Markets

Antitrust Regulators in EU Sends Questionnaires To Know Why And How Alphabet Inc (NASDAQ:GOOGL)’s Google Collects Data

EU antitrust regulators are not convinced that the $1.7 billion fine imposed in March 2019 on Alphabet Inc (NASDAQ:GOOGL)’ Google yields desired results. Google hit with a hefty fine because it abused its dominance to prevent the search ads of the peers on third party sites. The EU regulators launched a fresh investigation into the […]

The Takeover Of Beat Games Opens Up Opportunities For Facebook, Inc. (NASDAQ:FB) To Acquire Best Developers: Facebook Starts To Offer Quality Products In The VR Space

The recent takeover of Beat Games by the social media giant – Facebook, Inc. (NASDAQ:FB) offers myriad opportunities in the VR space. It could hire some best developers from across worldwide in return for a small amount of its stock. Mark Zuckerberg, CEO of Facebook, could start receiving significant contributions from such developers in a […]

Apple Inc. (NASDAQ:AAPL) Partners With Chinese Manufacturer – Luxshare-ICT To Double The Production Of Airpods Pro Units To Two Million Monthly

Amid Donald Trump proposes to impose additional tariffs on Chinese imports, Apple Inc. (NASDAQ:AAPL) is looking to double the production capacity of Airpods Pro to meet the growing demand. The company entered a deal with Luxshare-ICT, a Chinese manufacturer, to ramp up the production of its popular Airpods pro and Airpods to two million a […]

Macy’s Inc (NYSE:M) Announces Data Breach Between October 7 and 15, 2019: Macy’s Notifies Affected Customers Promptly, Causes Nervousness To Online Shoppers

Macy’s Inc (NYSE:M) has announced that its shopping site has experienced a data breach for one week (between October 7 and 15, 2019) just before the beginning of the holiday season. The share of Macy’s traded at $15.32 (down 1.03%) on November 29, 2019. It expects to persuade other online shoppers to refrain from online […]

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s Innovative Threadripper Chips Cause Sweat To Intel Corporation (NASDAQ:INTC)

Advanced Micro Devices, Inc. (NASDAQ:AMD) is racing ahead with the introduction of the latest processors that boasts more cores, improved architecture, enhanced performance, and higher clock speeds. The company introduced Zen 2 Ryzen processors (3rd generation), giving stiff competition to its rival Intel Corporation (NASDAQ:INTC). Ryzen 9 3900x chips Advanced Micro’s mainstream 16 and 12 […]

Facebook, Inc. (NASDAQ:FB) Fails To Win The Bid For Fitbit: Facebook’s Is Unsuccessful To Establish A Position In Health Tech And Wearables Markets

Facebook, Inc. (NASDAQ:FB) offered $7.3 for each share of Fitbit to establish a footprint in the health tech and wearables market. Its dreams are shattered with Google grabbing Fitbit by merely increasing the bid by $0.05 more for each share. Google paid $2.1 billion to take over Fitbit. In 2018, the total revenues of Facebook […]

Alphabet Inc (NASDAQ:GOOGL)’s Google And Apple Inc. (NASDAQ:AAPL) Considers Interests Of Russia And Accommodate Annexation Crimea In Maps

Top tech companies offer unbiased services that include search function or maps. But, Alphabet Inc (NASDAQ:GOOGL)’s Google and Apple Inc. (NASDAQ:AAPL) favored Russia and accommodated annexation of Crimea from Ukraine in their maps. Russia annexed Crimea in 2014 Russia took control of the Black Sea’s northern side in 2014. It has taken over Crimea from […]

Imerys (OTCMKTS:IMYSF) To Sell Businesses Associated With Johnson & Johnson (NYSE:JNJ) Lawsuit

Imerys SA (OTCMKTS:IMYSF) is considering various options for its North America talc unit that recently filed for bankruptcy. The unit file for bankruptcy following a series of cancer lawsuits linked to the Johnson & Johnson (NYSE:JNJ) baby powder. Imerys considering selling North America Talc Businesses According to people familiar with the matter, the company is […]

Amazon (NASDAQ:AMZN) Refutes Claims Of Its Warehouses Harming Communities Housing Them

Amazon (NASDAQ:AMZN) for long has hyped the thousands of jobs it created. However, these jobs are coming at a cost or communities where the company establishes its fulfillment centers. Amazon denies allegations that its fulfillment centers are unsafe According to research and the recent launch of Athena, there are growing concerns about the impact of […]

Archana Vohra Of Facebook, Inc. (NASDAQ:FB) Says Facebook Partners With Fireside Ventures, Sauce. VC, SAIF Partners To Upskill And Mentor SMEs

Facebook, Inc. (NASDAQ:FB) is partnering with venture capital funds such as Sauce VC, Fireside Ventures, and SAIF partners to upskill and mentor medium and small enterprises in India. Director (Small and medium enterprises) of Facebook, Archana Vohra, said the company wants to deepen its ties with the government for significant empowerment and financial inclusion for […]