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Apple Loses Copyright Claims in a Lawsuit Against a Florida Based Startup

IPhone maker Apple Inc. (AAPL) lost a copyright infringement case against a Florida based startup Corellium LLC after a federal Judge in Florida dismissed the Apple’s claim. The startup has software which helps security researchers to find security flaws in Apple products. Apple was accusing Corellium of copying its iOS operating system to create a […]

Ticketmaster to Pay $10 Million Fine for Hacking Rival’s Computer Systems

U.S based ticket sales and distribution company Ticketmaster Entertainment LLC has agreed to pay a $10 million fine to avoid prosecution on hacking and illegally accessing the computer system of a rival company, Songkick. Songkick primarily engages in artist presales in which often some tickets are set aside for fans prior general ticket sales begins. […]

Survey Software Seller Qualtrics Files for IPO

Provider of technology services including educational, survey, human resource, and market research software Qualtrics International Inc. announced having filed for an initial public offering in the United States. Qualtrics is owned by business software group SAP Inc. (SAP), the company is betting on how technology stocks have been outperforming the broader financial markets this year […]

Alibaba Increases Share Buyback Plan From $6 billion to $10 billion

Leading Chinese multinational company specializing on e-commerce and technology Alibaba Group Holding (BABA) announced having increased size of its share buyback program from $6 billion to $10 billion. This revision came moments after its share price plunged by more than 7% to HK$212.20 ($27.37). “This Share Repurchase Program will be effective for a two-year period […]

Ripple Blocked by U.S Regulator From Issuing Non-Registered Securities

Blockchain Company Ripple which is linked to cryptocurrency XRP has been blocked by United States markets regulator Securities and Exchange Commission (SEC) from conducting any unregistered securities offering. Ripple has also been charged with carrying out a $1.3 billion unregistered securities offering. Additionally, SEC also charged two top ranking officials from Ripple for the personal […]

Elon Musk Once Wanted to Sell Tesla to Apple

Founder and CEO of leading electric vehicle manufacturer Tesla Inc. (TSLA) has revealed that he once approached IPhone manufacturer Apple Inc. (AAPL) with an intention of selling his company to the tech giant. Musk says there was a time the company was experiencing financial distress due to the ‘Model 3 program’ which wasn’t picking up […]

Hacking Will Attract More Than Just Sanctions Under Biden’s Administration

Incoming White House Chief of Staff Ron Klain claims under the administration of U.S President elect Joe Biden hacking will attract more than just sanctions. Klain said Biden has already assembled a team which is putting measures in place to contain hackers especially from Russia who have penetrated a lot of U.S government entities. “It’s […]

Apple Won’t be Giving Wistron any Business Until it Resolves Plea of its Workers

IPhone manufacturer Apple Inc. (AAPL) won’ be giving its Taiwan based supplier Wistron Corp. (TPE: 3231) any more business until the company solves wrangles with its employees based in a southern India factory. This probation comes after an audit by Apple revealed there was violence in Wistron plant in India’s Karnataka state. Apple said such […]

U.S Health Worker Suffers an Allergic Reaction After Getting Pfizer’s Vaccine

A United States health worker based in Alaska got an allergic reaction after getting COVID-19 vaccine developed by Pfizer Inc. (PFE) and BioNTech SE (BNTX). This information was announced by public health authorities who said the health worker is in stable condition. A person with first-hand information on the matter said the reaction occurred minutes […]

Twitter Goes Back to Old Retweet Function After U.S Elections

Widely used social network Twitter Inc. (TWTR) announced that it will be reverting to old retweet function now that United States Presidential elections have been wrapped up. Twitter had made some changes on its platform to curtail spread of misinformation during the electioneering period. Back in October, the company made it impossible for Twitter users […]