Business

Top Leadership Tips for New Managers

They say everyone has a desire to be a leader. No matter how confident a person is about their leadership and management skills, sometimes it becomes difficult to handle a team, especially when you've just taken charge of an organization or a team.  There...

Why tech companies like Tesla and Oracle moving their HQs to Texas?

Oracle and Tesla have announced they will be moving their headquarters to Texas from the Silicon Valley area in California in light of recent events. HPE, the subsidiary of a world-renowned and one of the oldest companies in Silicon Valley, HP, looks like another big...

Successful IPOs of 2020 – Airbnb and DoorDash witnesses a kickstart

Airbnb's IPO took off for the first time on Thursday, December 10, and it has been a massive kickstart! This is the start of their trading journey, and the famous home-rental company managed to close the shares at $145, with a $100 billion...

Salesforce is acquiring Slack for $27.7 billion, set to take on Microsoft

Salesforce Inc is all set to acquire the workplace messaging software Slack, the CRM famed company announced on Tuesday. The step would merge both companies into a single tech giant ready to compete with Microsoft. According to the official press release, Salesforce will pay $26.79...

BuzzFeed acquires HuffPost from Verizon Media

HuffPost and BuzzFeed have stuck a stock deal. Under the arrangement, the American news aggregator - HuffPost, owned by Verizon Media - will now become part of BuzzFeed, The Wall Street Journal reported on Thursday. As part of this acquisition, Verizon Media, in return, will become...

Lyft’s business is gradually recovering from the effects of Covid-19

Lyft released its financial results for the third quarter of 2020 on Tuesday, beating analyst's expectations. Recovery has been observed in the San Francisco-based ride-hailing company's sales from pre-pandemic days, but the revenue is still half of what it was last year.  The ridesharing company has reported $499.7...

Apple suspends business with Pegatron due to labor violations

Apple freezes new business for Pegatron - the second-largest iPhone manufacturer based in China - after discovering the labor law's violation concerning the student worker's program. As announced by Apple Inc. on Monday, the Pegatron Co. falsified paperwork to disguise about the...

TikTok and Sony Music sign the most awaited licensing deal

TikTok has signed a licensing deal with the world's second-largest music company Sony Music Entertainment. The deal's requisites include that Sony Music will grant the TikTok community access to the catalog of its current hits, favorites, all-time classics, and new releases. This agreement...

PayPal and Venmo to accept Bitcoin and other cryptocurrencies

PayPal announces that it has been granted a conditional Bitlicense, the first of its kind, by the New York State Department of Financial Services. The new license will allow PayPal users to buy, sell, and hold cryptocurrencies using the PayPal digital wallet. Initially,...

VSPN Esports raised $100 million in funding lead by Tencent

VSPN, Versus Programming Network, a Chinese eSports startup company, announces that it has raised $100m in its series B funding round. The funding round was led by Tencent Holdings, followed by other investors Tiantu Capital, SIG (Susquehanna International Group), and Kuaishou, with Lighthouse...

Latest News

Government of the UK has approved and authorized the new Covid-19 vaccine introduced by the collaboration of the University of Oxford and AstraZeneca, a global biopharmaceutical company. The approval came...