Markets

Micron to Stop DRAM Chip Design Operations in Shanghai this Year

U.S based manufacturer of computer memory and data computer storage Micron Technology Inc. (MU) will be discontinuing DRAM chip design operations in Shanghai before the year is over. The company made this announcement on January 26. According to the announcement, Micron will be closing its DRAM Engineering Group from its Shanghai Design Center next year […]

Bentley to Produce its First Electric Vehicle in 2025

Britain based manufacturer of luxury vehicles sand SUVs Bentley Motors Ltd will be producing its first electric vehicle in 2025. The automobile maker made this announcement on January 26 further adding that it has committed to invest $3.4 billion (2.5 billion) in sustainability over the next ten years. The automaker said it would reconfigure its […]

EV Maker Jidu Raises $400 Million in Fresh Funding Round

Jidu Automotive, the electric vehicle unit of Chinese technology company specializing in internet services and artificial intelligence Baidu Inc. (BIDU) announced having raised $00 million from its recently concluded financing round. Lead investors in the financing round included; Baidu and Zhejiang Geely Holding Group. There were no external investors who took part in this financing […]

Telenor Partners With AWS to Modernize its Telecoms Systems

Norway based telecommunications company Telenor ASA (OTCMKTS: TELNY) has entered into a partnership with Amazon Web Services (AWS) to speed up modernization of its telecoms systems which will boost the use of cloud technology to offer 5G and low-latency data services to professional clients. Telenor’s chief executive officer, Sigve Brekke, says according to this partnership, […]

Twitter Introduces Feature Allowing Users to Flag Misleading Posts

Micro blogging and social media platform Twitter Inc. (TWTR) has introduced a new feature which allows users to flag tweets which contain misleading information on its social media platform to Spain, Brazil and Philippines. The company unveiled the pilot test for this feature back in August last year as part of its efforts of minimizing […]

Apple’s Staff Will Now be Required to Present Proof of Booster Shot

Giant tech company and manufacturer of iPhone Apple Inc. (AAPL) will now require its employees to present a proof of having received a COVID-19 booster shot. This information was first published on The Verge who claimed to have sourced it from an internal memo from the company. According to the memo, starting from January 24, […]

Nigeria Finally Lifts Twitter Ban Following Agreement to Open an Office in the Country

Nigeria has lifted the ban it had imposed on micro blogging and social media platform Twitter Inc. (TWRT) following a fall out after Twitter deleted a post from President Muhammadu Buhari that threatened to punish regional secessionists back last year. Thereafter, the government of Nigeria banned the social network from operating in the country and […]

GM Recognizes Vehicle Emission Rules Set by California’s Authorities

Automobile manufacturer General Motors Co. (GM) said that it has agreed to recognize the vehicle emission rules put in place by California’s authorities under the Clean Act Air. GM says recognizing this rules will make it eligible to receive government fleet purchases from the state of California. The automobile manufacturer made this acknowledgment through a […]

Walmart Hiring 3,000 U.S Drivers to Expand Home Delivery Services

United States based retail company operating hypermarkets, discount stores and grocery stores Walmart Inc. (WMT) is set to hire more than 3,000 drivers in the United States so as to expand its home delivery services across the country. In addition, the company said it will be establishing a fleet of all-electric delivery vans to boost […]

Twitter Bans the Personal Account of U.S Representative Marjorie Taylor Greene

Microblogging and social networking platform Twitter Inc. (TWTR) announced having permanently banned the personal account of U.S representative for Georgia Marjorie Taylor Greene, @mtgreenee, for violating the company’s policies on misinformation about COVID-19. Not long ago, Twitter had issued a short-term suspension on Greene’s account due to tweets she had posted about COVID-19 which Twitter […]