Featured

Musk Wants to Boost Twitter’s Audience Significantly

World’s richest man Elon Musk who recently acquired widely used social network Twitter Inc. (TWTR) says that he wants to expand the platform’s reach beyond the current niche to a point where most Americans use the platform. Musk made the sentiments to reports during the red carpet at the annual Met Gala in New York. […]

Qualcomm to Supply Volkswagen with Chips for Automated Driving

German based car manufacturer Volkwagen Group (ETR: VOW3) has entered into a partnership with United States computer chip manufacturer Qualcomm Inc. (QCOM) to develop automated driving technology with the contract set to run until 2031. According to the German daily Handelsblatt which was the first to report the news, Volkswagen will be using Qualcomm’s system-on-a-chip […]

Walt Disney’s Head of Corporate Affairs Geoff Morrell Set to Leave the Company

Geoff Morrell, the head of corporate affairs at American entertainment and media company Walt Disney Co. (DIS) revealed that he will leaving the company through an email he sent to the company’s chief executive officer, Bob Chapek. This move comes three months after Morrell joined Disney from oil and energy company BP Plc. (LON: PB) […]

5G Demand Propels Nokia to Stronger Than Expected Q1 Results

Telecommunications, information technology and consumer electronics company Nokia Corp. (HEL: NOKIA) reported its first quarter results in which it performed stronger than expected thanks to the increasing demand of 5G equipment. The Finland based company has been heavily investing in research while simultaneously cutting operational costs and this has place the company at a better […]

Twitter Fined by a Russian Court for Failing to Delete Banned Content

Social media and microblogging platform Twitter Inc. (TWTR) has been fined 3 million roubles ($41,000) by a Russian court for failing to delete banned content from its platform. This development was first reported by Interfax news agency on April 28. According to Interfax news agency, the court imposed the fine after Twitter failed to delete […]

Tencent Music Sued by NetEase’s Cloud Music Unit for Unfair Competition

The Cloud Music Unit of NetEase has filed a lawsuit against Tencent Music Entertainment (TME) accusing it of unfair competition practices and plagiarizing its app design. The Music Unit made the announcement on April 27. NetEase Cloud Music says features on TME’s suite of music streaming apps allowed its users to sidestep copyright protection and […]

Russia Warns United States Against Sending More Weapons to Ukraine

Russia’s ambassador to Washington, Anatoly Antonov, has warned United States against sending more weapons. Antonov made the sentiments during an interview with Russia state television, Rossiya 24 , in which he said by the U.S supplying Ukraine with weapons will only escalate the war further. “We stressed the unacceptability of this situation when the United […]

FTC Probing Broadcom Over Forcing Exclusive Agreements With Clients

United States based computer chip designer and manufacturer Broadcom Inc. (AVGO) is yet again under investigation by the U.S Federal Trade Commission (FTA) over complaints that it forces exclusive agreements with customers. Broadcom is a major supplier of Bluetooth and WiFi chips to companies like iPhone manufacturer Apple Inc. (AAPL). According to a report released […]

AT&T Appoints Jeff McElfresh as the New Chief Operating Officer

American telecommunication company and the largest provider of mobile telephone services AT&T Inc. (T) has appointed Jeff McElfresh as the new chief operating officer at the company. McElfresh has previously served as the head of the company’s business unit. This appointment comes as the company is increasing its efforts to refocus on its connectivity business […]

TSMC Raises $3.5 Billion in Bonds for its U.S Factory

Taiwan based computer chip manufacturer TSMC (TPE: 2330) announced having raised $3.5 billion in bonds for its new factory in the U.S State of Arizona. This development was revealed through a term sheet shared by the company on April 20. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is a major supplier of leading tech company and […]