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American technology company specializing in consumer electronics, software and online services Apple Inc. (AAPL) has informed some of its contract manufacturers that it seeks to scale up production outside China. This development was first published on the Wall Street Journal which claimed to have sourced the information from sources with direct involvement in the matter. […]

Technology company and software developer Microsoft Corp. (MSFT) says that it will be changing its licensing term to enable cloud service providers to better compete following a huge backlash and complaints on the matter. This development was announced on May 18 by the company’s president Brad Smith while on a conference organized by think tank […]

Leading tech companies including: Twitter Inc. (TWRT), Alphabet Inc. (GOOGL) and Meta Platforms Inc. (FB) among others have filed an emergency request with the United States Supreme Court requesting the court to block a Texas law which bars large social media platforms from banning users based on their political views. The Texas law came into […]

German based car manufacturer Volkswagen Group (ETR: VOW3) is expecting its electric vehicle (EV) business to turn out profitable just as its combustion engine business sooner than planned. This was revealed by the company’s chief executive officer, Herbert Diess, during a shareholders meeting held on May 11. “We expect that the e-mobility business will be […]

California based manufacturer of electric vehicle Lucid Group Inc. (LCID) is planning to launch luxury sedans in Europe later this year following an increasing demand of electric vehicle across the world. Similarly, its U.S rival Tesla Inc. (TSLA) has also been expanding its presence especially in Asia and Europe. Lucid says it will be launching […]