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U.S Set to Cut Down Chip Supply to Huawei

The antagonism between the United States and Chinese tech giant Huawei Technologies seems to be far from over. It all started when the U.S accused the company of using its infrastructure and services to spy for Beijing. Senior State’s Officials Meeting Anytime soon U.S will be cutting down supply of chips to the company after […]

Global Airlines Urge Governments to Aid Them Overcome Plunge Due to Coronavirus

Coronavirus pandemic is biting so hard and so fast into every economy, various sectors have been deeply affected by this situation since businesses are no longer running as usual. World airlines remain among the top of the businesses greatly affected by outbreak of coronavirus. Almost every nation in the world now has completely shut down […]

U.S Senate Passes a $2 Trillion Bill to Combat Coronavirus Pandemic

On Wednesday the U.S Senate unanimously voted for a $2 trillion bill to assist in the fight against breakout of deadly coronavirus which is spreading in the United States more rapidly than anyone could have anticipated. Largely, this funds will be used to support unemployed peoples, purchase of critically needed medical equipment and injecting financial […]

Facebook and Netflix to Relieve Network Congestion in India by Reducing Data Traffic

Social media guru Facebook Inc. (FB) and media services production company Netflix Inc. (NFLX) announced they will be reducing amount of data their services consumes in India so as to ease network congestion in the country. The companies claim to have taken this measure so as to reduce network congestion in the world’s second highest […]

Flipcart Suspends Operations in India Following a 21 Day Lockdown

On Wednesday Walmart Inc’s. (WMT) subsidiary Flipcart announced suspending its operations indefinitely in India. The company relayed this information through its website less than 24 hours after a 21 day lock-down had been declared in the world’s second highest populated country. Flipcart did not reveal how long they intend to remain closed however the retailer […]

Twitter Drops Q1 Financial Guidance Due to Coronavirus

Without a doubt outbreak of deadly coronavirus has and continues to affect the entire world in worst ways no one would have ever imagined. The effects of this epidemic are being felt in each sector of any given economy in the entire world. Widely used social media network Twitter Inc. (TWTR) has not been left […]

Coronavirus Epidemic Pushing U.S Auto Dealers to Online Orders for Cars

Quarantines and lockdowns are new orders of the day brought about by outbreak of deadly coronavirus across the entire world. The automobile industry has been indeed greatly affected since moving of persons has been restricted due to quarantines and lockdowns. Individuals can no longer physically access showrooms and view cars, however, all is not lost […]

Kroger (NYSE:KR) and Walgreens Boots Alliance Inc (NASDAQ:WBA) To Test A New Store In Knoxville

It was in the previous year that Kroger (NYSE:KR) and Walgreens Boots Alliance Inc (NASDAQ:WBA) announced their new partnership. In this collaboration, the companies wanted to set up mini “Kroger Express” stores. These were going to be established countrywide in all the test markets. One of the major cities where the new stores are going […]

Twitter Inc (NYSE:TWTR) And Other Companies Prioritize Profits Over User Privacy

Several companies around the globe are guilty as charged of using phone numbers and the data of customers inappropriately. These companies woo users into using two-factor authentication for privacy reasons. However, not all such stories have ended up well. For example, Facebook (NASDAQ:FB) had to pay a fine amounting to $5 billion over the mishandling […]

AT&T Inc (NYSE:T) To Sell Puerto Rico Network To Settle Its Debts

AT&T Inc (NYSE:T) owns wireless and wireline networks in the US Virgin Islands and Puerto Rico. Things will no longer be the same after the business guru revealed plans to sell these assets to Liberty Latin America (NASDAQ:LILA). The move will see the company repay some of the debts it has through making a few […]

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