Japan’s Sony Group Corp plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility. The new company, Sony Mobility Inc, comes as the Japanese tech giant is “exploring a commercial launch” of electric vehicles, […]
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Samsung Electronics Co Ltd is likely to post a record fourth-quarter profit thanks to solid demand for server memory chips and higher margins in contract manufacturing, analysts’ estimates showed. Operating profit for the world’s biggest memory chip and smartphone maker likely hit 15.2 trillion won ($12.7 billion) in the quarter ended December, according to a […]
In its intraday trading on Monday, Apple became the first to reach a $3 trillion valuation when its shares hit $182.86 per share, followed by a dire drop below its milestone, as the company seeks out to fortify its capital reign on the market. The Big Tech giant welcomes the new year with hopes of […]
India’s competitions watchdog, the Competition Commission of India (CCI), is launching an investigation into Apple’s business practices for the alleged abuse of its dominant market position in the Indian app market, violating antitrust laws. This move comes after a non-profit group, “Together We Fight Society,” accused the tech giant of forcing app developers to abide […]
Chinese Telecommunications company Huawei Technologies Co Ltd unveiled its 2021 revenue expectations to drop by almost 30 percent as it fights off U.S. sanctions. In a letter sent to its employees on Friday, Huawei’s rotating chairman Guo Ping said that the revenue for 2021 is estimated to reach $99.48 billion. This marks a 28.9 percent […]
As one of the Big Tech giants, Apple has delivered its user-base with a way to make payments in payments in person, in iOS applications and Safari. Here, we deliver a simple guide as to how to use Apple Pay. Technology has reshaped how we live our lives, taking a new venture every day to […]
A Moscow court on Friday slapped Google with a nearly $100 million fine and also fined Facebook’s parent company Meta $27 million over their failure to delete content banned by local law, as Russia seeks to step up pressure on technology giants. The Tagansky District Court ruled that Google repeatedly neglected to remove the banned […]
In its latest attempt to skip a shareholder proposal, the U.S. Securities and Exchange Commission (SEC) refused Apple’s request by asking the giant to deliver the utmost transparency in its attempts to maintain that forced labor is not a part of its supply chain. Earlier this year, a group of shareholders asked to be kept […]
AT&T announced plans to sell its online advertising platform Xandr Inc. to Microsoft, a move that will welcome the Big Tech giant into the digital marketing field. The tech titan stated that Xandr’s digital ad marketing strategies would fundamentally heighten advertising and retail media capacities. Only last year, AT&T disclosed plans to put on the […]
The U.S. Federal Trade Commission will launch a thorough examination into Meta’s scheme to acquire the famous Virtual Reality (VR) fitness platform Supernatural, according to The Information. The investigation highlights only one aspect: antitrust watchdogs have officially initiated their scrutiny on Meta – formerly known as Facebook – for its heavy investments into its latest […]