Browsing Category

Business

3236 posts

Softbank records historic $18 Billion loss as startup investments crumble

Softbank’s latest financial reports reveal an overall operating loss of 1.36 trillion…

Accenture acquires India’s Byte Prophecy for its AI powered business insights and data analytics solution

IT major Accenture has announced the acquisition of Byte Prophecy, a little…

Jack Ma to step down from Softbank board

In what would come as yet another setback to Softbank and Masayoshi…
Huawei Logo

China asks US to stop Huawei’s “unreasonable suppression” amid US ban that threatens cut-off from global chip suppliers

U.S. and China have been at each other’s throats from a while…

Amazon Prime video to globally premiere 7 highly awaited Indian movies, including Amitabh Bachchan’s ‘Gulabo Sitabo’

Amazon prime video has sealed a deal with 7 of the most…

TSMC will build a new $12Bn advanced semiconductor fab in Arizona, US

In line with earlier reports of possible chip manufacturing factories from Intel…
Tesla sales fall again, challenges persist

Alameda county could allow Tesla to open Fremont factory by next week amid Donald Trump’s backing

Sun finally shines bright for Elon Musk, in a rather lone war…

Apple Airpods update: Might include head and neck detection, custom equalizer settings and more

Rumors about upgraded Apple Airpods have been circling the Internet for a…

Smartphone shipments in China rise 17% in April amid potential post-coronavirus recovery signs

Smartphone shipments in China have observed a growth of 17% in April…

White house talks to Intel, TSMC for possible chip manufacturing facilities in the US: Report

Sino-U.S. relationships have worsened even further, after COVID 19 took over the…

Tesla will threatens to move HQ out of California, sues Alameda county over factory closure orders

In what will be the “last straw” for Elon Musk in the…
Tesla sales fall again, challenges persist

Tesla vehicle factory to remain shut following California County orders

San Francisco County Health Department announced that Tesla Inc “must not reopen”…
Microsoft

Microsoft plans $1.5 billion investment in developing its latest cloud datacenter region in Italy

Companies are adapting to the coronavirus by shifting their work “online”, ushering…
Uber simplifies rides for seniors

Uber posts record jump in bookings, but losses widen to $3Bn

Uber released its first quarter performance results on Thursday, which included a…

Reliance Jio raises another $1.5Bn at a $65Bn valuation from Vista Equity Partners

Continuing to defy the general economic statement during these coronavirus time, the…

O2 and Virgin Media merge UK operations in a historic $39B deal, set to reshape UK’s telecom industry

Spain’s Telefonica and U.S tycoon John Malone’s cable group Liberty Global are…
PayPal

PayPal clocks record surge in transactions amid profit plunge, expects growth to rebound in second quarter

As Social Distancing becomes a fibre within our lives due to the…