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Updated: 46 min 51 sec ago

Alibaba to pioneer paperless listing in break with Hong Kong norm

1 hour 7 min ago
Alibaba's planned $13.4 billion share sale will be Hong Kong's first paperless stock market listing, a source with knowledge of the matter said, breaking with a long-held tradition of investors placing stock orders in bank branches.

Alibaba goes paperless for $13.4 billion listing in a first for Hong Kong: source

2 hours 18 min ago
Alibaba Group will carry out Hong Kong’s first paper-less stock market listing with its $13.4 billion share sale, according to a source with knowledge of the matter, ending the long-held tradition of Hong Kong investors queuing in bank branches to place stock orders.

German automation talent powers Musk's battery move to Europe

4 hours 53 min ago
To unclog bottlenecks last year at his Tesla Inc plant in California, Elon Musk flew in six planeloads of new robots and equipment from Germany to speed up battery production for its Model 3.

Icahn takes stake in HP, pushes for merger with Xerox: WSJ

5 hours 59 min ago
Activist investor Carl Icahn has bought a $1.2 billion stake in HP Inc and is pushing for the personal computer maker's merger with printer maker Xerox Corp , arguing that a union could yield big profits for investors, the Wall Street Journal reported on Wednesday.

Warren lashes out at Goldman over Apple Card bias claims: Bloomberg

6 hours 50 min ago
U.S. Senator Elizabeth Warren questioned Goldman Sachs's response to allegations of bias in how the bank evaluates applicants for Apple Inc's credit card, suggesting it should pull down the algorithm if it cannot be explained, Bloomberg reported on Wednesday.

Love of cash hinders India's move to digital economy

9 hours 30 min ago
India's dependency on cash may slow the country's transition to digital payments despite large numbers of internet and mobile phone users.

Uber launches new safety features in UK as it fights for new license

11 hours 5 min ago
Uber launched a set of new safety features in Britain on Thursday as it battles to retain its taxi operating license in the face of concerns about passenger safety.

WeWork losses widen to $1.25 billion amid record office space expansion

11 hours 9 min ago
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter more than doubled to $1.25 billion as the money-losing shared-office operator added a record number of desks to its global network but was unable to control rising costs.

Cisco forecast disappoints as global worries weigh on client spending

11 hours 10 min ago
Cisco Systems Inc on Wednesday forecast second-quarter revenue and profit below expectations as increasing global economic uncertainties kept clients away from spending more on its routers and switches.

Key antitrust lawmaker frustrated with Google's Fitbit deal

11 hours 26 min ago
Lawmakers pressed top U.S. antitrust enforcers on their probes of tech giants Alphabet's Google , Facebook , Amazon and Apple on Wednesday, with the chair of a House subcommittee expressing frustration over the companies' continued acquisitions.

U.S. Senate to hold November 20 hearing on testing, deployment of self-driving cars

12 hours 3 min ago
The U.S. Senate Commerce Committee will hold a Nov. 20 hearing on the testing and deployment of self-driving vehicles that will include top U.S. safety officials, as Congress has struggled to pass legislation on autonomous vehicles.

WeWork third-quarter losses widen to $1.25 billion as expansion ramps up

12 hours 14 min ago
The We Company, owner of WeWork, said on Wednesday net losses in the third quarter widened to $1.25 billion from $497 million a year earlier as its money-losing shared-office business doubled in size with a record number of desks added to its network.

Apple Watch detects irregular heartbeats in U.S. study

13 hours 2 min ago
Apple Inc's Heart study, the largest yet to explore the role of wearable devices in identifying potential heart problems, found the device could accurately detect atrial fibrillation, the most common type of irregular heartbeat, U.S. researchers reported on Wednesday.

Peloton exploring apps for Amazon Fire TV, Apple Watch: Bloomberg

13 hours 29 min ago
Peloton Interactive Inc is exploring apps for Amazon.com Inc's Fire TV and Apple Inc's Watch, Bloomberg reported on Wednesday, citing people familiar with the matter.

Cisco second-quarter forecast disappoints; shares fall

13 hours 33 min ago
Cisco Systems Inc on Wednesday forecast second-quarter revenue and profit below estimates as the network gear maker struggles to shift to a software-focused company from its business of selling routers and switches, sending shares down 4%.

Chicago mayor rejects Uber's alternative tax proposal

13 hours 41 min ago
Chicago's mayor on Wednesday rejected an alternative proposal by Uber Technologies Inc to tax ride-hailing services, accusing the company of trying to resist any type of regulation by stirring up racial tensions.

Google Pay to offer checking accounts through Citi, Stanford Federal

13 hours 46 min ago
Alphabet Inc's Google said on Wednesday it will offer personal checking accounts next year through its Google Pay app, initially in partnership with Citigroup Inc and a small credit union at Stanford University.

Google Pay to offer checking accounts through Citi, Stanford Federal next year

15 hours 4 min ago
Alphabet Inc's Google said on Wednesday it will offer personal checking accounts next year through its Google Pay app in partnership with Citigroup Inc and a small credit union at Stanford University.

Amid privacy backlash, China's DJI unveils drone-to-phone tracking

15 hours 22 min ago
China's DJI, the world's largest commercial drone maker, said on Wednesday it is developing technology that would allow the public to track the registrations of drones in flight using just a smartphone, amid a broader industry push to make such data available.

Rappi failed to comply with regulatory orders, Colombia says

15 hours 35 min ago
Popular on-demand delivery app Rappi faces a new probe in Colombia after allegedly failing to comply with regulatory orders to improve its response to customer complaints, the country's commerce watchdog said on Wednesday.

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