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SoftBank plans to lend $20 billion to its CEO and employees...

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...

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...

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...

Verizon is selling unprofitable Tumblr to the owner of WordPress for...

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...

Apple offers $1.5 million reward for anyone who can hack their...

Apple has built a fortress around the iPhone, making iOS devices arguably the most locked-down devices accessible to millions of people.Apple blocked all loopholes such that...

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...

U.S ban cripples Chinese tech giant Huawei Technologies

Tech giant, Huawei Technologies has been badly hit by sanctions imposed on some Chinese companies by Trump’s administration.Huawei founder and CEO Ren Zhengfei revealed...

FedEx sues the U.S govt over ‘impossible’ export rules in Huawei...

FedEx has taken the US Department of Commerce to court for requiring it to enforce export bans with extra screening efforts.The delivery company issued...

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