Sony Unveils Upgraded Subscription Service PlayStation Plus

Sony Group Corp. (TYO: 6758) has launched an upgraded PlayStation subscription service for its gaming console. The company says the upgraded PlayStation Plus service will be offering hundreds of recently released games including; ‘Spider-Man: Miles Morales’ for a flat monthly subscription fee when the service will be launched in June. Initially, the upgrade Playstation Plus […]

Apple to Scale Down Production of iPhone and AirPods Due to Decreased Demand

Leading tech giant focusing on consumer electronics, online services and software Apple Inc. (AAPL) is looking forward to cut down the production of iPhone and AirPods devices as the ongoing inflationary pressures are starting to affect the demand of consumer electronics. This was first reported on the Nikkei on March 28, according to Nikkei, Apple […]

U.S Adds Russia’s Kaspersky Labs to List of Firms Which Pose a National Security Threat

United States Federal Communications Commission (FCC) has added Russia’s AO Kaspersky Labs to the list of communication equipment companies which pose a national threat to the country. The FCC made this announcement at the end of last week also including two Chinese companies namely; China Mobile International USA (HK: 0941) and China Telecom Americas Corp. […]

Google Gives Spotify its Own In-App Payment Option as Part of a New Pilot

Android Operating system developer Google has given audio streaming and media services provider Spotify Technology SA (SPOT) its own in-app payment system in its Android app as part of a new pilot project aimed at countering high fees and allegedly anti-competitive concerns by app developers. Customers who have downloaded the Spotify app from Google Play […]

Uber Seeking Approval to Render its Services in Newly Opened Airport in Mexico City

Ride hailing company Uber Technologies Inc. (UBER) is seeking the necessary approvals from Mexican authorities to start offering its services to the newly opened airport in Mexico City which was officially opened at the beginning of the week. The airport is yet to pick up since it’s currently registering a few flights and lacks key […]

Okta Investigating Reported Digital Breach

Identity and access management company providing cloud services which help companies manage and secure user authentication into applications Okta Inc. (OKTA) says that it’s probing a report of a digital breach. The San Francisco based company made this announcement of March 22. Senior manager at the company Chris Hollis, acknowledged the company is fully aware […]

China’s Annual Smartphone Shipment Declines by 31.8%

On March 21, the China Academy of Information and Communications (CAICT) released a report showing that shipment of smartphones within China declined to 31.8% year-over-year to 14.5 million for the period ending February. This significant decline can be attributed to the global computer chip shortage which has been affecting the tech and car industry most. […]

Volvo Partners With Starbucks for Pilot EV Charging Network

Car maker Volvo Cars USA (STO: VOLVb) has entered into partnership with American chain of coffeehouses and roastery reserves Starbucks Corp. (SBUX) to create a public electric vehicle charging network a project slated to begin this summer. Volvo says that the pilot installation will include around 60 Volvo-branded ChargePoint DC fast chargers which will be […]

Tesla Hikes Car Prices For the Second Time in Less Than a Week

Leading electric vehicle maker Tesla Inc. (TSLA) is on the spot once again for increasing its car prices two times in a period of less than a week. This second increase comes just a day after the company’s founder and chief executive officer, Elon musk, said as a company they are facing a significant inflation […]

Tesla and SpaceX Facing a Great Infalation Risk Says Elon Musk

Elon Musk the founder and CEO of both Tesla Inc. (TSLA) and SpaceX believe that the two companies are both facing a significant risk of inflation arising from raw materials and logistics. Musk made this revelation on Twitter where he is mostly active. In his tweet, Musk also acknowledged it’s not his companies alone which […]