Business

Huawei executive director and CEO of business group Richard Yu shared on the Chinese social microblogging network Weibo that they would be unveiling new Mate series products on Nov 25. He announced the news by sharing the poster from his Weibo account.  Mr. Yu didn’t reveal...

Dan Sundheim's D1 Capital Partners strengthened its position in Amazon by injecting $588 million during the third quarter, according to regulatory filings released Thursday. The hedge fund, which is investing heavily in FAANG (Facebook, Amazon, Apple, Netflix, and Google), also increased its stake in...

Uber considers its drivers as contractors and not as employees because it does not pay the drivers. Instead, they receive 20% from each trip. New Jersey Department of Labor and Workforce Development, however, is not convinced with that argument. The department has levied...

The Lenovo-owned company Motorola is going to release a new foldable RAZR Android smartphone in January 2020. Remember Hello, Moto!? Motorola aims to keep its ionic flip phone RAZR alive by integrating the popular Android OS and flexible display in it. This project went...

World’s largest drone manufacturing company DJI, has been working on technology that would allow smartphone users to keep track of nearby drones. To detect the presence of a drone, it should be within the range of 0.62 miles, i.e., 1 km.  The company has...

Google has covertly acquired health care records of millions of patients, without their approval. It has been revealed that Google and Ascension, a Non-profit Catholic health care provider, were jointly involved in a secret data-gathering project called "Nightingale". The report was also quoted that neither the...

Apple's new credit card is under an investigation from financial regulators after a husband complained that the card's inbuilt algorithms discriminated against her wife. This incident happened when software developer "David Heinemeier Hansson" complained on the social media platform, Twitter, that the credit line...

Dara Khosrowshahi, the Iranian born entrepreneur who became CEO of Uber in August 2017 succeeding founder Travis Kalanick, told the audience at the show that he believes the Saudi government made a mistake, which many see as being behind the heinous murder of...

Chinese authorities have introduced new regulations in a bid to combat gaming madness in the country. Young gamers under the age of 18 will no longer be able to play video games without any restrictions. Under the new regulations introduced, children will be banned...

WeWork's Marcelo Claure - the chairman, has sent a memo to employees that states the company has investigated policy abuse and fired 13 employees.  Mr. Laure has further mentioned that layoff did not only happen at one office location but from all regions of...