Alibaba vows to hike spending after first loss since 2012
Jack Ma’s flagship e-commerce firm swung to a 5.5 billion yuan ($852 million) net loss after the company swallowed a $2.8 billion fine for monopolistic behavior imposed by Beijing.
Toshiba unit in Europe hit with ransomware; group to undergo strategic review
The attack, by the same hacking group said to be involved in the Colonial Pipeline attack, overshadowed an upbeat profit forecast and a strategic review announcement.
Arrivals to Japan worry that flawed tech shows them as violating quarantine
Some have experienced problems with reporting their location or health condition during their self-isolation, and foreign violators can even have their residence status revoked.
SoftBank sues Rakuten and former staffer alleging use of leaked 5G tech
SoftBank is demanding Rakuten suspend and scrap their 5G base stations, amid intensifying competition in Japan's telecommunications sector.
Nintendo warns chip crunch may hit Switch amid gaming boom
Nintendo’s better-than-expected results, released Thursday, suggest the COVID-19-era growth in gaming that turned Animal Crossing into the world’s online town hall has legs.
Apple users are ‘trapped’ in App Store, Epic says at trial
Meanwhile, the iPhone maker accuses the creator of Fortnite of a "fundamental assault" on a business model that has enriched millions of developers.
Samsung windfall gives richest South Korean woman $7 billion fortune
Hong Ra-hee boosted her fortune after receiving billions of dollars in stocks in the much-awaited transfer of her husband’s assets.
Sony strikes deal to get Discord onto PlayStations next year
The move could potentially connect more than 140 million gamers to the Japanese technology giant's growing console ecosystem.
Germany has boomed on the back of globalization, but now the worldwide web of supply chains that turbo-charged its economy could prove to be a critical weakness.
Next major war will be 'very different,' U.S. defense secretary says
Defense Secretary Lloyd Austin called for harnessing technological advances and better integrating military operations globally to "understand faster, decide faster and act faster."
China reins in tech giants’ finance arms after hobbling Ant Group
China has waged a campaign to rein in its internet titans, as the government has grown increasingly concerned over their growing influence over every aspect of Chinese life.
