Alibaba Group HoldingLtd. said it would reorganize its e-commerce teams and appointed a new chief financial officer. The tech giant faces increasing competition in China, slowing growth and a plummeting stock price.
European Union (EU) regulators said on Saturday that metaplatform social media sites Facebook and Instagram will be investigated for allegedly violating online content rules related to child safety risks. The investigations could lead to hefty fines, according to the company.
In a regulatory filing, chip design software maker Synopsys said that the State Administration of Market Regulation (SAMR) will require regulatory approval before it can proceed with its acquisition of Ansys.
A British consortium, with funding from the UK government, has successfully tested what it calls "un-jammable" quantum navigation technology in flight.
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