Friday, November 22, 2019

SoftBank plans to lend $20 billion to its CEO and employees amid volatile markets

SoftBank is planning to lend $20 billion to its employees, including the CEO Masayoshi Son, with the hope that the employees will reinvest the...

“Enough is enough”: Apple files lawsuit against Corellium for copyright infringement

Apple filed a lawsuit suit on Thursday in the Southern District of Florida Florida against Corellium - a company that creates virtual versions of...

Walmart shares rise on strong earnings despite recession signals in the U.S

Figures released on Thursday by Walmart calmed investors worried the US economy could fall into a recession.Sales at many of Walmart’s US stores increased...

U.S retail giant, Macy’s has lost nearly 60% of its stock market value. Here...

Macy's, the largest U.S. department store operator, has lost nearly 60% of its stock market value this year.The Cincinnati, Ohio-based retailer's stock declined as much...

Hackers can turn your headphones into ‘acoustic weapons,’ expert warns

All your internet-connected devices – phone speakers, computer, and other devices connected to internet can be hacked and used to wreak havoc on your...

Verizon is selling unprofitable Tumblr to the owner of WordPress for a paltry amount

Verizon is finally ‘offloading its unprofitable’ blogging site Tumblr to WordPress owner Automattic Inc, the company announced on Monday.Verizon had reportedly been looking for...

Facebook offers ‘millions’ of dollars to publishers for their news

Facebook is currently in talks with some news publishers, offering them “millions of dollars” to obtain rights to publish their material on its site,...

Pound will continue to fall and could reach parity with dollar after no-deal Brexit...

Former head of the UK civil service, Lord Kerslake, has warned that British pound will continue to fall in value and could reach parity...

Russian anti-monopoly watchdog begins Apple investigation over abuse of market power

Anti-monopoly watchdog in Russia Thursday announced they are investigating Apple following a complaint from cybersecurity company Kaspersky Lab which alleged that Apple is abusing...

Uber reports massive $5.2 billion loss in second quarter 2019

Against expectations of many analysts, American multinational transportation network, Uber on Thursday reported a very disappointing second-quarter loss. Following the announcement, the stock went...

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