Business

Alibaba says to hire this year, refuting layoff rumours

Alibaba Group Holding Ltd (9988.HK) said it planned to hire 15,000 people this year.

May 26, 2023 6:30 am
 

Business

Facebook owner Meta slashes business teams in final round of layoffs

Meta Platforms, owner of Facebook, slashed jobs across its business and operations units as it carried out its last batch of a three-part round of layoffs, part of a plan announced in March to eliminate 10,000 roles.

May 25, 2023 10:43 am
 

Business

HSBC puts global footprint under fresh scrutiny, considers dozen exits

HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Financial Officer Georges Elhedery told Reuters in his first interview since taking the role.

May 25, 2023 8:43 am
 

Business

Biden administration backs Google in song lyrics case at Supreme Court

The Biden administration’s U.S. solicitor general said that the U.S. Supreme Court should not review a ruling won by Alphabet’s Google LLC (GOOGL.O) against song-lyric website Genius over Google’s alleged copying of Genius’ lyric transcriptions.

May 25, 2023 7:24 am
 

Business

Focus on the future with sincerity: Singh

The bitterness of the past should not be a beacon for the future.

May 25, 2023 5:25 am
 

Business

FDB to introduce insurance for MSME’s

In a bid to mitigate the risks faced by micro, small, and medium enterprises, the Fiji Development Bank is considering the introduction of insurance coverage.

May 24, 2023 12:30 pm
 

Business

PAFCO anticipates record year

Pacific Fishing Company Pte Limited is anticipating another record year despite a slow start.

May 24, 2023 12:25 pm
 

Business

Microsoft beefs up ChatGPT and Bing in wide-ranging AI product launch

Microsoft Corp started making available to users a host of AI upgrades, including ChatGPT, its search engine Bing as well as cloud services – an expansive launch that seeks to narrow the gap with Alphabet Inc’s (GOOGL.O) Google.

May 24, 2023 10:45 am
 

Business

Netflix expands password sharing crackdown around the world

Netflix expanded its crackdown on password sharing to the United States and more than 100 other countries, alerting users that their accounts cannot be shared for free outside their households.

May 24, 2023 9:23 am
 

Business

Apple inks multi-billion-dollar deal with Broadcom for U.S.-made chips

Apple said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc (AVGO.O) to use chips made in the United States.

May 24, 2023 7:20 am
 

Business

Beekeepers equipped with industry skills

Beekeepers from across the Pacific are taking part in a weeklong meeting in Fiji for the inaugural Pacific Islands Beekeeping Congress.

May 24, 2023 5:53 am
 

Business

Boat operators benefit from GCC meeting

The Great Council of Chiefs has greatly helped boat operators in the last few months of preparation until today.

May 23, 2023 4:35 pm

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