Business

WeWork, an American commercial real estate company that provides shared workspaces for technology startups, founded in 2010. Eventually, after the ouster of its Co-founder Adam Neumann, the company lost its valuation from heft $47 billion to $7.5 billion, as reported by CNBC. WeWork...

There is a raised possibility that Facebook could use cryptocurrencies based on national currencies, to bring its long-awaited Libra project into the action. In the wake of growing skepticism about its digital currency, David Marcus, the Head of Libra project for Facebook stated,  “Instead of...

Canva is now valued at $3.2 billion after an $85 million fundraise by Mary Meeker’s venture capital firm joined by General Catalyst, Bessemer Venture Partners, Blackbird, and Sequoia China. It is an eye-popping new valuation as the amount has dramatically increased from  $2.5 billion...

Huawei, a multinational technology company dealing in telecommunications equipment and sells consumer electronics, including smartphones, has released its revenue report for Q3 2019 today. It is a leading smartphone brand that surpassed Apple in Q2 2018 and ranked in 2nd position after Samsung. Huawei...

Healx, a UK-based biotechnology startup, has secured a $56 million in Series B funding to combat rare diseases using AI as reported by Bloomberg. This funding round was headed by Atomico, an investment company led by Swedish billionaire and founder of Skype Niklas...

It seems Apple is more inclined towards China. It removed Taiwan flag emoji from iOS in Hong Kong soon after the launch of iOS 13.*. Now, Apple has also started to share safe browsing data of its official browser to a Chinese tech...

One of the largest US-based companies has done something that many say under the pressure of China. The US is losing its card in a trade war with China? Is China showing its muscle to alter the decisions of a very notable US...

Oracle Corporation; American multinational computer Technology Corporation has announced on 8th October 2019 that it would be hiring 2,000 people for its cloud business. It is 1.5% of its overall workforce of 1,39,000 employees.  Why Oracle laid off massive jobs recently?  Recently the company has...

In the wake of the 2020 Presidential Election Campaign, Bernie Sanders unveiled his idea of wealth tax. The veteran senator called "Billionaires shouldn't exist.." last week in Washington. He embraced this idea by theorizing tax reforms and its method of accumulation.   OECD again challenges...

WeWork planned to cut 2,000 jobs at the end of October 2019 after the failed IPO. WeWork — an American commercial real estate company that provides co-working space to companies and startups was founded in 2010. The company has over 800 locations worldwide...