More Than 90,000 Cars Were Delivered By Tesla In The Last Quarter

While the novel coronavirus pandemic related economic and business hit has impacted the global auto makers. The impact has not been as bad as the other for the United States based electric auto maker Tesla in terms of the company’s sales and production. During the latest completed quarter, the electric car making company delivered 90,650…

Boycott Of Facebook By Advertisers Will End ‘Soon Enough’: Mark Zuckerberg

Facebook co-founder and CEO Mark Zuckerberg has shrugged off suggestions of threat to the company because of a boycott of the largest social media platform by major advertisers in support of the company being forced to take a stronger stand on hate speech. Zuckerberg said that the advertisers will be back “soon enough”. The current…

Tesla becomes the most valuable automaker with market cap of $209.47 billion

Tesla has become the highest-valued automaker following a surge in the price of its shares which saw Tesla’s market capitalization overtaking that of former front runner Toyota Motors Corp. On Wednesday, Tesla’s shares touched a record of $1,133, boosting its market cap to $209.47 billion, around $6 billion more than that Toyota’s. Tesla’s market cap…

U.S. private equity group Carlyle to buy 25% stake Bharti Airtel Ltd’s data center arm for $235 million

On Wednesday, U.S. private equity group Carlyle stated, it has decided to purchase a 25% stake in Indian telecom firm Bharti Airtel Ltd’s data center arm for $235 million. The development marks the rapid growth of digital services in India. In a statement both companies said, the acquisition will provide Airtel’s Nxtra Data Ltd an…

Facebook Has ‘No Incentive’ To Allow Hate Speech, Says Its VP On Ad Boycott Campaign

With a growing list of corporate advertisers agreeing to join the #StopHateForProfit campaign aimed at pressurizing Facebook to take stringent measures to stop the spread of hate, the largest social media company of the world is facing an advertising boycott that is has never experienced in its recent history. Some of biggest advertisers on Facebook,…

Coca-Cola To Halt Paid Promotions On All Social Media Platforms Globally

All paid advertisements on all social media platform globally will be stopped for at least 30 days by Coca-Cola, the company has announced. In its statement however the company confirmed that it would not be joining the official advertisement boycott campaign of social media platforms by companies, but said “we are pausing” advertising. After the…