Business
All the latest news from the world of e-commerce, IPOs, acquisitions and latest trends from the world of the tech business.
Science & Health
Digital Health Trends in 2021
Digital health trends in 2021 will be far more exciting than ever before. Healthcare businesses are now finally looking to take risks to become more technologically occupied and somewhat tech-dependent. Sadly, so far, health care businesses have been slow to adapt to technology,...
Insight
Top Leadership Tips for New Managers
Syed Ali -
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...
Silicon Valley
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...
Business
Successful IPOs of 2020 – Airbnb and DoorDash witnesses a kickstart
Sheher B -
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...
Business
Salesforce is acquiring Slack for $27.7 billion, set to take on Microsoft
Syed Ali -
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...
Business
BuzzFeed acquires HuffPost from Verizon Media
Sheher B -
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...
Ridesharing
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
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...
Social Networks
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...
Cryptocurrency
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,...
Latest News
Digital health trends in 2021 will be far more exciting than ever before. Healthcare businesses are now finally looking to take risks to become more technologically occupied and somewhat tech-dependent....