Apple To Unveil Low Cost 5G IPhone March
Apple Inc is targeting a date on or near March 8 to unveil a low-cost 5G iPhone and an updated…
Category: World
Mark Zuckerberg Lost $29 Billion After Facebook Users Reduce For The First Time
Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc’s stock marked a record one-day plunge,…
Meta Loses Over $200 Billion In Value
Facebook sees first-ever drop in daily active users as owner Meta takes $200bn share hit Facebook’s parent firm Meta on…
Qualcomm CEO Says Metaverse Is Beyond Social Media
Qualcomm CEO Cristiano Amon told CNBC’s Jim Cramer on Thursday that the chipmaker views the so-called metaverse as much more…
European Market Experience Little Change After Opening Bell
Europe markets opened flat on Friday as investors digested key updates from both the Bank of England and the European…
Indian Billionaire Gautam Adani Becomes Asia’s Richest Person
Indian businessman Gautam Adani has become the richest Asian, worth $90.1 billion, according to Forbes’ Real Time Billionaire calculations on…
Tesla To Recall Over 817,000 Vehicles In US Due To Seat Beat Alert
Tesla Inc (TSLA.O) is recalling more than 817,000 vehicles in the United States because an audible alert may not activate…
Moody’s To Acquire Majority Stake In GCR Ratings
Moody’s Corporation yesterday, announced that it has agreed to acquire a majority (51%) stake in Global Credit Rating Company Limited…
Regulators To Check Global Cryptocurrency Operations
Regulators across the globe are getting more serious about crypto this year, as concerns grow about the environmental impact of…
Facebook Share Tumbles By 20 Per Cent
Meta has reported disappointing earnings, offered weak guidance, and said user growth has stagnated, which led Facebook shares to fall…
Alphabets Approves Plan For 20-For-1 Stock Split
As part of the tech company’s quarterly earnings statement on Tuesday, Alphabet’s (parent company of Google) board approved plans for…
Over $1.19 Billion Worth Of Ether Was Burned In January
Data from Ultrasound Money reveals that over $1.19 billion worth of Ether (ETH) was burned in the month of January…
European Markets Climb Amid Global Gains
European stocks moved higher on Wednesday amid positive momentum in global markets. The pan-European Stoxx 600 added 0.6% in early…
Chip Shortage: Volvo Sales Drop By 20.2 Percent
Volvo Car Group’s sales fell 20.2% in January under pressure from the global component shortage, though demand for its products…
Japan To Tighten Measures Against Cyberattack
Japan will consider imposing tighter curbs on companies in security-sensitive sectors that procure overseas software as part of efforts to…
Australia’s Aristocrat Take Over Of Playtech Set To Fail
Gambling software maker Playtech does not expect its shareholders to approve its proposed takeover by Australia’s Aristocrat, the British company…
Panasonic Experience Rise In Operating Cost
Japan’s Panasonic on Wednesday posted a larger-than-expected 44% slide in third-quarter operating profit, hit hard by rising costs for raw…
World’s Second Largest Stablecoin Hits $50 Billion Capitalization
The world’s second largest stablecoin by market capitalization just hit the $50 billion mark, according to data from CoinGecko. Circle’s…
Nigeria Startup “Nestcoin” Raises Pre-Seed Capital For Crypto Adoption
Nestcoin, a Nigerian tech startup, says it has secured $6.45 million pre-seed capital to accelerate crypto adoptions and web3 operations…
India To Introduce Digital Rupee In 2022-2023
India’s central bank will launch a digital version of the rupee in the next financial year, the country’s finance minister…
Citrix System Get Taken Into Private In $16.5 Bln Deal
Software company Citrix Systems said on Monday it would be taken private for $16.5 billion including debt by affiliates of…
Japan’s Dec Unemployed Rate Drops As Monthly Employment Gain Hits Near 36-Year High
The seasonally adjusted unemployment rate in December was lower than the 2.8% in the previous month, which was also the…
Sony To Acquire Videogame Developer ‘Bungie’ In $3.6 Bln Deal
Sony Interactive Entertainment will acquire Bungie Inc, the original creator of the “Halo” videogame and developer of “Destiny”, in a…
U.S. FTC To Review Microsoft Deal For Activision
An antitrust review of Microsoft Corp’s proposed acquisition of Activision Blizzard will be handled by the U.S. Federal Trade Commission…
Credit Suisse Faces $45.5 Million Claim – Court
Swiss prosecutors are pursuing around 42.4 million Swiss francs ($45.5 million) in compensation from Credit Suisse (CSGN.S) in a money-laundering…
Amazon, AliExpress, Twitter, Zoom To Pay Tax On Profit Or Income Made In Nigeria
The federal government says non-resident companies (NRC) are mandated to remit 6% of turnover from digital services provided to Nigerian…
U.S. Treasury Secretary Janet Yellen To Participate Remotely In February G20 Meeting
U.S. Treasury Secretary Janet Yellen will participate in a February meeting of the G20 remotely because of a rise in…
Macau Legend Shares Fall Over 20% After CEO’s Arrest
Macau Legend reported Chan had been arrested in a statement to the Hong Kong stock exchange on Sunday, adding it…
Pearson Buys Certification Company Credly
Education group Pearson has agreed to buy the certification company Credly to expand its offering to businesses looking to train…