Trump Was Reportedly Warned By Mark Zuckerberg Of Rise Of Chinese Tech Firms

According to a report published by The Wall Street Journal, citing information from people familiar with the matter, United States President Donald Trump was warned by Facebook CEO Mark Zuckerberg at a White House dinner last October about the potential and direct threat to the US business being posed by growth of Chinese tech firms.…

Microsoft Supports Epic In Court Filing Against Apple Over Fortnite Row

In the recently started legal battle between American tech giant Apple and game developer Epic Games, Microsoft has sought to lend its support to the game maker. Last week, the hugely popular game ‘Fortnite’ of Epic Games was removed from its app store by Apple over charges that it had deliberately violated Apple’s policies for…

Apple Korea offers $84.02 million to settle antitrust probe

On Monday, South Korea’s competition watchdog stated, Apple’s Inc South Korean unit has put forwards proposals to address antitrust concerns and has offered $84.02 million (100 billion won) in support programmes to small small businesses, consumers and others. The development comes in the wake of Apple Korea being investigated by the Korea Fair Trade Commission…

Facebook To Grant $40 Billion To Pandemic Hit Black-Owned Businesses

As a part of its broader initiative to help Black communities, which it announced in June, the social media company Facebook will give away $40 million in grants to Black-owned businesses that have been hit by the novel coronavirus pandemic, largest social media company of the world said. The company said that the grant program…

Airbnb Pushed Ahead With Listing Despite Pandemic Hits

Despite the novel coronavirus pandemic wrecking havoc on the global tourism industry, the home-sharing business app Airbnb is still going ahead with its planned initial public offering and is preparing the paperwork for selling stock on Wall Street. The company has already submitted a draft registration statement to the Securities and Exchange Commission, said the…

After Record Alternative Meat Sale In 2019, Nestlé Launches New Plant Based Tuna

Last year, the sale of plant-based meat alternatives crossed 200 million Swiss francs ($218.7 million) for Nestle which has prompted the company to announce launch its first plant-based seafood alternative, a tuna substitute called Vuna. The company plans to first introduce the product in Switzerland later this month and later roll it out in other…

Tesla’s interactive, millimeter wave radar sensor can help prevent children being left behind in car, boost theft prevention systems

California based Tesla Inc has applied for permission from the Federal Communications Commission (FCC) to market a short-range interactive motion-sensing device that could help prevent children from being left behind in hot cars. The system could also help improve theft-prevention systems. Tesla aims to get permission for its devices, which will use unlicensed millimeter-wave sensors,…