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Twitter Suspends Accounts of Trump’s Black Supporters Says They Broke Rules

Social network Twitter Inc. (TWTR) has suspend several accounts belonging to black supporters of U.S President Donald Trump and his re-election bid in the upcoming presidential elections claiming the account owners broke its rules on manipulation and spam. The accounts in question have been frequently posting pictures of individuals which do not match with their […]

World Bank Approves $12 Billion to Fund COVID-19 Vaccines for Developing Countries

The World Bank announced that its executive board approved $12 billion to fund purchasing and distribution of COVID-19 vaccine across third world countries once a suitable vaccine will be released. Developing countries will also use the cash to test and treat the disease, World Bank’s executive board approved the funding plan on October 13. This […]

J&J Halts COVID-19 Vaccines Trials After a Participants Suffers Unexplained Illness

American based medical device and pharmaceutical company Johnson & Johnson (J&J) has temporarily halted had its COVID-19 vaccine clinical trials after a study candidate started suffering from unknown illness. In a statement the company said the participant in question is being evaluated and reviewed by an independent data and safety monitoring board together with the […]

Twilio to Acquire Customer Data Provider Segment in Deal Worth $3.2 Billion

California based cloud communication Tech Company Twilio Inc. (TWLO) will be acquiring customer data platform Segment in a deal worth $3.2 billion. Forbes was the first to report on the matter citing having secured the news from reliable sources. According to the sources, talks concerning the deal are on advanced stages but it’s yet to […]

IBM Splitting Into Two Public Companies

International Business Machine Corp. (IBM) has announced that it will be splitting into two publicly traded companies with a main aim of focusing on high margin cloud computing. This decision has taken many unaware since no one was expecting the 109 year old company to diversify away from its traditional business. The company will list […]

Microsoft Denies Allegations of Plans to Double Number of High Ranking Black Employees

U.S based Technology Company Microsoft Corp. (MSFT) has denied allegations making rounds social platforms that it plans to increase diversity in its workplaces among employees by pumping in $150 million and doubling number of black employees in high ranking positions. These reports were being spread around by the U.S. Department of Labor however the company […]

Cisco Ordered to Pay $1.9 Billion After Losing a Patent Lawsuit

Silicon Valley based Technology Company Cisco Systems Inc. (CSCO) has been ordered by a U.S court to pay $1.9 billion after losing a patent lawsuit to Virginia based Centripetal Networks Inc. for copying cybersecurity patents of the company. After over a one month period which the case lasted, U.S. District Judge Henry Morgan in Norfolk, […]

Airbnb Seeking to Raise $3 Billion From its Upcoming IPO

San Francisco based online vacation home renting platform Airbnb Inc. is intending to raise $3 billion from its initial public offering. The company had filed with regulators to go public in March however due to plunge caused by the pandemic especially in the travel and hospitality industry worldwide the company had no other option than to […]

Records Show 19,000 U.S Based Amazon Employees Contracted Coronavirus

World largest e-commerce company Amazon Inc. (AMZN) has revealed that 19,000 of its employees in the United States contracted coronavirus at some point this year. This number translates to 1.44% of the company’s total labor force. A number of labor advocates have been constantly criticizing how the company has been responding to the pandemic in […]

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