Business

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 increase pay, through April, in the USA by $2 per hour, 2 pounds...

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. Apple distributors, Tech Data and Ingram Micro were also sanctioned for 76.1 million...

Airbnb - a San-Francisco based company that offers homestays or tourism experiences primarily - has announced a full refund policy for every reservation around the world amid the coronavirus pandemic. Both hosts and guests can now cancel all of their bookings of till...

Google asks all of its North-American employees to work from home (WFH), due to COVID-19 - coronavirus - outbreak, if their workload and situation allow it. The company extended the permission, through a memo, until April 10. Amazon, Microsoft, Apple, Facebook, and Twitter have...

Facebook, the social network company, has filed a lawsuit against Namecheap, a domain name registrar, and WhoisGuard, Namecheap's proxy service, in Arizona for alleged cybersquatting and registering deceiving domain names that allegedly infringed on Facebook's trademark.  Christen Dubois, Director and Associate General Counsel of...

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 time," an official email said. The online tech company, Amazon.com Inc, informed its staff at Amazon's...

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 following the coronavirus outbreak.  The Taiwanese firm, Foxconn, stopped and postponed the production due...

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 funded $400 million into Pony.ai, followed by Sequoia, KUNLUN, IDG Captial, and ClearVue Partners. The...

Intuit, a US-based leading financial software company, is intending to acquire Credit Karma — another leading multinational personal financing company for $7.1 billion in cash and stock. The deal would mark the biggest acquisition in the history of Intuit, which will take place under the...

Elon Musk's SpaceX is seeking $250 million at $220 per share in new fundings, according to a report by CNBC. The funding will boost the worth of the company to $36 billion, up from $33.3 billion.  The Space Exploration Technologies Corporation (SpaceX) is working on raising new...