Markets

Facebook Inc. (NASDAQ:FB) Takes Steps To Remove “Deepfake” Videos But Legislators Say It’s Not Enough

Facebook Inc. (NASDAQ:FB) indicated strategies they have taken to prevent the spread of false information on its platform. The changes include the removal of “deepfake” videos as well as other manipulated videos. Facebook to remove manipulated and “deepfake” videos Despite the initiatives, US lawmakers are, however, not convinced, and they indicated that the changes did […]

AbbVie Inc (NYSE:ABBV) Plans To Keep Allergan’s (NYSE:AGN) Aesthetic Business As An Independent Unit

AbbVie Inc (NYSE:ABBV) and Allergan Plc (NYSE:AGN) have been working on the finer details of their $63 billion merger. The company has come up with an integration plan, and it is planning to keep Allergan’s aesthetic business as an independent unit. AbbVie to keep Allegan Aesthetics as an independent unit The Allergan Aesthetics unit will […]

Yum! Brands Inc. (NYSE:YUM) To Acquire Habit Restaurants Inc. (NASDAQ:HABT) For $375 Million

Yum! Brands Inc. (NYSE:YUM) has signed a definitive agreement to buy Habit Restaurants Inc. (NASDAQ:HABT) for $375 million. This move will enable YUM Brands to expand its reach to more customers. Although it’s entering a competitive space, it can nonetheless leverage its knowledge of its customers to establish new Habit Locations. Yum Brands adds The […]

Delta Air Lines, Inc. (NYSE:DAL) Allows Travelers To Pay For LYFT Inc (NASDAQ:LYFT)’s Rides Using SkyMiles: Delta Sends Messages To Travelers When To Board

Delta Air Lines, Inc. (NYSE:DAL) is allowing its travelers to pay for LYFT Inc (NASDAQ:LYFT )’s rides using their SkyMiles. The company is also updating its apps to provide instant messages to the travelers to plan when to call for a cab or when to stand in a queue to board the flight. Its app […]

Sprint Corp (NYSE:S) Will Shutdown Virgin Mobile USA And Transfer Existing Customers To Boost Mobile

Sprint Corp (NYSE:S) announced plans to shut down Virgin Mobile USA beginning February 2, 2020, and transfer the existing subscribers to Boost Mobile. However, the customers will enjoy the same level of support and quality signals and pay the same tariff post-migration to Boost Mobile. Retain the same phone According to a communiqué from Sprint, […]

Amazon.com Inc.’s (NASDAQ:AMZN) Fire TV Monthly Active Users Pass 40 Million Topping Roku Inc.’s (NASDAQ:ROKU)

Amazon.com Inc. (NASDAQ:AMZN) has announced that its Fire TV platform has surpassed 40 million monthly active users. This is an increase from the 34 million users the company reported in May last year and tops Roku Inc.’s (NASDAQ:ROKU) 32.3 million active users reported in November. Amazon Fire TV active accounts exceed Roku’s by 7.7 million […]

Xerox Holdings Corp (NYSE:XRX) Secures Financing $24 Billion For Proposed Acquisition of HP Inc. (NYSE:HPQ)

Xerox Holdings Corp (NYSE:XRX) has announced that it has secured financing of around $24 billion for its proposed $33 billion acquisition of HP Inc. (NYSE:HPQ). HP is opposing the deal, and in November, it turned down Xerox’s offer of $22 per share, saying that it undervalued the printer and copier maker. Xerox took acquisition proposal […]

Uber Technologies Inc. (NYSE:UBER) Secret “Project Luigi” A Way Of Bolstering Its Argument Against Gig-Worker Law

Uber Technologies Inc. (NYSE:UBER) drivers in California received a new feature last month that enables then see the destination of the passenger before accepting the trip. This implies that the drivers get to know how much they can make from a trip and reject those that are not worthwhile. Uber drivers to see fare estimates […]

Microsoft Corporation’s (NASDAQ:MSFT) November Windows 10 Update Still Has Vulnerabilities

It seems that Windows 10 is still having issues that it faced in 2019, and now Microsoft Corporation (NASDAQ:MSFT) is asking users to update their operating systems because of vulnerabilities. In 2019 Windows 10 had a series of issues that ranged from limiting to frustrating and chaotic. Equally, Microsoft was hit by a whistleblower who […]

Microsoft (NASDAQ:MSFT) Rivalling Amazon (NASDAQ:AMZN) In The $266 Billion Cloud Computing Market

For quite some time, Amazon.com, Inc. (NASDAQ:AMZN) has been the main player in the cloud computing market. However, there is growing competition in the market from the likes of Microsoft Corporation (NASDAQ:MSFT) that want a piece of the $266 billion cloud market. Amazon wary of growing competition in the cloud business Currently, Amazon faces pressure […]