It is less likely that those borrowers who apply for "buy now, pay later" or any other point-of-sale financing offers will pay down their credit card bills compared to the general public, according to TransUnion.   According to the findings of a recent study, credit card lenders may not have...

A trade organization representing electronics makers said on Thursday that it has grown more difficult to recruit skilled personnel, aggravating issues caused by an ongoing chip scarcity and creating product delays.   IPC, which represents contract manufacturers such as Foxconn, chipmakers...

While battery power is the most promising technology for the future of car technology, hydrogen could be a viable alternative.   This is the view of major automakers like BMW and Audi. They are currently developing prototypes for hydrogen fuel-cell passenger vehicles alongside their fleets....

Facebook Inc. has ended its negotiating process for licensing agreements with publishers, the social media giant has informed the Australian publishers through an email sent to the industry, said reports. This announcement came six months following the passing of a law that to require tech...

UK start-up TrueLayer has raised $130m in its latest round, with a valuation above $1bn, earning it "unicorn" status. The fintech company has been described as a threat to Visa and Mastercard, with Revolut among its clients and Stripe, Silicon Valley's most expensive company, is among its...

US betting company DraftKings has made an offer to buy British betting and gambling company Entain Plc. This was announced by the British themselves after the information appeared in the media. Confirming receipt of the offer, the British company said it would respond to it later, but in the...

Twitter said that it reached a settlement with a group of shareholders who had filed a class action lawsuit against it in 2016. Twitter agreed to pay $809.5 million to shareholders accusing it of misleading investors about some of its performance.  The company said it did not admit any...

Toy suppliers and retailers in the United States and elsewhere are racing against time to tackle severe air, sea and land shipping shortage ahead of the Christmas season.   A major portion of the total annual sales of almost $33 billion comes during the holidays, and the top selling toys...

The aim of the recent sweeping regulatory crackdown on domestic companies by Chinese authorities is not aimed at reining in private enterprises of the country or decoupling them from the United States or the international financial markets, a top official of China’s regulatory body reportedly told...