A letter posted by a trade body shows, major news publishers seeking more favorable terms from Apple Inc on commissions it collects from them through its app store. The letter, addressing Apple’s CEO Tim Cook, was posted on the website of Digital Content Next (DCN) which represents the Wall Street Journal, the New York Times…
Chipmaker Analog Devices Inc has forecast its fiscal fourth quarter revenue above analysts’ prior estimates in spite of an anticipated slowdown in the sales of chips for 5G networks. The chipmaker has forecast $1.44 billion for its fiscal fourth-quarter revenue, plus or minus 10%, and adjusted earnings per share of $1.32 per share, plus or…
In a joint statement, Japanese carmaker Subaru Corp and chip maker Xilinx Inc said, the Japanese automaker will use Xilinx’s chip to power a new driver-assistance system which will enable drivers to go hands-free during traffic jams, among other new features. Subaru’s upcoming midsized hatchback Levorg will use Xilinx’s “Zynq” chips to provide a new…
United States president Donald Trump has put his weight behind the U.S. enterprise software giant Oracle for purchasing the US business of he popular video sharing app TikTok. When asked if Oracle would be a good buyer for TikTok, TRumnp said that the Americna company is “a great company”. There were reports at the end…
Adding on to the series of actions being taken by government around the world against Chinese tech giants, iQiyi and Tencent will be banned operating streaming video services in Taiwan. According to a government notice published online Tuesday, partnering with local Tiwanese broadcasters and distributors to provide their video content through streaming services, Tencent Video…
In a significant win for Finnish telecommunication equipment maker Nokia, a German court has ruled against Daimler over patent licensing fees with the judge saying the carmaker had not made a serious attempt to resolve the issue with Nokia. The litigation underscores a wider battle with tech companies and carmakers over royalty payments for technologies…
Starting November 30, its workplace chat software Teams of Microsoft will no longer be available on Internet Explorer (IE), the company has announced. This will also include the Office products which will no longer work on IE starting August 17, 2021. Analysts view this as a major decision by Microsoft as this adds yet another…
A federal court in the United States has been approached by the US banking giant Citigroup seeking an order to force the hedge fund Brigade Capital to return about $176m that had been “mistakenly” given by the lender. The money demanded is a part of a total of $900m that had been accidentally transferred to…
In a significant development, the Trump Administration announced that it will further tighten the screws on Huawei Technologies Co, and crack down on its access to commercially available semiconductors. The development underscores the U.S. Commerce Department’s intent to expand restrictions that were announced in May 2020 which were aimed at preventing the Chinese company from…
According to sources briefed on the matter at hand, Oracle Corp has had preliminary talks with ByteDance, TikTok’s owner, and was seriously considering purchasing the app’s operations in the United States, Australia, Canada, and New Zealand. Earlier this month, Twitter Inc had expressed an interest to acquire TikTok’s U.S. operation and had approached ByteDance for…
business-gurus.com 