Apple Hits Revenue Record Despite Chip Shortage
Banner revenue at the App Store comes as Apple defends itself against accusations that its control over the online shop ... Read more
Samsung Reports 53% Jump In Profit Despite Supply Chain Woes
The conglomerate's overall turnover is equivalent to around one-fifth of South Korea's gross domestic product. Read more
Boeing Invests $450 Mn In Air Taxi Venture
Some other companies in the flying taxis space have envisioned piloted air taxies as a first step towards autonomous ser... Read more
Netflix Stung By Slowing Subscriber Growth
Facebook recently announced subscription price bumps in the United States, with the basic option now costing $9.99, and ... Read more
P&G Profits Up On Strong Consumer Demand, Higher Pricing
Net income for the quarter was up 10 percent at $4.2 billion on a six percent increase in revenues to $21 billion. Read more
Microsoft To Buy Gaming Giant Activision Blizzard For $69 Bn
This would be the largest buyout ever for the Redmond, Washington-based giant, well ahead of LinkedIn in 2016 for $26.2 ... Read more
Indian States Clamour For Tesla Plant After Musk Tweet
India imposes a 100 percent tax on imported electric vehicles worth more than $40,000 Read more
EU Blocks Mega-merger Of South Korean Shipbuilders
The EU found that the merged entities would create a group controlling nearly two-thirds of the global LNG cargo ship ma... Read more
Samsung Electronics Forecasts 52.5% Jump In Q4 Profits On Record Sales
The conglomerate's overall turnover is equivalent to around one-fifth of South Korea's gross domestic product. Read more
Toyota Overtakes GM To Lead US Auto Sales For 2021
GM has held the crown as the number-one company in US auto sales since 1931 Read more
New York Subpoenas Trump, Children In Fraud Probe
The Trump Organization is under investigation by the Manhattan district attorney for possible financial crimes and insur... Read more
Apple Becomes 1st US Company To Reach $3 Trillion Valuation
While Apple's image has arguably emerged less bruised than some Big Tech names, it is hardly free of controversy. Read more
Tesla Recalls Nearly 500,000 Autos On Crash Risk
The company is expected to send letters to owners February 18 and will reimburse those who already paid to fix the issue... Read more
Apple Puts India IPhone Plant 'on Probation' After Mass Food Poisoning
The factory makes iPhones for the Indian market and for export, as well as other gadgets. Read more
Samsung In Talks To Buy Biogen For $42 Bn: Report
The company, based in Cambridge, Massachusetts, had revenues of $13.4 billion last year Read more