A Dutch court hearing a class action lawsuit on Wednesday held Meta Platforms, Inc's (NASDAQ: META) Facebook Ireland responsible for misusing the personal data of Dutch citizens from 2010 - 2020.
Apple Inc (NASDAQ: AAPL) is postponing perks for some corporate divisions and expanding a cost-cutting effort joining its peers in streamlining operations amid business slowdown and economic uncertainties.
Alibaba Group Holding Limited (NYSE: BABA) assumed a crucial role in Hangzhou city's plans to lure more internet firms amid the "high-quality and healthy development of platform economy" under a deal with the local market regulator.
China is pushing for more control over undersea cable projects in the South China Sea and held back approval for a project that involved Facebook parent Meta Platforms Inc (NASDAQ: META) for several months.