Business

Alphabet, parent company of Google, has a trillion-dollar market cap now

Google's parent company, Alphabet, hit the $1 trillion market capitalization on Thursday. With this milestone, Alphabet has become the fourth $1 trillion club member after Apple, Amazon, and Microsoft. The tech giant Apple hit the trillion-dollar market cap mark in August 2018, the first...

Samsung S20 new leaks: 180MP camera, 120hz display, 12GB ram

Samsung's forthcoming Galaxy S20 and S20+ are releasing with a 64MP shooter for 8K videos and a 12-megapixel Sony-manufactured sensor. The leaks specification of Samsung Galaxy S20 persists on spreading as Samsung has confirmed for the Unpacked launch of S20 on 11th February...

Alphabet’s Chief Legal Officer David Drummond is leaving amid investigation

David Drummond, chief legal officer of Google's parent company Alphabet, is leaving the company after being part of it for around 18 years.  As per Securities and Exchange Commission filing on Friday, David Drummond will be retiring by January 31. The decision comes after Drummond and...

Facebook and eBay following agreement to ban trading of fake reviews

Facebook and eBay knocked down hundreds of accounts, generating fake and misleading reviews, according to a report by Britains' Competition and Markets Authority (CMA). About six months ago, CMA identified "troubling evidence" for fake and misleading online reviews. After struggling from the past eight...

Sonos sues Google for copying smart speakers technology

Sonos has sued Google for alleged patent infringements associated with its smart speakers on Tuesday. Sonos, an American company, famous for its next-generation wireless smart-speakers, believe Google has stolen its technology and copied in its own hardware.  The smart speakers' maker Sonos believes that...

Samsung shipped more than 6.7 million Galaxy 5G devices in 2019

Samsung Electronics has formally announced that it shipped more than 6.7 million Galaxy 5G devices globally in the year of 2019, making itself the pioneer of introducing consumers with next-generation speed and high-performance smartphones. Official Press Release The official press release states that Samsung set up 53.9...

Apple’s stock predicted to shoot up by $100 in 2020, venture capitalist Gene Munster says

Apple's stock market worth will have a significant rise in 2020, a groundbreaking prediction made by the tech analyst and venture capitalist Gene Munster. According to Munster, the prediction is based on fundamental and multiple factors. By analyzing the closing stock market worth of Apple...

Volkswagen to hit 1.5 million electric cars milestone by 2025

Volkswagen is targeting the European auto market with electric vehicles. Freshly, The German Automobile manufacturer is aiming to be top of the range in the battery-powered vehicle market by 2025. “Our new overall plan for 1.5 electric cars in 2025 shows that people want...

Uber founder Travis Kalanick is leaving board of directors; sold all shares

Uber Technologies, Inc. has announced that co-founder and ex-CEO Travis Kalanick will be resigning from the company's Board of Directors. He will stay active until December 31. Last week, Travis Kalanick sold 90%, worth around $383 million, of his shares in Uber, per a public filing with the...

Tesla takes $1.4 billion loan for Shanghai factory from Chinese banks

A group of Chinese banks has agreed to provide a loan to Tesla Inc. of more than 10 billion yuan ($1.4 billion), a five-year loan facility, to help further set up the gigafactory in Shanghai, China. China Construction Bank (CCB), Agricultural Bank of China (AgBank), Industrial...

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