As the nation pushes to reduce its reliance on fossil fuels and use cleaner energy sources, President Joe Biden’s administration says it wants to ensure diversity among the communities that benefit from the transition and the people who are hired to do the work. The administration says it wants more solar arrays erected in communities […]
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Selling vaccines during a pandemic has boosted Pfizer’s bottom line and proven that a strategy it embarked upon over a decade ago is now paying off handsomely. The New York-based pharmaceutical giant reported Tuesday that it earned $4.9 billion in the first three months of the year and it dramatically raised its profit forecast for […]
Apple’s lucrative app store was alternately portrayed as a price-gouging monopoly and a hub of world-changing innovation during the preamble to a trial that may reshape the technological landscape. The contrasting portraits were drawn on Monday as lawyers for Apple and its foe, Epic Games, outlined their cases in an Oakland, California, federal court before […]
After a 27-year marriage, Bill and Melinda Gates have announced the end of their marital relationship. Their professional relationship as heads of the Bill and Melinda Gates foundation will, however, endure. “We have raised three incredible children and built a foundation that works all over the world to enable all people to lead healthy, productive […]
The hit video app TikTok said Friday that an executive at its Chinese parent company, ByteDance, will now also serve as TikTok CEO. The new CEO, Shouzi Chew, is the chief financial officer of ByteDance. He is based in Singapore, where TikTok has an office. Vanessa Pappas, based in Los Angeles, has been interim head […]
Dubai-based telco du announced Tuesday that is has raised a long-term debt finance of almost one billion dollars from a consortium of banks, as it looks to heavily grow and expand within the 5G market. According to operator, the debt will be split a $539 million five-year revolving credit facility and a $484 million seven-year […]
Chinese consumer electronics company Oppo announced late last week plans to expand its products and services within Latin America, specifically the Chilean and Columbian markets, to increase its market share. The company’s expansion into the South American continent comes following a series of achievements it has ranked up in Mexico in 2020. “Latin America represents […]
The WNBA signed a multiyear deal with Google on Monday to be the presenting partner for the league’s playoffs, part of the technology giant’s efforts to help champion women’s sports. Twenty-five WNBA games will be televised on ABC and ESPN in celebration of the league’s 25th season, with Google as the presenting sponsor. The league […]
It’s estimated by the American Psychiatric Association that one in 11 people will be diagnosed with posttraumatic stress disorder (PTSD) in their lifetime, but new virtual reality (VR) technology is providing hope for the recovery of those suffering. UCF RESTORES, a nonprofit trauma research center and treatment clinic at the University of Central Florida, has […]
Europe’s healthtech companies are now worth $41 billion, up from $8 billion reported back in 2015, as the continent bolsters its position as the #2 in global healthcare expenditures, following the United States, a recent study by Dealroom, Inkep Capital, MTIP found. This spike in valuation can be attributed to the focus in telemedicine, operation […]