Category: Business News

Facebook and Instagram’s parent company Meta said revenue fell 4% in the three months from July through September compared to a year earlier. The announcement caused shares to plunge on…

South Korean electronics giant Samsung has named heir and de facto boss Lee Jae-yong as its executive chairman. The symbolic move means the world’s biggest smartphone maker will now be…

Red Bull co-owner Dietrich Mateschitz, a major global business figure as a result of his energy drinks empire, has died aged 78. Mateschitz was the driving force behind the establishment…

Supply shortages, logistics bottlenecks and rising costs are hitting Tesla as it rapidly ramps up production of its electric cars. While the problems have improved in recent months, they remain…

TikTok is raising its minimum age for livestreaming from 16 to 18 from next month. A BBC News investigation found hundreds of accounts going live from Syrian refugee camps, with…

The co-chief executive of Kakao, the company behind South Korea’s largest mobile messaging app, has resigned after a massive outage at the weekend. Namkoong Whon told a news conference that…

Indian authorities have fined Google 13bn rupees ($161m; £144m) for using its Android platform to dominate the market. The country’s competition regulator has accused the tech giant of entering into…

Colombia has increased its cultivation of coca plants – the main ingredient in the illegal drug cocaine – by 43%, a new UN report says. Last year the area of…

Swedish technology start-up Roam has begun piloting electric buses in Nairobi, Kenya. The company will for the next 12 months provide commuter services between the central business district and the…

Actress Anna May Wong is set to become the first Asian American to be featured on US currency. She will appear as part of an effort to feature notable women…