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Facebook and eBay following agreement to ban trading of fake reviews
UK regulator warned social sites of fake reviews trading.
Facebook and eBay knocked down hundreds of accounts, generating fake and misleading reviews, according to a report by Britains’ Competition and Markets Authority (CMA). About six months ago , CMA…
Sonos sues Google for copying smart speakers technology
Sonos believes Amazon and Google have infringed roughly 100 patents.
Sonos has sued Google for alleged patent infringements associated with its smart speakers on Tuesday. Sonos, an American company, famous for its next-generation wireless smart-speakers, believe Google has stolen its…
Samsung shipped more than 6.7 million Galaxy 5G devices in 2019
Samsung Electronics has formally announced that it shipped more than 6.7 million Galaxy 5G devices globally in the year of 2019, making itself the pioneer of introducing consumers with next-generation…
Apple’s stock predicted to shoot up by $100 in 2020, venture capitalist Gene Munster says
The company has seen 2019 its strongest year in a decade.
Apple’s stock market worth will have a significant rise in 2020, a groundbreaking prediction made by the tech analyst and venture capitalist Gene Munster . According to Munster, the prediction…
Volkswagen to hit 1.5 million electric cars milestone by 2025
Volkswagen 2023 and 2025 electric vehicle production targets increases!
Volkswagen is targeting the European auto market with electric vehicles. Freshly, The German Automobile manufacturer is aiming to be top of the range in the battery-powered vehicle market by 2025.…
Uber founder Travis Kalanick is leaving board of directors; sold all shares
Travis Kalanick is leaving the board effective December 31, 2019.
Uber Technologies, Inc. has announced that co-founder and ex-CEO Travis Kalanick will be resigning from the company’s Board of Directors. He will stay active until December 31. Last week, Travis…
Tesla takes $1.4 billion loan for Shanghai factory from Chinese banks
A group of Chinese banks has agreed to provide a loan to Tesla Inc. of more than 10 billion yuan ($1.4 billion), a five-year loan facility, to help further set…
Facebook acquires PlayGiga to jump into cloud gaming
Facebook gaming is expanding!
Facebook has acquired PlayGiga, a startup focused on cloud video games, as reported by CNBC . PlayGiga has one of the advanced video game streaming platforms in Europe. PlayGiga, based…
Uber likely to sell UberEats’ India to Zomato for $400 million
The deal is not officially announced yet!
Uber is reportedly selling its delivery service UberEats India business to local competitor Zomato. The company can sell its food delivery app business at around $400 million, and Uber may…
Apple acquired image processing startup Spectral Edge
The startup uses some serious AI to improve photos!
Apple has acquired Spectral Edge, a startup with technology that improves photos taken on smartphones. According to a report by Bloomberg , the startup based in Cambridge, UK, has made…