CNBC World News

Microsoft is in talks to acquire TikTok U.S. While the deal doesn't further Microsoft's mission of servicing enterprise customers, it may be too good of an opportunity to pass up.

Xiao-i argued that Apple's voice-recognition technology Siri infringes on a patent that it applied for in 2004 and was granted in 2009.

Microsoft confirmed that it has been discussing an acquisition of the trendy app in the U.S. and other countries.

Tech firms big and small have been developing everything from wearable devices to thermal imaging cameras to help businesses equip their office spaces for the future.

British business minister Alok Sharma welcomed the news.

OPEC and its allies need to find a balance between supporting oil prices and keeping U.S. crude production at bay, John Driscoll of JTD Energy Services said this week as the oil-producing group starts to roll back supply cuts.

Zoom said on Monday it will no longer sell new or upgraded products directly to customers on the Chinese mainland. Instead, it will offer its video conferencing services via third-party partners.

A private survey released Monday showed China's manufacturing activity expanded in July. The Caixin/Markit manufacturing Purchasing Manager's Index came in at 52.8 for July, above expectations for a reading of 51.3 by economists in a Reuters poll.

Belarusian President Alexander Lukashenko, 65, is seeking his sixth term in office having been in power since 1994.

American lawmakers fear current antitrust laws are not fit for the digital economy. This is a concern also shared by many lawmakers in Europe.

HSBC reported a 65% fall in pre-tax profits for the first half of 2020 to $4.3 billion — missing analysts' expectations.

Heineken said on Monday it had witnessed a gradual recovery of its business since the low of April, remaining uncertainty over COVID-19 containment measures left it unable to give a forecast for the rest of the year.

TikTok has said U.S. user data is stored in the country itself with a backup in Singapore and that its data centers were located outside China.

Xpeng Motors, one of Tesla's rivals in China, is in talks to raise around $300 million in funding ahead of an initial public offering (IPO) in the U.S., two sources familiar with the matter told CNBC.

German health group Siemens Healthineers said on Sunday it was buying Varian Medical Systems Inc of the United States for $16.4 billion in a deal that seeks to create the global leader in cancer care solutions.

"I woke up to media reports that I am a wanted fugitive," said activist and U.S. citizen Samuel Chu.

The Caixin/Markit manufacturing Purchasing Managers' Index (PMI) for China came in at 52.8 for July.

ByteDance said it has "encountered all kinds of complex and unimaginable difficulties" in trying to become a global company including "plagiarism and smear" from its rival Facebook.

As students graduate into an uncertain jobs market, many major banks are offering virtual insights into a career in finance.

Both the U.S. and China have to "step up to the plate" and provide global leadership, during a time when the world's poorest countries are in trouble because of the coronavirus pandemic, said a top economist.