Apple Rivals Playstation, Xbox, And Nintendo, Says The iPhone Maker

In terms of gaming platforms, the products of Apple rival those from with Sony Playstation, Microsoft Xbox, and Nintendo, according to a regulatory filing released on Friday. Apple has stated earlier that it competed for software developers’ attention and rivalled with Google’s Android and Microsoft Windows. However, recently it has been revealed that Gaming applications…

Advertisement

Toyota To Launch Its First Of EV-Only Bz Series As It Aims To Cut Costs And Achieve Scale

The driving range on s single charge and other features of its bZ4X sport utility vehicle (SUV) was disclosed recently by Japan’s Toyota Motor Corp. This is the first in a series of electric-only models of the vehicle being manufactured by Toyota and the company has set a target of launching the vehicles globally to…

Amazon Owns 20% Of Electric-Vehicle Maker Rivian, Filings Show

A significant stake in Rivian Automotive, a start-up that develops electric cars, including Amazon’s commercial delivery vans, was revealed by the retail giant on Friday. According to an SEC filing, Amazon has equity assets “including preferred shares of Rivian Automotive, Inc. reflecting an approximately 20% ownership stake” with a carrying value of $3.8 billion as…

Hershey Raises Its 2021 Outlook Over Halloween Sugar Rush

After reporting better-than-quarterly expected results, Hershey Co. raised its annual sales and profit estimates on Thursday, driven by expectations of high demand for its chocolates and sweets during the “biggest ever” Halloween season. After the epidemic halted trick-or-treating gatherings last year, demand for the company’s products such as Reese’s Peanut Butter Cups and KitKat chocolates…

Amid The Global Chip Shortage Smartphone Market Share Being Gained By Apple

The iPhone maker Apple Inc has been able to fare the global semiconductor shortage much better than other mobile phone makers and has as a consequence been able to claw into the other mobile phone makers of its competitors, as is evident from analysis of data providers. According to data from market research firms Counterpoint,…

Facebook Name Change a Branding Exercise? No Changes Will Happen For Facebook Users

Facebook, the world’s largest social networking platform, has changed its company name to Meta pot Meta Platforms in an apparent surprise decision. Mark Zuckerberg, co-founder and CRO of Facebook, announced the new platform, which would bring together apps and technology under one unified business identity. However, for users of the company’s social media services –…

Google Smartphones To Be Launched By India’s Reliance Jio For About $87

Reliance Industries said on Friday that its low-cost 4G smartphone, created jointly by the Indian group’s Jio telecommunications business and Alphabet’s Google, will be available in stores starting this Diwali season for 6,499 rupees ($87). Reliance said in a statement that the smartphone, which is the result of a $4.5 billion Google investment in Reliance’s…

Washington Lobbyist Podesta Was Paid $1 Million By Huawei – Reports

Democratic lobbyist Tony Podesta was paid $1 million by Chinese telecommunications company Huawei for trying to influence the Biden administration on its behalf, claimed reports based on information sources in Washington. The reports claimed that the amount paid by Huawei to the lobbyist was double of what had been reported publicly. In a third-quarter lobbying…

Twitter’s Third Quarter Profits Slide As It Settled A Long-Running Lawsuit

After paying $809.5 million to resolve a long-running lawsuit, more than $500 million was lost by the social media company Twitter in the three months ending September. In 2015, accusations of deceiving investors about user engagement were leveled against the social media behemoth. The quarterly sales revenues of the company increased by 7 per cent…