Markets

Less than a week ago, widely used social network Twitter Inc. (TWTR) was the talk of town after the platform was hacked by people who scammed cryptocurrency worth more than $100,000. The hackers were mainly targeting verified accounts, whereby they gained full access of famous people’s verified accounts and tweeted on their behalf scamming unsuspecting […]

Employment oriented online platform LinkedIn has said that it will be cutting down its global labor force by 6% which is equivalent to 960 employees. The company says the pandemic has reduced the demand of its job recruitment services. The platform is owned by Microsoft Corp. (MSFT) and it helps linking job seekers with potential […]

Short video sharing app TikTok has said that it’s considering shifting its headquarters to London. Internal sources involved with the matter said the company’s management has been engaging the UK government for months now. For the longest time now, the China based app has been trying to distance itself from China due to the increasing […]

U.S based mass media company New York Times (NYT) has said it will be moving part of its office in Hong Kong to South Korea’s capital Seoul. This resolution comes two weeks after China passed a new security law concerning the city. The media company claims its staff members in Hong Kong have been facing […]

Chief Executive Officer of Britain based BT Group (LON: BT), Philip Jansen, has cautioned Britain government against moving too fast to ban embattled Chinese tech giant Huawei Technologies from engaging in setting up 5G infrastructures across the country. Jansen is of the opinion that being in a rush to ban Huawei might bring up some […]

Widely used social media network Twitter Inc. (TWTR) pulled down an image tweet posted by U.S President Donald Trump after receiving a copyright complaint from mass media company New York Times Co. (NYT). The tweet in question was posted by Trump on June 30 having his picture at the background and an attached meme reading […]