Category: Technology

A group of Amazon.com Inc. employees plans to march in Seattle’s Pride Parade on Sunday to protest the online retailer’s sale of books they consider anti-transgender—an action that threatens to erode the company’s image as an inclusive employer. In recent months, several hundred staffers have been pushing the e-commerce giant to ban books like “Irreversible […]

Ether and Bitcoin reached their highest levels in 10 days on Sunday as the market showed some signs of stabilization. The No. 2 cryptocurrency advanced as much as 5.8% to $1,279.06 on Sunday before pulling back on Monday morning Asia time. The rally comes after the token dropped as low as $880.70 on June 18. […]

New Zealand is trumpeting its role in a plan to return humans to the Moon, saying it is set to star in NASA’s Capstone mission that will test the orbit for a lunar space station. Rocket Lab has announced it will launch a satellite from Mahia, New Zealand, to test the lunar orbit for Gateway, […]

Taiwan’s industrial sector, including the world’s largest contract chipmaker, will be hit with the island’s first power price increase in four years as the state-owned utility grapples with soaring fuel costs. About 22,000 large industrial users will pay 15% more for high voltage and ultra-high voltage electricity, the Ministry of Economic Affairs said in a […]

Prosus NV is planning to sell more of its $134 billion stake in Chinese internet giant Tencent Holdings Ltd. to finance a buyback program, reversing a pledge to hold onto the full shareholding. Tencent declined in Hong Kong on Monday as investors pondered the extent to which Prosus, the Chinese company’s biggest shareholder, will unload […]

The wipeout in Bitcoin may have run its course, a range of technical indicators suggest. Momentum measures and insights from options bets signal ebbing selling pressure and a possible trading range of $20,000 to $25,000 — though the usual caveats apply about the mercurial nature of cryptocurrencies. The largest digital token has slumped about 70% […]

Pakistani ride-sharing and delivery startup Bykea raised $10 million from its existing backers to tap rising demand for online services in the South Asian country. Bykea, which focuses on two-wheeler rides, said in a statement Monday it plans to use the funds to extend its services, which include food and e-commerce deliveries, as well as […]