Tech company Apple has sued the Israeli company NSO, which makes Pegasus, Apple has said that the company is targeting more than one billion iPhones. Apple says that there are 1.65 billion active Apple devices worldwide, of which more than 1 billion are iPhones. There are already many cases going on ...
Read More »Elon Musk sells $5 bn worth of Tesla stock after Twitter poll
Tesla Inc., CEO Mr. Elon Musk unloaded $5 billion of stock in the electric car-maker, shortly after conducting a poll on Twitter on whether he should sell his substantial 10% stake in the company or not. The world’s richest man has settled more than 4.5 million shares so far this ...
Read More »China, US intensify trade talks against rising tensions in other regions
The US and China are taking their trade talks seriously amid escalating tensions in strategic matters. On Tuesday, talks were held again between the officials of the two countries. This is the second conversation between them in October. In a joint statement, the two sides said they held “practical, open ...
Read More »Defamation Case Will Be filed to unveil Pandora Papers against ICIJ and Washington Post
King Abdullah II of Jordan has contracted a law firm in the US to file a lawsuit. It is said that King Abdullah will demand a huge amount as compensation for his alleged defamation. The journalist group that brought the Pandora Papers to the fore and the world’s media houses ...
Read More »Canada expands ban on all flights from India till Aug 21
The Canadian government extended the ban on all flights that come from and to India for 30 days until August 21. Flights between India and Canada were earlier suspended till July 21. Canadian Transport Minister Omar Alghabra confirmed the development in a tweet. Alghabra tweeted, “Protecting the health and safety ...
Read More »Walmart’s Flipkart raises new funding for $38 billion valuation as IPO looms
Walmart Inc-owned Flipkart on Monday withdrew SoftBank Group Corp as an investor in a $3.6 billion funding round, valuing the Indian online retailer at $37.6 billion in less than three years and before its expected market debut. The US retail giant Wallmart bought a 77% stake in Flipkart for $16 ...
Read More »Furlenco Raises $ 140 Million Fund by Zinnia Global
Online furniture rental startup Furlenco has raised $140 million in debt and equity in its latest funding round led by Genia Global Fund. Apart from Xenia, CE Ventures and Lightbox Ventures also participated in this funding round. The company has raised $120 million in debt and $20 million in equity. With this round, ...
Read More »Asian Shares Rises, Dollar Eases
Asian stocks rose early Tuesday, easing concerns about an increase in regional coronavirus infections and a weak session on Wall Street as inflationary shocks helped push gold prices to a three-month high. MSCI’s largest index of Asia-Pacific share market outside Japan rose 1.13% after a mixed session on Monday. Japan’s ...
Read More »Google deals with SpaceX for its StarLink satellite internet service
Google Cloud and SpaceX have partnered to enable satellite Internet connectivity for Google cloud services in remote areas of the world. SpaceX, powered by Elon Musk, has announced a new partnership to promote the use of its satellite Internet connectivity. The US-based aerospace manufacturer has collaborated with Google Cloud to ...
Read More »Airbnb Bookings Jump by 52% as Vaccinations Increase the Demand
On Thursday, Airbnb Inc. beats Wall Street’s expectations for first-quarter gross bookings and revenue, as rapid COVID-19 vaccinations and easy restrictions encouraged more people to check out its vacation rental. Gross bookings jumped by 52% with $ 10.29 billion for the quarter, easily beating analysts’ estimate of $ 6.93 billion. ...
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