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A package from Temu is seen in front of a screen with the Temu logo. (Photo by Nikos Pekiaridis/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Chinese online retailer Temu has been surfacing more products on its app that can be shipped from warehouses in the U.S. following President Donald Trump’s decision to…
The U.S. Postal Service said Wednesday it will resume accepting inbound mail and packages from China and Hong Kong, just hours after it suspended service from those regions. “The USPS and Customs and Border Protection are working closely together to implement an efficient collection mechanism for the new China tariffs to ensure the least disruption…
A United States Postal Service employee at work in New York City on Dec. 4, 2023. Brendan Mcdermid | Reuters The U.S. Postal Service said Tuesday it’s temporarily suspending all inbound packages from China and Hong Kong Posts. The change is effective immediately and will remain “until further notice,” according to an alert posted to…
An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022. Graham Hughes | Bloomberg | Getty Images Amazon is set to face legal action from a Canadian union after the company’s decision to wind down warehouse operations in Quebec. The Federation of National Trade Unions, known…
SpaceX’s Starlink project reshaped global internet access, particularly in underserved and remote regions, through an advanced satellite network. Led by technology entrepreneur Elon Musk, the initiative provided high-speed connectivity where conventional service providers had failed. By bridging the digital divide, Starlink revolutionised sectors such as education and healthcare. The project’s impact held significant importance, as…
Google’s Senior Vice President Hardware, Rick Osterloh, speaks during a launch event in San Francisco, October 4, 2017. Stephen Lam | Reuters Google is offering buyouts to employees in its “Platforms and Devices” unit ahead of expected cuts. That unit includes more than 25,000 full-time employees who work on Android, Chrome, ChromeOS, Google Photos, Google…
Chairman, President and Chief Executive Officer of IBM Arvind Krishna attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, Jan. 22, 2025. Yves Herman | Reuters IBM surged 13% Thursday on the back of a strong fourth-quarter print that showed artificial intelligence growth boosting its software business. The move put the stock…
Igor Golovniov | Lightrocket | Getty Images Cable giant Comcast is looking to the wireless business for growth. Comcast executives said Thursday the company will shift its focus to its mobile business after reporting a loss of 139,000 residential broadband customers during the fourth quarter. Broadband has long been the growth engine of the cable…
Comcast topped Wall Street’s fourth-quarter estimates on Thursday despite reporting larger-than-expected broadband subscriber losses and stagnating paid subscribers for its streaming service, Peacock. Wall Street has been particularly focused on cable companies’ broadband businesses, which still garner high revenue and earnings but have been in the midst of a customer growth slump due to heightened…
Jaque Silva | Nurphoto | Getty Images Google‘s maps division on Monday reclassified the U.S. as a “sensitive country,” a designation it reserves for states with strict governments and border disputes, CNBC has learned. The new classification for the U.S. came after President Donald Trump said his administration would make name changes on official maps…
