Political intelligence gathered from the databases of social media giants are the new tools for campaign strategists. In a first public view of how U.S. technology companies, including Google and Facebook, are yanking advertisements that break their online political ads rules. The duo also provided unprecedented insight into opponents’ online marketing, enabling them to capitalize…
The development is likely to make a significant dent in China’s ambition to become a global player in the semiconductor industry. The decision by the United States to cut off U.S. supplies to a Chinese chip-maker underscores growing tensions between the two countries over China’s ambition to become a global player in the computer chip…
Bank of America Merrill Lynch is said to be leading the deal according to sources. According to sources familiar with the matter at hand, Space Exploration Technologies Corp, also known as SpaceX, is looking to add $750 million in leveraged loans. Bank of America Merrill Lynch is leading the deal. A lenders presentation will be…
This second investment by Hyundai Motor Co in Grab underscores the strategic growing relations between the two firms and has long term implications. In a development that marks Hyundai Motor Co’s growing confidence on Uber, the carmaker has, once again, invested Singapore’s ride hailing firm Grab. Hyundai Motor Co’s investment of $250 million in Grab…
A drop in the sugar business of a parent company has been offset by the success of a discount store. This is what has happened with Primark – the discount store, and its parent company Associated British Foods. In the past financial year, ABF has registered growth in revenues and profits and has avoided a…
One of the largest gaming companies in the world owned by Tencent Holdings wants to react to the increasing government pressure and criticism on the issue of negative influence of prolonged exposure of children to video games and plans to make use of police data to identify minors and prevent them from spending long hours…
The lawsuit concerned the usage of 18 patents on Broadcom semiconductors which Volkswagen uses for navigation and entertainment system in some of its cars. According to a report from German magazine Der Spiegel, U.S. semiconductor maker Broadcom has filed a $1 billion patent claim against Volkswagen; it is also threatening to seek a judicial ban…
Federal authorities have issued a statement saying, “Americans should be aware that foreign actors, and Russia in particular, continue to try to influence public sentiment and voter perceptions through actions intended to sow discord”. Hours before U.S. voters went to polls, Facebook Inc has blocked 115 user accounts following a tip off by U.S. authorities…
DealWatch’s report, citing anonymous sources, have named Nomura Holdings, SMBC Nikko Securities, JP Morgan, Goldman Sachs, Deutsche Bank, among the global coordinators for whats is likely to be Japan’s biggest ever IPO on November 12. According to a report from DealWatch, citing unnamed sources, SoftBank Group Corp’s mobile unit is expected to win an approval…
Tesla plans on localizing production in China, to beat trade war related worries, including import duties, for its vehicles. In a strategic development aimed at reducing the prices of Tesla’s vehicles, the luxury carmaker stated, it plans on producing nearly 3,000 Model 3s per week from its Shanghai plant during the initial phase of its…
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