Big Red sees red: Oracle sues over deployment of database-ware in AWS cloud
Big Red's lawyers are at it again. Fresh from having lost a copyright case against Google at the Supreme Court last month, Oracle now has its sights set on Envisage...
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AXA faces ransomware demand after suspending ransom coverage to victims
An AXA subsidiary in Asia must decide whether to pay a ransom demand to cybercriminals...
TSMC trumps IBM’s “2nm” chip tech hyperbole with “1nm” claim
Taiwan Semiconductor Manufacturing Company (TSMC), the National University of Taiwan (NTU) and Massachusetts Institute of Technology (MIT) have jointly announced...
CEO Interview: The specialist ecommerce player squaring up to Amazon
Diehard sport fans don't shop at Amazon, according to SIGNA Sports CEO Stephan Zoll. Instead, they go to specialist retailers...
Stellantis bets on Foxconn for Chinese renaissance
As individuals, the two groups that merged to create Stellantis – FCA and PSA – were pioneers in China's nascent...
Chinese government to ride-hail firms: You will not oppress your workers
Chinese authorities have tightened scrutiny on ten ride-hailing platforms, including Didi Chuxing and Meituan, urging them to charge commissions more fairly and transparently. This is the latest step in Beijing’s…
Gojek and Tokopedia merge to become Indonesian powerhouse GoTo
Ride-hailing and payments company Gojek has completed a merger with ecommerce firm Tokopedia, creating a new Indonesian technology powerhouse called GoTo Group. The $18bn merger makes GoTo the largest technology…
Irish health system fights off one ransomware attack, succumbs to another
Investigators thwarted a second ransomware attack against the Irish health system after the Department of Health (DoH) deployed security tools blocking malware from encrypting its files. The DoH said it…
Pine Labs triples valuation on the back of $285m funding round
Merchant commerce platform Pine Labs has tripled its valuation over the past year after announcing the first close of its $285m funding round that pushed its valuation to $3bn. The…
Your IPO is out for delivery: JD Logistics readies for $3.4bn Hong Kong debut
JD Logistics, the delivery arm of Chinese ecommerce giant JD.com, is planning to float on the Hong Kong Stock Exchange (HKEX). The company seeks to raise as much as 26.4bn…
Open banking provides Big Tech with lush fintech opportunities
Banks should be worried. For over a century, traditional lenders enjoyed a state of comparative safety, only concerning themselves with competition from other banks. Then the fintech revolution happened at…
