Indian court moves to lift ban on Chinese video app TikTok

An Indian state court on Wednesday moved to lift a ban on popular video app TikTok in the country, two lawyers involved in the case said, in a boost for its developer Beijing Bytedance Technology Co.

New Zealand, France plan bid to tackle extremism on social media

In the wake of the Christchurch attack, New Zealand said on Wednesday that it would work with France in an effort to stop social media from being used to promote terrorism and violent extremism.

Tencent-backed China online healthcare venture raises $250 million

China’s Tencent Trusted Doctor, a venture backed by tech giant Tencent Holdings, said it has raised $250 million in a fundraising round, as investors pile into China’s online private healthcare sector.

SK Hynix eyeing part of MagnaChip Semiconductor – source

South Korea’s SK Hynix Inc is looking at buying part of logic chip maker MagnaChip Semiconductor Corp, a source familiar with the matter told Reuters on Monday, adding nothing had been decided.

Uber’s self-driving unit valued at $7.25 billion in new investment

Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.

Big corporates back crypto ‘plumbing’ despite currency caution

Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they’re steering clear of the volatile currencies themselves.

Facebook ‘unintentionally uploaded’ email contacts of 1.5 million users: report

Facebook Inc said it “unintentionally uploaded” the email contacts of 1.5 million new users since May 2016, Business Insider reported on Wednesday.

Iraq parliament bans online battle games, citing ‘negative’ influence

Iraq’s parliament voted on Wednesday to ban popular online video games including PlayerUnknown’s Battlegrounds and Fortnite, citing their “negative” influence especially on the young in a country long plagued by real-life bloodshed.