Microsoft Declares A 10% Dividend Increase.
Microsoft is a global technology corporation; Producing personal computers, software for computers, consumer electronics, and related services are all part of its…
Category: Technology
Tesla Claims That Its China Sales Growth Is Progressing At A Standard Rate.
After a Reuters story said that Tesla (TSLA. O) was considering closing several city center stores in its second-largest market;…
Adobe To Buy Figma For $20bln.
To help it expand its toolkit for creative professionals, Adobe Inc. agreed to purchase software design company Figma Inc. In…
Google Is Being Sued For $25.4billion In Damages By Dutch And UK Courts Over Its Adtech Practices.
Following complaints from publishers, antitrust regulators have recently begun to investigate Google’s adtech. A law firm representing publishers will soon…
Google Has Confirmed That It Will Provide $4 Million To 60 Startups In Africa.
Google revealed that it had chosen 60 qualified businesses from throughout Africa. They are to receive $4 million in funding…
Amazon, Google Slam Microsoft’s Cloud Computing Changes.
Amazon (AMZN.O) and Alphabet (GOOGL. O) unit Google criticised Microsoft’s (MSFT. O) cloud computing changes, saying they limit competition and discourage customers from switching to rival…
Fintech Firm, Wise Fined $360,000 By Abu Dhabi Regulator.
The regulator of Abu Dhabi’s free zone financial centre said it had fined the local subsidiary of fintech firm Wise…
Nikola To Raise Up To $400 Mln In Stock Sale.
Nikola Corp (NKLA. O) said it may sell shares to raise up to $400 million, as the electric truck maker looks to…
Elon Musk: Aims To Have Self-Driving Teslas Ready By Year-End In The U.S.
Tesla (TSLA.O) founder Elon Musk said he aimed to get self-driving Teslas ready by year-end; and hopes they could be in wide…
Ford Cuts 3,000 Jobs As It Pivots To EVs, Software.
Ford Motor Co(F. N) said it will cut a total of 3,000 salaried and contract jobs, mostly in North America and…
Honda Considering Decoupling Supply Chain From China -Sankei.
Honda Motor Co Ltd (7267. T) is considering building a separate supply chain that would reduce its dependence on China, the Sankei…
Apple Expands Self-Repair Support To MacBooks.
Apple Inc (AAPL. O) said it would offer customers tools and know-how to repair and service their MacBook laptops at home, months…
Valereum To End Bitcoin Mining To Focus On Gibraltar Exchange.
Blockchain company Valereum (6TJ.SG) said it was selling its bitcoin mining assets to Vinanz Ltd; for a 24% stake in the company…
Vietnam Orders Tech Firms To Store User Data Onshore.
Vietnam’s government has ordered technology firms to store their users’ data locally; and set up local offices, its latest move…
Russian Mobile Operator MTS Reports 36% Drop In Q2 Net Profit.
Russia’s biggest mobile operator MTS reported a 36.4% drop in second-quarter net profit from the same period last year; as…
IFC Of The World Bank Uses Blockchain To Track Carbon Offsets.
International Finance Corp (IFC), a World Bank affiliate, told Reuters it is backing a blockchain-enabled platform to trade carbon offsets;…
Russia Fines Streaming Site Twitch Over 31-Second ‘Fake’ Video.
A court in Russia has fined streaming service Twitch 2 million roubles ($33,000) for hosting a short video containing what…
Google Invests Over $1.5 Billion Into Blockchain Companies In 10 Months.
Google’s parent company, Alphabet, has invested over $1.5 billion into blockchain-focused companies between September 2021 and June 2022. This is…
Exclusive: BMW Will Receive Huge Cylindrical Batteries From China’s EVE In Europe.
China’s EVE Energy Co Ltd (300014. SZ) will supply BMW (BMWG. DE) with large cylindrical batteries for its electric cars in Europe, two people…
Australian Court Orders Google To Pay $43 Million For Misleading Users.
Australia’s competition watchdog said on Friday that Alphabet Inc’s (GOOGL. O) Google unit was by the country’s Federal Court to pay A$60…
Samsung Unveils New Foldable Smartphones.
Samsung Electronics (005930.KS) unveiled its latest high-end foldable smartphones; keeping prices at the same level as last year’s in a bid to…
Google Opposes Facebook-backed Proposal For Self-Regulatory Body In India.
Google has grave reservations about developing a self-regulatory body for the social media sector in India to hear user complaints;…
China’s July Auto Sales Extend Recovery, Jump 30% As COVID Curbs Ease.
China’s auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began…
Website Creator Wix.com Plans Cost Cuts As Q2 loss Narrows.
Wix.com (WIX.O), which helps small businesses build and operate websites; reported a smaller-than-expected second-quarter loss and announced a plan to sharply…
Toyota Says No Change To Plan To Produce 9.7 Mln Vehicles Globally This Year.
Toyota Motor Corp (7203. T) said it would hold to its plan to produce 9.7 million vehicles globally this fiscal year; even…
Australia’s Central Bank Launches Digital Currency Project.
Australia’s central bank said it was launching a one-year research programme into the case for a central bank digital currency…
S.Korea To Probe App Store Operators Over Suspected In-app Payment Violations.
South Korea’s telecommunications regulator on Tuesday said it plans to launch an investigation into app store operators such as Apple…
Tesla Sets Aug 25 As Trading Day For Shares
Tesla Inc (TSLA.O) said trading in its three-for-one split shares will start on Aug. 25; after the electric vehicle maker’s shareholders approved…
Amazon Workers At UK Warehouse Walk Out Over Pay Offer, Union Says.
Amazon workers at a warehouse in Tilbury in southeast England have walked out in protest over pay.. “Amazon continues to…
Crypto Winter May Temper Fintech Earnings.
Wall Street has lowered earnings expectations for once high-flying fintechs Coinbase (COIN.O). Block (SQ.N), as a chill in the cryptocurrency market adds…