ByteDance Seeks Majority Ownership In TikTok As Trump Says Oracle Close To TikTok Deal

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.  …

Hit Games Like Animal Crossing Drive Surge In Nintendo’s Online Subscriptions

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…

Daimler To Settle US Emission Cheating Probes For $1.5bn

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…

US Retailer Kroger Forecasts Good Performance For 2020 With Consumrs Shopping Online More

With consumers choosing to eat more at home because of closure of offices and schools classes online because of the novel coronavirus pandemic, United States based supermarket chain Kroger Co beat estimates of the market as the company forecast full-year same-store sales and profit on Friday.   Kroger reported a 127 per cent increase in…

Facebook Won’t Remove Anti-Vaccine Posts Amid Covid Concerns, Says Mark Zuckerberg

Society as el know it will not effectively be destroyed by his social media network, “hopes” Facebook’s CEO, Mark Zuckerberg. It was “just wrong” to think that Facebook is driven by conservatives, Zuckerberg also said in a new interview tpo the media. “I don’t think that the service is a rightwing echo chamber,” Zuckerberg told…

A Fast Electric Car Charging Station Launched By Tesla In Berlin With More To Come

The working and efficiency of a new supercharger equipment developed and installed at its Berlin research campus was demonstrated by managers of the United States based electric car maker Tesla Inc on Thursday. The company said that more target cities were being looked at by it to attract potential buyers for this technology who are…

Following Overseas Xinjiang Backlash, Chinese Authorities Prevents Media Coverage Of Disney’s ‘Mulan’ In China

Following uproar over the link of the Walt Disney film of “Mulan” having links with the Xinjiang region, major media outlets have been ordered by Chinese authorities not to cover the release of the film, said reports quoting information from sources. High hopes for the film making bog in China had been pinned by Disney…