WeWork cuts nearly 20% of workforce in restructuring effort

NEW YORK (AP) — WeWork is slashing nearly 20% of its workforce, embarking on a painful restructuring of its money-losing operation that doomed its stock market debut and left the office-sharing compan...

Microsoft hires ex-AG Holder to audit face-scanning firm

Microsoft is hiring former U.S. Attorney General Eric Holder to review its investment in a facial recognition startup that scans faces at Israeli military checkpoints. Microsoft said...

Japan's SoftBank tumbles into losses over costly investments

TOKYO (AP) — Japanese technology company SoftBank Group Corp. has tumbled into losses for the fiscal second quarter over money-losing investments, including a bailout for office-space sharing startup ...

Taiwan small and medium enterprises see steady growth

TAIPEI (Taiwan News) – In a document disclosed by the Ministry of Economic Affairs on Tuesday (Nov. 5), small and medium enterprises in Taiwan are said to have shown steady growth in 2019, while...

Medical marijuana in Louisiana: Questions about cost arise

BATON ROUGE, La. (AP) — Three months after medical marijuana became available in Louisiana, doctors and clinics say some patients are finding the cost for therapeutic cannabis too high for treatment, ...

Uber shareholder asks Delaware court to revive lawsuit

DOVER, Del. (AP) — Attorneys for an Uber shareholder are asking Delaware's Supreme Court to overturn a judge's dismissal of a lawsuit against the ride-hailing company and its former CEO. ...

Taiwan's GLORIA attracts NT$6 billion in investments at US conference

TAIPEI (Taiwan News) — The Global Research and Industry Alliance (GLORIA), which was formed by Taiwanese universities, has signed collaboration agreements worth over NT$6 billion (US$200 million...

Japan's SoftBank shaken by WeWork, but committing billions

TOKYO (AP) — Japanese technology giant SoftBank has committed billions of dollars to bailing out office-space sharing startup WeWork in a daring vote of confidence from its intrepid founder Masayoshi ...

Alibaba founder bashes international employment system

TAIPEI (Taiwan News) — The founder and CEO of Chinese e-commerce giant Alibaba, Jack Ma (馬雲), criticized the current hiring process of top companies like his own at the Forbes Global CEO Confere...

Google claims breakthrough in blazingly fast computing

Google announced Wednesday it has achieved a breakthrough in quantum computing, saying it has developed an experimental processor that took just minutes to complete a calculation that would take the w...

Google touts quantum computing milestone

SAN FRANCISCO (AP) — Google said it has achieved a breakthrough in quantum computing research, saying an experimental quantum processor has completed a calculation in just a few minutes that would tak...

Indonesia president names election rival as defense minister

JAKARTA, Indonesia (AP) — Indonesian President Joko Widodo has named his election rival as his defense minister and added technocrats and entrepreneurs to his Cabinet. Widodo was swo...

10 Taiwan startups to participate in MWC Los Angeles

TAIPEI (Taiwan News) – Ten Taiwan startups led by Taipei Computer Association (TCA) are participating in MWC Los Angeles 2019, exhibiting parts, products or solutions in the fields of 5G, artif...

Delivery food fight: Just Eat rejects another takeover offer

LONDON (AP) — Food delivery company Just Eat has rejected a takeover offer from South Africa's Prosus N.V., saying that the 4.9 billion-pound ($6.2 billion) cash offer "significantly undervalues" it. ...

Taiwan hosts Asia-Pacific Conference with youth employment as focus

TAIPEI (Taiwan News) — The Taichung City Government on Thursday (Oct. 17) held the "2019 Asia-Pacific Conference on Policies for Employment", which was focused around creating better w...