COVID pandemic in the US
US federal authorities are sending medical teams to various parts of the country where new outbreaks of COVID-19 have recently been observed. This was reported by Bloomberg news agency on Thursday, citing administration offi...
Boeing and Airbus dispute
The European Union and the U.S. have reached an agreement to end a long-running trade dispute over Boeing and Airbus that has resulted in more than $10 billion in reciprocal customs duties...
Shares have risen 15-fold
Shares in small Danish firm Orphazyme surged almost 15 times in value during Thursday's trading session on New York's Nasdaq electronic exchange. As Bloomberg reported on Friday, representatives of the f...
Buying bitcoins
Analyst software maker MicroStrategy has raised its plan to raise $100m to $500m in light of the high oversubscription of its latest bond offering, Bloomberg reports.
The company intends to use the funding to buy bitcoin. According ...
Takeover bid
Nvidia (NASDAQ:NVDA) has filed an application with Chinese antitrust authorities to review a $40 billion takeover of UK chip developer Arm, currently owned by Japanese tech giant SoftBan...
New features for communication
Facebook on Wednesday held an "F8 Refresh" conference for software developers at which it unveiled new features for sharing business messages on Instagram and WhatsApp. Facebook aims to ma...
Tax rate increase
President Joe Biden is preparing to propose next week an increase in the basic tax rate for millionaires, raising it from 20% to 39.6% to fund a new government programme, the American Family Plan, which cou...
Contract to Sony
Netflix shares rose 1.4% on Thursday after the company announced a long-term contract from Sony Pictures Entertainment that will see both older films from the movie studio and 2022 releases appear on its streaming platform...
Buying Discord
Microsoft is in talks with Discord, whose app allows people to communicate through video games and can also be used in business, education, tourism, etc.
Microsoft (MSFT) is in talks to acquire ...
New drug from COVID-19
Vir Biotechnology (NASDAQ:VIR) shares jumped more than 30% in trading in New York.
Shares rose after the company said its experimental treatment COVID-19, being deve...
Elon Musk's fortune
Earlier, the entrepreneur's fortune in terms of his ownership stake in Tesla had fallen by $27bn.
Shares in the Tesla company owned by Elon Musk continue to rise significantly in trading on Wednesday, boosting the entrepreneur's...
Vaccine supply blocked
The shipment in question is 250,000 doses. The Foreign Ministry believes that it is too large compared to the number of doses supplied to other EU countries. Italy be...
Hacking attacks
According to Microsoft, hackers used the Exchange Server to try to obtain information from a number of companies in the United States. The corporation believes the Hafnium group, allegedly sponsored by Chinese authorities, is behind ...
Facebook ad blocking
A ban on political advertising imposed before the US presidential election hit paid posts raising awareness about COVID-19. Facebook acknowledged the problem and promised to restore&n...
Companies spent money on a campaign against the Contractor Qualification Act and now want their money back
Uber, Lyft, DoorDash, Instacart and Postmates all raised prices. Also, companies need extra money to pay for the Proposition 22 measure under ...
Negotiations by the companies
Hyundai and KIA Motors (KS:000270) have denied media reports that they are allegedly in talks with Apple (NASDAQ:AAPL) to develop autonomous electric cars.
The South Korean carmaker notes that it has received requests ...
Project closure
Alphabet, Google's parent company, is shutting down its Loon high-altitude balloon internet transmission project. Loon CEO Alastair Westgarth wrote this on the company's blog. Also, he said: "Although we have found a number of partne...
Accessing the account
Twitter has blocked the account of the Chinese embassy in the US because of an offensive post about Uighurs. This was reported by Bloomberg.
The embassy's page said that thanks to the Chinese authorities policies, Uighur women...
Affirm quotes
US-based Affirm Holdings, which provides installment loans to online buyers, priced its initial public offering above the market range to raise $1.2bn, Bloomberg writes. The offering was led by Morgan Stanley, Goldman Sachs and Allen C...
U.S. stock indices rise
Major US stock indices rose on Thursday and ended trading at record highs. The Nasdaq ended trading above 13,000 points for the first time.
The US trade deficit in November 2020 widened to its highest since August 2006 at $6...
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