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Huawei CFO Meng Wanzhou Appointed Chairwoman in Rotating Role

Meng Wanzhou, the chief financial officer of Chinese tech giant Huawei Technologies (HWT) has been appointed the chairwoman of the company in a rotating role. Huawei announced this managerial appointment the company’s official website. Meng will serve as the Huawei’s chairwoman and also Huawei’s board of directors for six months however the company failed to […]

Sony Unveils Upgraded Subscription Service PlayStation Plus

Sony Group Corp. (TYO: 6758) has launched an upgraded PlayStation subscription service for its gaming console. The company says the upgraded PlayStation Plus service will be offering hundreds of recently released games including; ‘Spider-Man: Miles Morales’ for a flat monthly subscription fee when the service will be launched in June. Initially, the upgrade Playstation Plus […]

Porsche SE Supporting VW’s IPO Plan for Porsche AG

German based automobile maker Porsche Automobil Holding SE (ETR: PAH3) which is also the largest shareholder in fellow car maker Volkswagen AG (ETR: VOW3) says that it approves a proposed plan by Volkswagen for an initial public offering (IPO) of luxury sportscar maker Porsche AG. Porsche SE made this announcement on March 29 the automobile […]

Tesla Recalls 947 US Cars Due to Delay in Rearview Image Display

Leading electric vehicle maker Tesla Inc. (TSLA) has recalled 947 vehicles in the United States citing that the rearview image may fail to immediately display when they vehicle starts to reverse. This development was announced by the National Highway Traffic Safety Administration (NHTSA). According to the information given to the NHTSA by Tesla, the recall […]

Google Gives Spotify its Own In-App Payment Option as Part of a New Pilot

Android Operating system developer Google has given audio streaming and media services provider Spotify Technology SA (SPOT) its own in-app payment system in its Android app as part of a new pilot project aimed at countering high fees and allegedly anti-competitive concerns by app developers. Customers who have downloaded the Spotify app from Google Play […]

Russia Blocks Google News Citing Spread of Fake Information Regarding Ukraine War

Alphabet Inc. (GOOGL) owned Google has confirmed that Russia’s communication regulator, Roskomnadzor has blocked its news aggregator service Google News in Russia citing that the service allows what it terms as fake information about Russia’s military operation in Ukraine. This development was first reported on March 24 by Interfax news agency then later Google confirmed […]

Uber Seeking Approval to Render its Services in Newly Opened Airport in Mexico City

Ride hailing company Uber Technologies Inc. (UBER) is seeking the necessary approvals from Mexican authorities to start offering its services to the newly opened airport in Mexico City which was officially opened at the beginning of the week. The airport is yet to pick up since it’s currently registering a few flights and lacks key […]

Kioxia Partners With Western Digital to Build New Memory Chip Venture in Japan

Japan based computer memory manufacturer Kioxia Holdings Corp has entered into a partnership with Western Digital Corp. (WDC) to jointly build a new flash memory fabrication plant in its plant in northern Japan. This development was revealed by an insider source involved in the matter who disclosed that the project will require an investment of […]

China’s Annual Smartphone Shipment Declines by 31.8%

On March 21, the China Academy of Information and Communications (CAICT) released a report showing that shipment of smartphones within China declined to 31.8% year-over-year to 14.5 million for the period ending February. This significant decline can be attributed to the global computer chip shortage which has been affecting the tech and car industry most. […]

Volvo Partners With Starbucks for Pilot EV Charging Network

Car maker Volvo Cars USA (STO: VOLVb) has entered into partnership with American chain of coffeehouses and roastery reserves Starbucks Corp. (SBUX) to create a public electric vehicle charging network a project slated to begin this summer. Volvo says that the pilot installation will include around 60 Volvo-branded ChargePoint DC fast chargers which will be […]