YouTube suspends payments to 14 Brazilian channels over spreading fake news

In a statement YouTube said, it had suspended payments to 14 channels accused of spreading fake news on Brazil’s next year’s election by the country’s federal electoral court, the TSE. The bulk of these channels regular provide full support Brazilian President Jair Bolsonaro, a far-right former army captain who has been sowing doubts about the…

Western Digital in advanced merger talks with Japanese chipmaker Kioxia Holdings Corp

According to a source familiar with the matter at hand, Western Digital Corp is in advanced talks for a potential $20 billion stock merger with Japanese chipmaker and partner Kioxia Holdings Corp. The talks could potentially conclude in an agreement as early as mid-September in the event of which David Goeckeler, Western Digital’s CEO would…

Biden Administration approves Huawei to buy auto chips

According to two sources familiar with the matter at hand, the Biden Administration has approved license applications worth hundreds of millions of dollars for blacklisted telecom company Huawei to buy chips for its growing auto component business. While the Trump Administration had imposed trade restrictions on the Chinese company following non-compliance of US sanctions, the…

South Korea takes steps to curb Apple and Google’s dominance on commissions for developpers

On Wednesday, a parliamentary committee in South Korea voted to recommend amending a law – a key step in banning Google and Apple from forcibly charging software developers commissions on in-app purchases. The development marks the first such step by a major economy. The amendment will come to a final vote in parliament. Both US…

Group14 Technologies enters into battery material supply deal with Europe’s InoBat

In a statement Group14 Technologies said, it has entered into a battery materials supply agreement with Europe’s InoBat under a partnership to manufacture high-energy density cells for electric vehicles. Demand for high-capacity, lithium-silicon batteries has increased as manufacturers shift to electric vehicles to tap a rapid transition to cleaner sources of energy. InoBat, established in…

McDonald’s Corp promotes Morgan Flatley to global chief marketing officer in effort to drive digital sales

In a statement McDonald’s Corp said, it is promoting its U.S. marketing chief in an attempt to increase traction with younger customers through digital sales. McDonald’s Corp has promoted Morgan Flatley, who helped launch McDonald’s “Famous Orders” campaign with pop stars including South Korean boy band BTS and rapper Saweetie, will now become its global…