Not many people know that there is more to owning a car with the best safety features. So, what happens when they encounter an unfortunate event such as a breakdown or an accident? After calling relevant authorities and ensuring that everyone is safe, your first stop should always be to contact your authorised car dealer. …
Amazon.com Inc (AMZN.O) owned Whole Foods Market opened its first delivery-only store in Brooklyn, New York on Tuesday, as the e-commerce giant looks to take greater advantage of a coronavirus-induced surge in online grocery shopping. Amazon said it hired hundreds of employees to work at the new store, which will deliver to customers only in…
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China’s new rules around tech exports mean ByteDance’s sale of TikTok’s U.S. operations could need Beijing’s approval, a Chinese trade expert told state media, a requirement that would complicate the forced and politically charged divestment. ByteDance has been ordered by President Donald Trump to divest short video app TikTok in the United States amid security…
U.S streaming giant Netflix is ramping up its mobile-only subscription plans in Southeast Asia and expanding local content, senior executives told Reuters, just as arch-rival Disney arrives in the fast-growing market. The world’s biggest video streaming platform by paid customers, Netflix told Reuters more than a million of its nearly 200 million subscribers around the…
China’s Tencent Music Entertainment Group (TME.N) beat Wall Street estimates for quarterly revenue on Monday, as a wider content library led to a surge in paid subscribers for the company’s music streaming service. The company has signed multiple partnerships with international and domestic music labels to expand its premium user base. On Monday, it also…
Visitors to Universal Studios in Singapore will now have to pass through facial recognition scanners to enter the park, in the city-state’s latest foray with a technology that has stoked privacy concerns. Resorts World Sentosa (RWS), which owns the sprawling area of tourist attractions, hotels and restaurants in which the park sits, said the scheme…
Traveloka, Southeast Asia’s largest online travel app, announced on Tuesday it had raised $250 million to help bolster its operations amid the coronavirus crisis, and as domestic travel starts to pick up in the region of 650 million people. The eight-year-old startup said its funding round was led by a “global financial institution” and included…
Hyundai Motor Co, an early backer of hydrogen cars, has watched the electric rise of Tesla, including on its home turf. Now’s it’s going on the offensive in the battery-powered market led by its U.S. rival. The South Korean company plans to introduce two production lines dedicated to electrics vehicles (EVs), one next year and…
In August, a robot vaguely resembling a kangaroo will begin stacking sandwiches, drinks and ready meals on shelves at a Japanese convenience store in a test its maker, Telexistence, hopes will help trigger a wave of retail automation. Following that trial, store operator FamilyMart (8028.T) says it plans to use robot workers at 20 stores…
Streamlining anti-money laundering checks, longer central bank opening hours and linking national systems would cut cross-border payment costs, global regulators said on Monday. Payments have come under the spotlight since Facebook (FB.O) proposed its Libra digital stablecoin, prompting central banks to think about launching their own digital currency. A report by the Committee on Payments…
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