There is an apparent discrepancy about the details of the deal that as struck between the Chinese tech company ByteDance an American companies Oracle and Walmart over the divestment of the Chinese firm owned short video sharing app TikTok with both parties issuing conflicting statements on the matter on Monday. The two American companies had…
Following accusations by a short seller against the hydrogen and electric truck startup Nikola was misleading investors and overstating the value of a business deal, the company’s founder Trevor Milton has voluntarily stepped down as the executive chairman of the startup. Nikola said in a statement on Sunday that Milton has also resigned from the…
The decision of the United States government to impose a ban on the Chinese owned messaging and payments app WeChat has been clocked by a judge in eth US Serious questions related to the constitution’s first amendment, guaranteeing free speech were raised by the ban, said US Magistrate Judge Laurel Beeler. Starting last Sunday, a…
An open letter signed members of parliament of the United Kingdom, academics and children’s-rights advocates have urged tech firms to stop advertising to its users who are under the age of 18 years. The letter says that it is not only n individual’s privacy that is undermined by behavioural advertising but it also pits “susceptible”…
Google’s YouTube is here with its own version of the popular video sharing app TikTok. The launch of Shorts, its new short-form video feature, was announced by the Google-owned company earlier this week. The first place where YouTube intends to launch the early beta version of the product is India where the government had banned…
He had heard that Oracle Corp was very close to a deal over ByteDance’s TikTok, said United States President Donald Trump on Tuesday even as reports quoted sources that the Chinese owner of TikTok was seeking to hold on to a majority stake in the US business of its popular short video sharing app. …
An upsurge in its number of users during the novel coronavirous pandemic for its Switch Online subscription service was reported by Japan’s gaming company Nintendo on Wednesday. The company said that the surge in demand for its services was led by hit titles such as Animal Crossing: New Horizons. This has helped the company to…
The times when people looked at vinyl records as a thing from the past that carried nostalgic memories seem to have gone now. Fort the first time since the 1980s, the sales of vinyl records has over taken the sale of CDs in the United States so far this year. In the first half of…
A settlement amount of $1.5bn has been agreed to be paid by German automaker Daimler AG and its subsidiary Mercedes-Benz USA to the United States government and California state regulators towards settling of charges against it to cheating emission tests. Charges of violating environmental laws through the use of the so-called “defeat device software” to…
United States based global retailers Amazon currently possess about 33,000 job openings for corporate and tech roles in the company. And part of that is expected to be filled up by the company through a Career Day which, the company has said, will be held on September 16. It ill be open for everyone who…
