Markets

IPhone manufacturer and giant technology company Apple Inc. (AAPL) has been asked by more than 90 policy and rights groups through an open letter to drop its plan of scanning children’s messages for images portraying nudity and adults phones for sex child abuse images. “Though these capabilities are intended to protect children and to reduce […]

San Diego based software development company Seismic Software Inc. announced having raised $170 million from its recently concluded financing round which leaves the company with a market valuation of $3 billion. The company is largely involved in making software that helps sales people engage more efficiently with buyers. The company has a client base of […]

Social media pioneer Facebook Inc. (FB) might be forced to sell its GIF website Giphy after an investigation by Britain’s antitrust regulator Competition and Markets Authority (CMA) found out that the deal between the companies could possibly harm competition in display advertising. The market regulator revealed its findings on August 11, further adding that it […]

Semiconductor computer circuit manufacturer Intel Corporation (INTC) has lost a court case in which it sought to overturn a $2.18 billion patent infringement payment to designer and manufacturer of custom and semi-custom integrated circuits VLSI Technology LLC. U.S. District Judge Alan Albright in Waco, Texas, turned down Intel’s motion seeking to overturn the payment which […]

Giant online retailer and technology company Amazon Inc. (AMZN) says that it will be paying customers who suffer injuries or property damages due to defective goods sold on its United States platform. The company announced this following introduction of a new policy that could reduce litigation, however, Amazon insists it does not admit liability. Over […]

Giant social media company Facebook Inc. (FB) is being pushed by lawmakers to give answers to why it disbanded accounts of researchers conducting studies on political ads on its various social media platforms. The leading social network said it had brought down some personal accounts and access to a group of New York University researchers […]

Leading e-commerce giant and technology company Amazon Inc. (AMZN) has issued fresh orders for its United States based employees directing them to mandatory wear masks when at work regardless of whether one is vaccinated or not. The company makes this announcement at the wake of the deadly Delta variant which is proving to be more […]