Deal delayed
The biggest deal in Nvidia's history and one of the biggest in the tech industry, Nvidia's merger with UK-based Arm, could be delayed indefinitely because of China's antitrust investigation. Since Arm has subsidiaries in other countries...
Negotiations to supply batteries
Apple is in talks with CATL and BYD to supply batteries for its future electric cars, according to media reports. The main obstacle may be Apple's requirement that the batteries for the Apple Car be manufactured in t...
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 ...
Sotheby's auction
A gold coin and five stamps of the famous New York philatelist and numismatist Stuart Weitzman went under the hammer at a Sotheby's auction for more than $32 million, according to the auction house website.
Tue...
Japanese stocks
Japanese stock indices ended the session in negative territory on Wednesday amid profit taking in the trucking and semiconductor sectors. Investors are focusing on US inflation data as it could affect how soon the Federal Reserve wil...
Contrary to negative forecasts
Tesla sold 29.5% more electric cars made in China in May than in April, with sales to Chinese customers jumping 88%, according to the China Passenger Car Association.
...
WWDC 2021
Apple unveiled several new features at its annual developer conference, WWDC 2021, that ensure the privacy of user data. The event was streamed on the company's website.
For example, the Mail Privacy Pro...
Cryptocurrency markets
Fraud is thriving in cryptocurrency markets as bitcoin's rapid growth, lack of regulation and the anonymity of digital assets have created a breeding ground for cybercriminals. 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...
G7 agreement
The G7 countries this weekend signed an agreement on a minimum global tax of 15% for large companies. It is expected to affect companies such as Google and Facebook, and make it harder to evade higher taxes through offshore co...
NYSE premarket
Tesla (NASDAQ:TSLA) shares fell 0.5% on the New York Stock Exchange premarket after CEO Elon Musk announced on Twitter (NYSE:TWTR) that the electric car maker has halted production of the Model S Plaid Plus, which was expected to be T...
iPhone for a subscription
AT&T, Verizon and T-Mobile are seeking to reach a larger audience of loyal customers with expensive subscriptions that include 5G. Competing companies have returned to providing smartphones for free or at a discount in ...
Inflation in the world
The Organisation for Economic Co-operation and Development (OECD), which has 36 member countries including the US, Canada, the UK and Germany, reported a rise in inflation to 3.3% in April, the fastest...
A paid version of Twitter Blue
Twitter on Thursday said it had launched its paid version of Twitter Blue, which gives the ability to edit or delete a tweet within 30 seconds of it being posted and other features for ease of use.
Twitter&n...
Working after a cyber-attack
Meat processing company JBS has fully restored operations at all its facilities following a cyber attack. The company said in a statement published on its website on Thursday....
Artificial intelligence
McDonald's has announced that it will begin testing artificial intelligence technology for customer service on McDrive at 10 restaurants in Chicago. Using a voice assistant instead of staff will allow McDonald's to reduce cos...
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...
Stock rises
Shares in Zoom Video Communications rose after the company reported earnings and revenue above analysts' average estimates and raised its full-year financial forecast. Zoom added about 30,000 customers during the quarter, indicating a mo...
Trump International Hotel rights sale
The Trump Organization, owned by former US President Donald Trump's family, has once again put up for sale the lease rights to Washington's Trump International Hotel. This was repor...
Attack on JBS company
Specialists at meat processing company JBS are successfully dealing with the aftermath of the cyber-attack and most of its facilities will be operational on Wednesday. This was said in a ...
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