California’s Tesla to make molecule printers for German pandemic vaccine developer 04-07-2020 Global automotive industry leader Tesla Inc. boss Elon Musk said in a tweet on Wednesday night that the CA-based e-vehicle maker would develop molecule printers for a German vaccine developer CureVac
Facebook, Twitter, YouTube to face EU legislation on hate speech as broadcasters 04-07-2020 EU Commission said in a statement on Thursday that the social media tycoons would be treated as broadcasters of the contents posted on their platforms
Facebook hit with complaint alleging widespread bias against black workers 03-07-2020 A Black American Facebook employee had filed a lawsuit against Facebook Inc. later on Thursday claiming diversity and civil rights in the work-spaces
California’s Apple to reclose more stores in seven US states, bringing total to 77 03-07-2020 Apple Inc., the largest taxpayer in the United States had told in a statement on Wednesday that it was going to re-close more stores in seven US states
Ohio retailer Macy’s posts $4bn in quarterly losses, doesn’t expect another shutdown 03-07-2020 Macy's Inc., the century-old American brick-and-mortar store chain had reported a staggering loss of $3.58 billion at its fiscal first quarter of the year that ended on May 2nd
Menlo Park’s Facebook frustrates advertisers as 30-day ad boycott begins 03-07-2020 On Wednesday, over 400 advertisers including Coca-cola and Starbucks had started off a 30-day-long ad boycott campaign on Facebook's social networking platform over hate speech issue
Millburn’s Dun & Bradstreet mushrooms 14% in US market debut 02-07-2020 A day after raising $1.7 billion in an upsized IPO, the New Jersey-based business analytics firm Dun & Bradstreet rocketed as much as 14 per cent at its NYSE debut
Californian e-vehicle trailblazer Tesla becomes most valuable global automaker 02-07-2020 Tesla Inc., the American e-vehicle industry spearhead's market cap had stormed past the former front-runner Toyota Motors Corp. on Wednesday
Tennessee parcel carrier FedEx shares jump 9% as quarterly earnings beat estimates 01-07-2020 Shares' prices of Memphis-based courier service provider FedEx Corp. jumped as much as 9.5 per cent on Tuesday's after-market trading following reveal of its quarterly earnings report
Airbus SE to shed 15,000 employees, says future at stake 01-07-2020 On Tuesday, the world's largest planemaker, Airbus SE said in a statement that it was planning to shed as many as 15,000 employees in the bloc
Shell takes $22 billion write-down, expects lower oil & natgas prices 30-06-2020 Ango-Dutch oil and gas supermajor Shell said in a statement on Tuesday that the company would write down $22 billion worth of assets due to the pandemic hit
India bans 59 Chinese apps amid border crisis; Beijing says concerned on Delhi move 30-06-2020 Indian Ministry of Technology had banned 59 Chinese mobile apps including the popular TikTok and WeChat in context of a rancorous border crisis with China
Oklahoma Shale pioneer Chesapeake Energy Corp. files for bankruptcy 30-06-2020 Late on Sunday, the Oklahoma City-based US Shale industry pioneer Chesapeake Energy Corp. had filed for Chapter 11 bankruptcy protection
Redmond’s Microsoft to close physical stores, take $450 million hit 29-06-2020 Microsoft Corp., the maker of cloud computing giant Azure, said in a statement on Friday that it would close all retail stores
Washington to curb visas for Chinese officials over Hong Kong freedom 29-06-2020 US Secretary of State Mike Pompeo said late on Friday that the Trump Administration was going to restrict US visas for certain officials of China's ruling Communist Party
Beaverton footwear maker Nike Inc. to cut jobs in digital push 29-06-2020 Late on Friday, the Beaverton, Oregon-based world's No. 1 footwear maker Nike Inc. had warned of potential job cuts over the coming weeks
German Govt. to cut ties with accounting watchdog after Wirecard €2bn fraud 29-06-2020 A German newspaper, Bild am Sonntag reported on Sunday that the German Govt. would slash its tie-up with the country's accounting watchdog as early as by Monday
Unilever to stop US advertising on Facebook, Twitter until end-2020 28-06-2020 Unilever said in a statement on Friday that the owner of long-adored brands such as Lipton tea and Dove soap, would stop its advertising campaign on Facebook and Twitter in the US until end-2020
UK fintech firms forced to suspend services after Wirecard collapse 28-06-2020 A day after the scandal-hit German payments firm Wirecard AG had filed for an insolvency, the UK FCA suspended activities of Wirecard's UK unit
Menlo Park’s Facebook to label newsworthy posts that break rules as ad boycott widens 28-06-2020 Facebook Inc. had issued a statement on Friday saying that the social networking tycoon would start labelling contents which violated its policy
Idaho grocery store chain Albertsons slumped on NYSE debut after lacklustre IPO 28-06-2020 Amid growing uncertainty over possibilities of a "V" shaped recovery in US economy, the Idaho-based grocery store chain operator Albertsons shares fell by 3 per cent on NYSE debut
Seattle tech conglomerate Amazon to buy Foster City self-driving start-up Zoox Inc. 27-06-2020 Amazon.com Inc., the world's largest online retailer, had reached a $1 billion buyout deal for a Foster City-based self-driving technology start-up Zoox Inc.
Wirecard collapses on $4 billion in debts days after CEO Braun's arrest 27-06-2020 The German payments firm Wirecard AG had filed for an insolvency on Thursday, while its decade-long auditor EY said the company had provided a number of fabricated escrows to cover up the missing €2bn
Saudi Arabia’s biggest lender NCB in merger talks with rival Samba 27-06-2020 The Kingdom of Saudi Arabia's largest lender NCB had reached an initial accord with smaller Samba over a potential merger deal
California’s self-driving start-up Waymo teams up with Swedish Volvo Cars 27-06-2020 Wyamo and Volvo Cars Group said in a joint statement on Thursday that the companies had teamed up to develop a self-driving vehicle for ride-hailing purpose
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