News

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Tue, 20 Apr 2021 16:10:11 GMT

UK to investigate Nvidia's ARM $40B deal

The British government is set to look into the national security consequences of Nvidia's purchase of the UK chip designer ARM Holdings, raising questions over the $40B deal.

Tue, 20 Apr 2021 15:27:48 GMT

PayPal's Venmo starts crypto operations

Venmo, the P2P payment service owned by PayPal, announced that it started allowing users to buy, sell and hold cryptocurrencies on its application.

Tue, 20 Apr 2021 14:04:14 GMT

US stock indices decline

On Tuesday, US stock markets opened with a minor decline of US stock indices. The decline was seen as a consolidation in the aftermath of reaching new high levels on Friday.

Tue, 20 Apr 2021 12:42:47 GMT

Ferrari names chief content officer

Luxury carmaker Ferrari appointed Charlie Turner, Top Gear's Editorial Director, as the company's chief content officer, Ferrari stated on Tuesday.

Tue, 20 Apr 2021 12:27:46 GMT

Microsoft tests Xbox cloud gaming service

Microsoft is set to launch a beta version of Xbox's cloud gaming on Apple's and Windows 10 PC's web browsers, as well as iPhones and iPads from April 20.

Tue, 20 Apr 2021 11:25:44 GMT

Mastercard to buy Ekata for $850M

Mastercard is planning to acquire Ekata, the digital ID verification company, in an $850M deal, on the back of an expected surge in demand for the digital security space firms.

Tue, 20 Apr 2021 10:31:47 GMT

Parler platform returns to Apple's App Store

Apple is set to bring Parler, the social media app favoured by US conservatives, back to App Store after pulling it due to the deadly US Capitol riot in January.

Tue, 20 Apr 2021 09:19:16 GMT

Danone sticks to its 2021 growth goal

On Tuesday, Danone stated it had sticked to its goal of reaching profitability in the 2021 H2 after reporting a 3.3% drop in its Q1 sales, tumbled by the COVID-19 lockdowns.

Tue, 20 Apr 2021 08:00:07 GMT

China looks into Alibaba-Minmetals JV

China's market watchdog has launched an investigation into the e-commerce titan Alibaba Group and Minmetals Development's joint venture in an antitrust crackdown on internet firms.

Tue, 20 Apr 2021 06:41:03 GMT

IBM posts highest quarterly sales growth

International Business Machines reported its quarterly sales growth hit more than two-year record high, topping Wall Street estimates, and driven by the company's cloud computing business strength.

Tue, 20 Apr 2021 06:28:25 GMT

China to build $3B supercomputing centre

Wenchang, the Chinese southern space port, is planning to construct a $3.0B supercomputing centre by 2021-end to analyse space data, state media reported on Tuesday.

Tue, 20 Apr 2021 05:00:07 GMT

China boosts BMW Q1 demand

It was revealed on Monday by BMW that that the company had boosted 2021 first quarter earnings by higher prices and demand from China.

Tue, 20 Apr 2021 04:00:08 GMT

Facebook launches new products

On Monday, Facebook announced that the company would launch new audio products.

Tue, 20 Apr 2021 03:00:08 GMT

Wall Street declines

During Monday's US trading session, US stock indices declined, as Tesla's stock caused a sell off due to a fatal auto crash.

Tue, 20 Apr 2021 01:00:07 GMT

Microsoft tests new cloud gaming

On Monday, Microsoft announced that it would test Xbox cloud gaming on the Apple and PC platforms.

Mon, 19 Apr 2021 20:00:08 GMT

UK to probe Nvidia's ARM deal

The UK government plans to review Nvidia's $40B purchase of ARM Holdings, a British semiconductor design company, the UK government announces.

Mon, 19 Apr 2021 19:00:08 GMT

Zoom launches $100M fund

Zoom Video Communications created a $100M fund to invest in software companies that create applications using its technology.

Mon, 19 Apr 2021 18:00:06 GMT

Mastercard to purchase Ekata

Mastercard plans to purchase digital identity verification firm Ekata for $850M, a report published by the global payments processor shows.

Mon, 19 Apr 2021 16:56:16 GMT

GameStop loses CEO

George Sherman will resign from the chief executive officer position at GameStop, giving major shareholder Ryan Cohen more power, as the company shifts to e-commerce.

Mon, 19 Apr 2021 15:33:02 GMT

Nokia to cut 10,000 jobs

Nokia plans to cut 10,000 employees within the next two years to decrease costs and spend more on research, the Finnish telecoms group reports.

Mon, 19 Apr 2021 14:00:08 GMT

France struggles with vaccination

A report published by Reuters on Monday revealed that French authorities struggle to distribute AstraZeneca coronavirus vaccines.

Mon, 19 Apr 2021 13:00:08 GMT

Citigroup increases investment in China

On Monday, Reuters revealed that Citigroup would expand its business in China by increasing investment banking activities.

Mon, 19 Apr 2021 12:00:09 GMT

European stocks reach high level

During Monday's European trading hours, European stock indices surged and reached new high levels.

Mon, 19 Apr 2021 10:57:10 GMT

Shopping surges in UK

On Monday, it was revealed that the number of shoppers in the United Kingdom had jumped by 87.8% during the previous week.

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