Markets

YouTube Blocks Russia State-Funded Media Channels Across the World

Online video sharing and social media platform YouTube has blocked all Russia state-funded media channels from its platform all around the world. YouTube says it took this move due to a policy blocking content which denies, minimizes or trivializes well-documented violent events. YouTube’s parent company of Alphabet Inc. (GOOGL) says that unfortunate actions by Russia […]

Tesla Increases Prices of Model 3 and Model Y Cars

Leading United Sates based electric vehicle manufacturer Tesla Inc. (TSLA) has hiked prices of U.S-China made Model 3 and Model Y cars. Citing updated information from the company’s website, U.S made Model Y SUVs and Model 3 Long Range sedans have each been raised by $1,000. The China made Model 3 and Model Y have […]

U.S Regulators Investigating Options Trade Gains on Microsoft-Activision Deal

United States Federal prosecutors and securities regulators are probing the large bets which Alexander von Furstenberg, David Geffen and Barry Diller made on trading shares of videogame maker Activision Blizzard Inc. (ATVI) back in January a few days before the company announced it had agreed to be acquired by Microsoft Corp. (MSFT). According to the […]

Adidas Appoints New China Head in Efforts to Revive Sales

German based designer and manufacturer of clothes, shoes and accessories Adidas AG (ETR: ADS) has appointed a new head in China as it seeks to revive sales in the world’s second largest economy. The company has appointed Adrian Siu, as the new chief in China with immediate effect starting from March 8. The new chief […]

Some Governments Wants Starlink to Block Russian News Says Musk

Elon Musk, the founder and CEO of SpaceX, which operates satellite internet constellation called Starlink claims that some governments wants Starlink to block Russian news from its broadband. Musk took on Twitter to make these revelations further claiming the governments involved do not include the Ukraine government. “Starlink has been told by some governments (not […]

CNN Set to Launch News and Entertainment Streaming Service CNN+

Leading American media company Cable News Network (CNN) has confirmed that it will be launching news and entertainment streaming service dubbed ‘CNN+’ later this month. The service will be launched at an initial discounted monthly subscription fee of $2.99. CNN will be offering the promotional price to those who sign up within the first four […]

Rivian Increases Vehicle Prices by 20% Cites Inflationary Pressure

U.S based electric vehicle manufacturer Rivian Automotive Inc. (RIVN) has increased its electric vehicle prices by 20% citing inflationary pressures and higher component cost. The company made this announcement which drew outrage from the customers on March 2. “Like most manufacturers, Rivian is being confronted with inflationary pressure, increasing component costs, and unprecedented supply chain […]

Toyota Getting Ready for its First Battery Electric Vehicle

Leading automobile manufacturer Toyota Corp. (TYO: 7203) is gearing up for its first Battery Electric Vehicle (BEV) the company is currently putting together all its efforts to make sure that its first mass market model is safer and lasts longer than those of their competitors in the industry. BEVs have been increasing their popularity across […]

Starlink Active in Ukraine After Russia Disrupts Internet Says Musk

Elon Musk, founder and CEO of SpaceX has confirmed that the company’s Starlink satellite broadband service is available and fully active in Ukraine following disruption of internet services to the European nation following invasion by Russia. Musk made the revelation as he was responding to a tweet by a Ukraine government official who wanted Musk […]

Lucid Recalling 203 Cars Citing Potential Safety Issues

U.S based electric vehicle manufacturer Lucid Group Inc. (LCID) says that it will be recalling over 200 cars of its premium sedan due to potential safety issues. The company made this announcement on February 3 which was followed by a slight share price plunge. According to the announcement, Lucid said there is a chance that […]