Apple Inc is joining the race of pursuing its ambitions in what could be the next big thing, the metaverse, reaping the benefits of the hype emulating from the digital alternate reality. According to investors and analysts, the iOS developer is marking its presence in the next monumental project for tech giants. Apple has been […]
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If world events over the past couple of years taught (and continue to teach) the business world anything, it’s that people can absolutely work and abundantly shop the telecom space from the comforts of home. On top of that, they’ve made it quite clear that they will continue doing both at an accelerated pace, especially […]
Social media platform Reddit Inc, whose message boards became central to meme stock trading frenzy in 2021, is tapping Wall Street banks Morgan Stanley and Goldman Sachs Group for its initial public offering, a source familiar with the matter told Reuters on Friday. Reddit had confidentially filed for an IPO in December and is aiming […]
Apple is working on the most advanced chips for its unannounced AR/VR headset and now a new report has claimed that the iPhone maker has hired Andrea Schubert, Meta’s communications lead for its Augmented Reality (AR) products. “Meta, with Oculus, has been the market leader in headsets, so such a hire makes sense as Apple […]
A week after removing its listing from Hong Kong Stock Exchange, Chinese Artificial Intelligence (AI) startup, SenseTime Group, relaunched its $767 million initial public offering (IPO) on Monday. The company pulled out its offering amidst escalating geopolitical tension between China and the U.S. after Washington accused the firm of creating facial recognition tools to identify […]
In a fierce attempt to expose affiliates linked to China’s Xinjiang surveillance accusations, The Washington Post publicized on Tuesday a hidden aspect revealing Huawei’s association in persecuting against the region’s ethnic minorities. The leaked PowerPoint presentations acquired by the news outlet revealed that it had obtained the documents through a public Huawei site before being removed by […]
China’s dominant ride-hailing service, Didi Global Inc., said Friday it will pull out of the New York Stock Exchange and shift its share trading to Hong Kong as the ruling Communist Party tightens control over tech industries. Didi gave no explanation, but China’s leaders increasingly fret about who controls information gathered about its public by […]
Money20/20 today reports that more than 8,000 attendees, from over 2,500 companies participated at Money20/20 USA at The Venetian Resort, Las Vegas in late October. The event was a showcase for the fastest growing and most innovative fintech companies. This follows the hugely successful Money 20/20 Europe, held in Amsterdam in September, which hosted more […]
The European Union’s drug regulator on Thursday authorized Pfizer’s coronavirus vaccine for use on children from 5 to 11 years old, clearing the way for shots to be administered to millions of elementary school pupils amid a new wave of infections sweeping across the continent. It is the first time the European Medicines Agency has […]
Food delivery company DoorDash Inc is paying more than $5 million to settle an investigation by San Francisco into alleged labor law violations, with the bulk of the money going to delivery workers, the city attorney said on Monday. The San Francisco Chronicle was first to report the news Monday, quoted San Francisco City Attorney […]