Google to pay out $150-200m over YouTube privacy claims: reports
WASHINGTON: Google will pay $150-200 million to settle allegations YouTube violated a children's privacy law while gathering data to better target its adverts,...
Bitcoin pulls back from brink of $50,000
SINGAPORE: Bitcoin pulled back from a record high on Monday and other cryptocurrencies slipped, as investors took profits from a record-breaking rally...
Israel and South Korea to sign free trade pact
JERUSALEM: Israel will sign a free trade agreement with South Korea this week, marking the first such arrangement with an Asian market,...
In pursuit of growth, Netflix “debt hole” deepens
San Francisco: Netflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error...
China passes export-control law following US moves
SHANGHAI: China passed a law restricting exports of controlled items, allowing the government to act against countries that abuse export controls in...
Chinese smartphone firms jazz up products, seize turf in home market from Apple
SHANGHAI: Smartphone retailers in China say it's a tough sell of late with consumers reluctant to upgrade, put off by chill economic...
Indian rupee touches record low as Asia markets tumble
HONG KONG: Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion...
Ally betrays Arif Naqvi, behind lawsuit against Abraaj
The UAE-based Jafar family, which controls a Sharjah-based congolmerate, had deep ties with Naqvi and the petition points to further cracks at Abraaj
Google enters global remittance market
ISLAMABAD: Google Pay tied up with Western Union and Wise to allow its US-based users to remit money to India and Singapore,...
Oil prices bounce back on tight inventories, demand worries limit gains
SINGAPORE: Oil rebounded from a weak start on Tuesday as worries over tight inventories underpinned prices, although optimism was limited by fears...
Strong US job growth highlights economy’s resilience
WASHINGTON: US job growth increased by the most in 10 months in November as former striking workers returned to General Motors’ payrolls...
Boeing CEO ousted as 737 MAX crisis deepens
WASHINGTON: Boeing Co has ousted Chief Executive Officer Dennis Muilenburg, following a year of intense scrutiny and industrial setbacks set off by twin...
Rebuffed by UK, US pitches ‘big tent’ for Huawei rivals in Europe
MUNICH: The United States is seeking to rally European support for competitors to Huawei Technologies following disappointment in Washington over Britain’s decision to...
EU-China ties important for pandemic-hit world economy
GUANGZHOU: A European Union (EU) business leader has expressed optimism for China's economic outlook and underscored the importance of EU-China ties as Covid-19 has cast a...
ByteDance’s bid to keep most of TikTok faces major hurdles
NEW YORK: China’s ByteDance faces an uphill struggle to convince the White House to allow it to keep majority ownership of its...