Saudi Arabia orders state oil giant Aramco to drop new drilling investment in major U-turn, sparking questions over demand peak
Saudi Aramco abandoned a plan to boost its oil output capacity, a huge reversal that will raise questions about the…
Saudi Arabia’s oil giant Aramco says it will not increase maximum daily production on state orders
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s oil giant Saudi Aramco said Tuesday it will not try to increase…
TikTok tests feature to make every post shoppable as social media giant moves to create multibillion-dollar e-commerce business
TikTok is testing a feature that could make all posts shoppable, the social media company’s latest move to create a…
Giant Crypto Exchange Alerts Users After $11M Token Hack
Over the weekend, South Korean Karaoke service SOMESING suffered a hack that stole hundreds of millions of SSX tokens. This…
French TV giant sticks with Dell NAS for channel upgrade
It saved 42% in energy costs, 50% in datacentre rackspace and got 4.5PB where previously it had 3.5PB in…
First Spot Bitcoin ETF Filed By Chinese Giant In Hong Kong
In a groundbreaking development for the crypto sector in Hong Kong, Harvest Fund Hong Kong, a prominent player among China’s…
China’s property giant Evergrande ordered to liquidate as debt talks fail | Economy
DEVELOPING STORYDEVELOPING STORY, Hong Kong court orders developer to wind up after finding company has no viable restructuring plan.China’s troubled…
MacKenzie Scott trims Amazon stake by $10B, philanthropist now owns about 1.9% of tech giant: ‘I have a disproportionate amount of money to share’
MacKenzie Scott unloaded 65.3 million shares in Amazon.com Inc. last year, or about a quarter of her stake in the company, according to…
Europe has an AI champion—the Dutch semiconductor giant that is the continent’s most valuable tech firm and just hit a record high
ASML Holding NV’s rally to a record high this week illustrates how the chip equipment firm is cementing its place at the…
Terraform Labs Caves In: Crypto Stablecoin Giant Files For Bankruptcy In US
In a stunning turn of events, the TerraUSD (UST) stablecoin project and its creator, Terraform Labs, find themselves grappling with…