Technology

Valuations of Chinese unicorns have fallen below levels reached in the firms' most-recent fundraising rounds, secondary market offerings by existing investors show, highlighting the strain on backers amid the coronavirus outbreak and volatile markets.

Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by Reuters.

Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new $1 billion loan just days after closing a $1 billion debt deal, the company said on Tuesday.

U.S. electric vehicle maker Tesla Inc's China car registrations jumped 450% in March, month on month, data from auto consultancy LMC Automotive showed.

Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new $1 billion loan just days after closing a $1 billion debt deal, sources told Reuters on Tuesday.

Amazon.com Inc said on Tuesday it had fired three critics of the company's pandemic response for workplace violations, dismissals that drew sharp words from U.S. Senator Bernie Sanders and a labor coalition.

Glade Brook Capital Partners LLC, the venture capital firm led by Paul Hudson, is pitching a new fund to investors targeting the debt of private technology companies impacted by economic disruption from COVID-19.

Washington state's attorney general filed a second lawsuit against Facebook Inc over political ads on Tuesday, saying the social media giant once again failed to make disclosures required under the state's campaign finance laws.

NBCUniversal's long-awaited streaming service, Peacock, will launch free to some Comcast Corp customers on Wednesday with a limited slate of new content, as productions for its original programming have been halted amid the global coronavirus pandemic.

The British government should seek every mechanism to prevent the removal of the technology base of Imagination Technologies to China, including seeking a Western buyer for the company, British lawmaker David Davis said on Tuesday.

Apple Inc said on Tuesday it would release data that could help inform public health authorities on whether people are driving less during lockdown orders to slow the spread of the new coronavirus.

Britain's biggest free-to-air broadcaster ITV came under fire on Tuesday after one of its leading presenters said no one knew whether a conspiracy theory that 5G masts help spread the novel coronavirus was true or not.

Standard Chartered Plc is the first major global bank to tell employees not to use Zoom Video Communications Inc during the coronavirus pandemic due to cybersecurity concerns, according to a memo seen by Reuters.

A global race is on to develop smartphone apps and other types of mobile phone surveillance systems to track and contain the spread of the novel coronavirus.

Europe should not cede its sovereignty to Silicon Valley when it comes to using technology to help trace those at risk of coronavirus infection, the German developers of a smartphone app said on Tuesday.

A global race is on to develop smartphone apps and other types of mobile phone surveillance systems to track and contain the spread of the novel coronavirus.

Autodesk Inc on Tuesday said it would take a minority stake in a Texas company that makes software for planning and building infrastructure projects such as roads and bridges.

Amazon.com Inc said on Tuesday it terminated two employees, who criticized the working conditions at the e-commerce giant's warehouses in the wake of the coronavirus pandemic, for "repeatedly violating internal policies".

Lightspeed Venture Partners said on Tuesday it raised more than $4 billion for three new funds to support early and growth stage entrepreneurs even as the coronavirus outbreak threatens the global economy.

Cisco Systems Inc on Tuesday launched a $2.5 billion financing program that lets its customers defer 95% of payments until 2021, giving companies additional leeway at time when some are facing a cash crunch but also need more remote-work tools.