Markets

Bozoma Saint Named New Netflix Chief Marketing Officer

Leading production and media services company Netflix Inc. (NFLX) has named Bozoma Saint John as its new chief marketing officer. Bezoma will take over the office in August. This move will for sure makes the company look better as it has added a high profile black executive to senior management a time when global protests […]

Google Pushes Office Re-opening to September due to Increase in New Infections

Leading search engine Google has announced having postponed its U.S offices reopening dates to September. The company had initially anticipated opening the offices on July but it says a rapid increase in coronavirus infections has pushed it to extend the reopening date. The spokeswoman of the Alphabet Inc. (GOOGL) owned company said all the company’s […]

Pepsi Quits Advertising on Facebook

Beverage and snack company PepsiCo Inc. (PEP) has joined the band wagon becoming the latest entry in the list of high profile companies ditching advertising on Facebook Inc. (FB) platforms. These companies pulling off from advertising from Facebook are accusing the giant social network of not doing enough to minimize and control spread of hate […]

Once Again Walt Disney Postpones Release of Mulan

Walt Disney Co. (DIS) announced having postponed live action release of widely watched classic animation ‘Mulan’. Disney pushed the release to August 21 further saying it will be a blow to theater operators who were looking forward for live release of the blockbuster animation. Initially, Mulan was set to premiere in March but due to […]

Hyundai and LG Chem Might Build an EV Battery Plant in Indonesia

South Korea based auto manufacturer Hyundai Motor Group (KRX: 005380) and largest South Korean chemical company LG Chem might be building an electric vehicle battery manufacturing plant in Indonesia anytime soon. Insider sources involved with the matter revealed the two companies are almost reaching an agreement on the upcoming joint venture. More precise details about […]

Going Forward Apple Will be Using its Own Chips for Mac Computers

Leading tech giant Apple Inc. (AAPL) has announced that henceforth it will be using its own chips for its Mac computers. The company says first Mac computers using these chips will be produced before the year wraps up. The switch over will put an end to the 15 years Apple has been using chips from […]

Racism Concerns Pushes Pepsi to Drop Aunt Jemima Branding

Racial discrimination and racial inequality uproar has pushed PepsiCo Inc. (PEP) to dropping branding image of its Aunt Jemima pancake mix and syrup. With regard to demonstrations and protests against racial discrimination which have been continuously running across U.S, Pepsi have found itself on the receiving end after being accused of being racially biased in […]

Google Warned Against Fitbit Acquisition

Leading online search engine Google has been warned by Australian Competition and Consumer Commission (ACCC) against its planned move of acquiring San Francisco based fitness tracker maker Fitbit Inc. (FIT). According to the regulator, this deal might hurt healthy competition in health and online advertising markets in addition, it will end up giving Google a […]

Amazon Will be Using AI to Enhance Social Distancing Among Workers

Leading e-commerce company Amazon Inc. (AMZN) has announced that it will be using Artificial Intelligence to enhance social distancing among its employees especially those working in the warehouses. The company said this during an event where it unveiled an artificial intelligence tracking system set to assist in enhancing social distancing among warehouse and office employees […]