Facebook, Twitter, Google Ordered By Vietnam To Store User Data Onshore And Set Up Physical Offices
As Vietnam tightens its cybersecurity rules, the government has asked tech companies to set up local offices and store users' data locally.
Canaan Misses Q2 Revenue As Bitcoin Price Slump, COVID Lockdown Weigh On The Business
Canaan Inc (NASDAQ:CAN) reported second-quarter FY22 revenue growth of 52.8% year-on-year to $246.7 million, missing the consensus of $257.7 million. Earnings…
NetEase Registers 13% Revenue Growth In Q2 Backed By Gaming Strength
NetEase, Inc (NASDAQ:NTES) reported second-quarter FY22 revenue growth of 12.8% year-on-year to $3.5 billion. Segments and margins: Games and related value-added services…
SAI.TECH Global Announced SAIHUB App Announces Support for Bitcoin Lightning Network
SAI.TECH Global Corporation ("SAI.TECH" OR "SAI" or the "Company", NASDAQ: SAI), a global energy-saving Bitcoin mining operator and a clean-tech company that integrates Bitcoin mining, heating, and power industries, announced that it has recently launched SAIHUB APP 1.1, which supports Bitcoin Lightning Network.
SAIHUB APP 1.1
China Commerce Ministry Said on U.S. Bill to Boost Chips, Some Provisions Restrict Normal Economic, Trade and Investment Activities of Relevant Enterprises in China; Will Take Forceful Measures to Safeguard Its Legitimate Rights When Necessary
-Reuters
https://www.reuters.com/technology/china-opposes-us-chip-act-take-measures-safeguard-rights-2022-08-18/
Tesla Model Y Delivery Wait Time Shortened In China: Here’s How Soon It Could Get Delivered
Tesla Inc. (NASDAQ: TSLA) has reduced the delivery wait time for its Model Y in China to four-to-eight weeks, Reuters reporte
Coinbase Insider Trading Issue Bigger Than It Appears, Study Says
The insider trading issue at Coinbase Global Inc (NASDAQ: COIN) is bigger than what was originally perceived, a new academic study has suggested.
Is Apple ‘The Perfect Stock To Own In An Economic Downturn’? Here’s How High This Investor Sees It Going
Apple Inc (NASDAQ: AAPL) shares are on the move Wednesday following a pair of upgrades from analysts who see strong demand trends in the hardware side of the business.
Analysts Remain Cautious On Tremor Despite Its Tailwinds, Cut Price Target By 15%
Analysts cut their estimates and price targets on Tremor International Ltd (NASDAQ: TRMR) over a softer outlook amid a challenging macro environment.
Analysts Expressed Optimism Over Autodesk’s Upcoming Results Citing Robust Demand, Digitization, Easing Macros
Mizuho analyst acknowledged that several significant large-cap software vendors are due to report July quarter results over the next few weeks. Following an extended sell-off, software and the broader market have significantly rallied in recent weeks.