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Chinese appliance maker Midea soars in Hong Kong after US$4 bn IPO

Shares in Chinese electronic appliance maker Midea closed nearly eight percent higher on its Hong Kong debut Tuesday, having raised around US$4 billi…

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Intel delays Germany, Poland chip factories for two years

Chip-making giant Intel on Monday said it was delaying its plans to build two mega chip-making factories in Germany and Poland as the company faces l…

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'A stab in the back.' How Elon Musk's decision to move X from San Francisco is stirring mixed emotions

When Elon Musk took over Twitter in 2022, it marked a new era for the struggling San Francisco company. As the deal neared completion, Musk, the ecc…

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US says Google saw ad startup as a 'threat'—and bought it

Google bought advertising technology provider AdMeld in 2011 because the search giant saw the startup as a "threat" to its online display ad strategy…

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