Latest Technology News and Reviews

Technology

Yahoo Finance brings you the latest news and expert analysis of the biggest companies and trends in technology.

Alibaba, E-Mart to Create $4 Billion E-Commerce JV in Korea

(Bloomberg) -- Alibaba Group Holding Ltd. agreed to form a joint venture for its South Korean operations with E-Mart Inc.’s e-commerce platform to better compete in the country’s fast-paced online retail sector.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayAliExpress International and Gmarket are creating a 50-50 JV, according to a stock exchange filing by E-Mart which confirmed a report by Bloomberg News. The companies plan to make further investments in th

Bloomberg 7 hours ago

BABA

From Microsoft to Nvidia, the AI agents are coming in 2025

Big Tech will lean heavily into AI agents in 2025. And if the technology works as promised, it could make some tedious tasks a lot easier.

Oil prices ease as markets weigh China stimulus hopes

NEW YORK (Reuters) -Oil edged lower on Thursday in light holiday trade as the dollar's strength offset hopes for additional fiscal stimulus in China, the world's biggest oil importer. Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, Reuters reported on Tuesday, citing two sources, as Beijing ramps up fiscal stimulus to revive a faltering economy. "Injecting a stimulus into a nation's economy creates increased demand, and increased demand pushes prices higher," said Tim Snyder, chief economist at Matador Economics.

Salesforce Stokes Veeva Fight by Snagging Drug Customers

(Bloomberg) -- Salesforce Inc. says it’s taking multiple large customers from former partner Veeva Systems Inc. in a mounting rivalry to sell software to the pharmaceutical industry. Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayMore than 40 customers, including a “top three global pharma leader,” have inked deals to use Salesforce’s soon-to-launch life sciences product, said Jeff Amann, executive vice president of Salesforce’s industry-specific software lin

China's WuXi to sell Advanced Therapies unit amid US restrictions

The U.S. House of Representatives had passed a bill in September which would prohibit federal contracts with targeted firms and those that do business with them. The bills are designed to keep Americans' personal health and genetic information from foreign adversaries and aim to push U.S. pharmaceutical and biotech companies to lessen their reliance on China for everything from drug ingredient manufacturing to early research. WuXi said it would also sell Oxford Genetics, the UK-based operating entity of the WuXi ATU business to Altaris LLC.

Nvidia dominated 2024 big-time. Next year? Plenty of challenges.

Nvidia dominated 2024, and 2025 is looking just as good. But there's turbulence on the horizon.

Chinese Data Center Operator Yovole Is Said to Consider US IPO

(Bloomberg) -- Yovole is considering an initial public offering in the US, people familiar with the matter said, years after the Chinese data center operator’s failed attempt to list in mainland China.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe company, which is backed by Beijing-based alternative asset manager CDH Investments, is working with an adviser on a potential first-time share sale that may help it raise more than $100 million, the people said

TSMC Shares Touch Record High, Eying Best Year Since 1999 on AI

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. shares touched a record high, as the world’s largest contract chipmaker is poised to cap its best annual stock performance in 25 years.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe stock climbed as much as 1.4% in Taipei on Tuesday, briefly surpassing its November 8 peak, before erasing the gain to end flat. The move came after US chip stocks including key customer Nvidia Corp. rallied overnight. TSMC

CATL Unveils Chassis It Says Can Withstand Fires From Crashes

(Bloomberg) -- Contemporary Amperex Technology Co. Ltd. unveiled a new car chassis with an integrated battery strong enough to withstand fires or explosions from high-impact collisions.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe world’s largest maker of electric vehicle batteries said it has signed up Chinese EV brand Avatr, which it part owns with Chongqing Changan Automobile Co., to jointly develop cars based on the new chassis.The new chassis is uni

Oil prices rise 1% in thin pre-holiday trade

NEW YORK/LONDON (Reuters) -Oil prices rose more than 1% on Tuesday, reversing the prior session's losses on a brightening short-term outlook tied to the prospect of slightly tightening supplies as trade thinned ahead of the Christmas and Hanukkah holidays. "Given how short the paper market is on positioning, any supply disruption could lead to upward spikes in structure," they added. "The year is ending with the consensus from major agencies over long 2025 liquids balances starting to break down," Neil Crosby, Sparta Commodities' assistant vice president of oil analytics, said in a note.

Telegram Profitable for First Time After App Pays Down Debts

(Bloomberg) -- Social media app Telegram is profitable for the first time after paying down “a meaningful share” of some $2 billion in debt, Chief Executive Officer Pavel Durov said in a post on X Monday. Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe milestone comes as the messaging service faces increasing scrutiny for aiding the spread of misinformation and illegal content such as child sexual abuse materials. French prosecutors in August charged the R