US judge blocks Commerce Department TikTok order

Washington: A US judge in Pennsylvania on Friday blocked a US Commerce Department order set to take effect on Nov. 12 that would have effectively barred Chinese-owned short video-sharing app TikTok from operating in the United States. U.S. District Court Judge Wendy Beetlestone enjoined the Commerce Department from barring data hosting within the United States for […]

Ex-Tata Group Chairman Cyrus Mistry lays out fresh demands to end bitter dispute

Mumbai: Billionaire Pallonji Mistry has sought to swap his stake in Tata Sons Pvt., which his group values at $24 billion, for shares in the listed companies of India’s biggest conglomerates as the two groups move to sever ties. The Shapoorji Pallonji Group told the Supreme Court it estimates its 18.4 per cent stake in the […]

Xiaomi overtakes Apple in global smartphone shipments in Q3: IDC

New Delhi: As the worldwide smartphone market showed signs of improvement in the third quarter of this year, Xiaomi surpassed Apple for the first time with a 13.1 per cent market share and 42 per cent growth, according to data from the International Data Corporation (IDC). While Xiaomi shipped 46.5 million devices to grab the […]