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Electronics News:

Facebook removes accounts from Russia, Iran for 'coordinated inauthentic behavior'

Facebook Inc said on Tuesday it has removed more accounts from Iran, Russia, Macedonia and Kosovo, citing what it described as coordinated inauthentic behavior. ...


Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East

Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering. ...


Saudi venture fund STV says Uber deal with Careem to help Mideast ride hailing firm grow

Saudi Technology Ventures (STV) said on Tuesday Ubers deal with Careem will help the Middle East ride hailing firm expand its customer base even further and continue to develop the regional economy. ...


China video-streaming firm iQIYI targets raising $1.1 billion in convertible bonds

Video-streaming firm iQIYI Inc, backed by search engine giant Baidu, is looking to raise $1.05 billion in convertible bonds in what is likely to be one of the largest ever such sales by a U.S.-listed Chinese company. ...


French Muslim group sues Facebook, YouTube over footage of Christchurch massacre

One of the main groups representing Muslims in France said on Monday it was suing Facebook and YouTube, accusing them of inciting violence by allowing the streaming of footage of the Christchurch massacre on their platforms. ...


Samsung Elec flags earnings miss as chip prices slide

Samsung Electronics Co Ltd said on Tuesday first-quarter profit would likely miss market expectations due to falls in chip prices and slowing demand for display panels, in an unprecedented statement ahead of its earnings guidance. ...


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