Business

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 be the largest ever deal in the semiconductor industry. Out of the $40 billion,...

ByteDance, the parent company of TikTok based in China, has decided to partner with Oracle Inc for its US operations after rejecting Microsoft's acquisition offer. The social company had to make a rushed decision as it nears 20th September's deadline to sell its...

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 from Asia and Africa. Since the rise of COVID and the significance of...

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 thousands of reviews were made in exchange for money. Nine out of the UK's top...

Elon Musk, the CEO of Tesla, successfully made it to unprecedented heights by qualifying for $2.1 billion in stocks. As the company decided to lower the price of the Tesla Model 3 electric car, the sales have increased tremendously. Tesla's shares have surged...

VMware, a well known American publicly traded software company, has announced its intent to acquire Lastline, an anti-malware cybersecurity company, for research and to yield innovative security capabilities. The deal will close by July 31, and the startup has not disclosed much about...

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 Competition and Consumer Commission - ACCC to develop a code of conduct for...

Social media is like magic carpet stories that used to fascinate us in childhood. But now, with the advancement in technology, it has revolutionized the way businesses advertise themselves. With a global lockdown due to COVID-19 pandemic right now, people are spending time...

Facebook is expecting to hire 10,000 workers, by the end of 2020, for its product and engineering department. It is unclear at this time that how many new hires will join as full-time or the number include contractors. With the new hiring, the...

Tesla, an electric car artificer, has managed to beat delivery expectations, of many analysts who predicted lower quarterly sales, by selling approximately 88,400 cars in the first quarter of 2020. Navigating the analyst's prediction wrong, Tesla successfully produced 102,672 vehicles so far in...