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NVIDIA is acquiring Arm in $40 billion deal from SoftBank
Arm Limited is one of the worlds leading chipset design companies.
NVIDIA on Monday has announced it is buying the world’s leading chip designer and technology provider, Arm Holdings, from SoftBank with a deal of worth around $40 billion. This will…
BIMA raises $30 million for digital health and insurance
BIMA already raised $97 million in 2017.
BIMA is one of the top growing health and insurance organizations, based in London and Stockholm. The startup now serves more than 35 million people in 9 different emerging markets…
Amazon takes down five-star reviews fraud in the UK
Amazon takes down around 20,000 fake five-star reviews.
Amazon recently caught its top reviewers in the UK involved in a fraud. Around 20,000 reviews were removed from the amazon website after an investigation . Evidence was found where…
Google and Facebook to pay Australian media companies for using content
Australia wants Google and Facebook to compensate media outlets for reusing content.
Australia is in the process of forcing Google and Facebook, the digital giants, to pay local media companies for using their news content. The Federal Government has asked the Australian…
How bad COVID-19 has hit the tech industry
Coronavirus is the biggest disruptor in tech industry lately.
The novel coronavirus COVID-19 so far has a devastating impact on the U.S. and many other state’s economies. As all the affected countries are trying to stem the spread of…
Amazon is hiring for 100,000 positions to support its services with an unprecedented increase in demand amid Coronavirus
Plus, the company is increasing the hourly rate of its employees.
Amazon plans to hire more than 100,000 workers to assist in online deliveries in the USA, the UK, and many countries in the EU. Besides hiring, Amazon announced it will…
Apple fined a record $1.2 billion by the French competition authority
Tech Data and Ingram Micro, Apple distributors in France, are also fined.
Apple is fined for 1.1 billion euros ($1.2 billion) on Monday by France’s antitrust authority “Autorite de la concurrence” for being guilty of creating a cartel within its distribution network.…
Amazon employee tests positive for coronavirus – in Seattle and Italy
Seattle has become a ghost town!
Amazon has confirmed an employee in Seattle is tested a positive coronavirus. “The employee went home feeling unwell on Tuesday, February 25 and has not entered Amazon offices since that…
Foxconn expects to bring workers back to work by the end of March
Foxconn - the factory of the world - manufactures iPhone, PlayStation, Xbox, and many more gadgets.
Foxconn is bringing its workers back to work to resume the normal production in China by the end of March. More than half of the workforce has already started working…
Toyota invests $400 million in Pony.ai for Level 4 autonomous cars
Pony.ai is now a $3 billion company.
Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has…