(Reuters) – Amazon.com Inc. is in preliminary talks to invest in U.S. cloud service provider Rackspace Technology Inc., people familiar with the discussion said Monday. PHILO PHOTO: Signage seen at an Amazon facility in Bethpage on Long Island, New York, USA, March 17, 2020. REUTERS / Andrew Kelly The deal …
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FILE PHOTO: The Oracle logo is displayed in an office building in Irvine, California, USA June 28, 2018. REUTERS / Mike Blake (Reuters) – Oracle Corp. has held preliminary talks with TikTok’s Chinese owner, ByteDance, and has seriously considered buying the app’s operations in the United States, Canada, Australia and …
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TAIZHOU, China / SHANGHAI (Reuters) – Chinese carmaker Geely plans to use a platform developed with input from Volvo to build new models in Malaysia for its partly owned Proton brand, a strategy that shows how it aims to accelerate its push to become China’s first global auto giant. Workers …
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NEW YORK / HONG KONG (Reuters) – Some investors in TikTok parent company ByteDance, seeking to take over the popular social media app, value it at around $ 50 billion, significantly more than its peers, like Snap. Inc (SNAP.N), according to people familiar with the matter. FILE PHOTO: Tik Tok …
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SHANGHAI / BEIJING (Reuters) – The global ambitions of Huawei Technologies founder Ren Zhengfei are marked in brick and mortar at a new company campus in southern China, where the buildings are replicas of European cities. FILE PHOTO: Employees are seen after a day of work at the new Huawei …
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