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In his first week as owner, billionaire axed management, began mass job cuts and launched new products
CEO Krishnamurthy insists country’s ecommerce sector remains ‘vibrant’
Staff reductions come as social media site announces launch of subscription service
Digital currency exchange hit by low volatility and collapse in token prices
Stripe and Lyft become latest to announce lay-offs as Amazon keeps lid on headcount
Job losses expected before end of week as new owner continues clear-out
The world’s richest man must now assume responsibility for the platform’s many choices and trade-offs
Companies are not going to let up spending despite weakening economy
Having vastly overpaid to buy the platform, Elon Musk needs all the cost savings and revenues he can get
The Japanese people are reluctant to share their personal data with the government in the form of ID cards. Can a robot help?
And Uber is just a big taxi company
Privacy watchdog finds education department gave improper access to identifying information
Banks have experimented with headsets and pixelated avatars to interact with clients
Group’s former chief executive and chair of parent company face criminal charges over ‘temporary marketing gimmick’
Plus, Twitter staff cuts, blackouts in Kyiv, China’s Xi seeks common ground with Germany’s Scholz
Moscow has invested in subsurface naval capabilities that hold the world’s internet infrastructure at risk
Proposal likely to run into resistance in some capitals
Brands experiment with latest technology to transplant one of the oldest hard luxuries into the digital world
The Bank of England raised interest rates by 75 basis points on Thursday
PBoC attempt to channel personal information through official credit-scoring companies meets opposition
Battery start-up planning £3.8bn gigafactory says private equity will match government figure
Style drift FTW
Sales decline for first time in 10 quarters at world’s biggest computer maker
The two nations are compelled by their consumers to collaborate as well as compete
…and other amazing household tech
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Some brands ‘quiet quit’ messaging platform after Elon Musk’s $44bn takeover
Social media company is pushing for new revenue streams amid digital advertising challenges
New service rolls out in 12 markets this week as company seeks to shore up revenue
Thwarted attack on Black Sea fleet in Crimea highlights Kyiv’s ability to offset Moscow’s superior firepower
Rivals seek to ride coattails of Chinese fast-fashion giant set to become world’s biggest specialist clothes seller
Billionaire takes his first step towards overhauling social media platform that he now owns
Access to off-the-shelf software increasing risk of cyber attacks, says GCHQ director
The suspected infiltration of Tromsø’s Arctic research centre highlights the hostile state threat to academia
Requirement that BT provides dedicated landlines for the devices at affordable prices is to be scrapped
Consumers plan to reuse energy-intensive equipment for alternative services
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