1B, or 22.4% of its revenue, on R&D in 2021, seeking to sidestep US sanctions; Meta invested 20.9% into R&D, far above its US peers — Few companies devote more of their revenue to research than Huawei Technologies Co., for which developing new technologies …
Sources detail how Elon Musk's Twitter bid succeeded: Morgan Stanley gathering support for $25.5B in loans, overcoming initial shareholder doubts, and more — Tesla boss convinced Wall Street sceptics to back his $44bn takeover offer — Just 12 days ago, some of the most experienced operators …
Fidelity will let retirement savers put bitcoin into their 401(k) accounts starting later in 2022, the first major retirement plan provider to do so — Investment giant's move could send cryptocurrency investing further into mainstream if employers decide to offer option
SonarSource, which helps companies detect reliability and vulnerability issues in code, raises $412M co-led by Advent and General Catalyst at a $4.7B valuation — Maintaining source code is one of the toughest challenges that software developers face. In a 2020 survey from Sourcegraph …
Sources: Tencent-controlled Chinese video game streaming service Huya, which rivals DouYu, will lay off hundreds of staff; Huya had 2,075 employees in 2020 — Chinese video game streaming site Huya (HUYA.N) has started laying off staff, three sources close to the matter said …
Source: Twitter could reach a deal with Elon Musk for a takeover at $54.20 per share as soon as today; Twitter stock jumps ~4% — Twitter is in the final stretch of negotiations about a sale to Elon Musk, a person with knowledge of knowledge of the matter said, Bloomberg News reports.
Apple, Amazon, and Google have turned to old union-busting tactics, like surveilling workers suspected of organizing, posting propaganda, and hiring consultants — Tech companies are facing increasing momentum from workers trying to organize — At a Staten Island warehouse set to start …
Oracle patches a critical bug in Java 15 and above, which lets attackers forge TLS certificates and signatures, two-factor authentication messages, and more — A failure to sanity check signatures for division-by-zero flaws makes forgeries easy. — Organizations using newer versions …
Sources: Twitter's board met Sunday to discuss Elon Musk's bid, which is being considered more seriously after Musk's filing detailed $46.5B in financing — Twitter's 11-member board met on Sunday morning to discuss Mr. Musk's offer to buy the company and take it private. — Give this article- - - Read in app
Reliance Industries calls off its $3.4B acquisition of core parts of Indian retail chain Future Group, following Amazon's legal fight against the deal — Reliance Industries “cannot implement” its $3.4 billion deal to acquire core parts of retail chain Future Group after the latter's secured …
Robotaxi startup Pony.ai announces that it has received a license to operate 100 self-driving cars as traditional taxis in the Chinese city of Guangzhou — - Self-driving start-up Pony.ai announced Sunday it received a taxi license, the first of its kind in China.
What to expect for iPhone 14: 48MP wide-angle camera, pill-shaped and circular cutouts instead of a notch, and an A16 for Pro models, a larger 6.7" 14 Max — Even though it may feel like the iPhone 13 just went on sale, the iPhone 14 launch is less than six months away.
Stacy Cowley / New York Times : The US Treasury says Robinhood and BNY will work with the federal government to handle tax-sheltered “Tru...
