Qualcomm is planning to acquire a chip start-up founded by Apple's veterans Nuvia Inc in a deal worth $1.4B, as it seeks to put the company's technology into its laptop, smartphone and automotive processors.
The on-going mobility restrictions and lockdowns in several countries are threatening to slow the companies' first-quarter earnings recovery, investment banks warned on Wednesday.
On Wednesday, WeWork's CEO Sandeep Mathrani stated the co-working company was on track to become profitable by the 2021's Q4, with its China office spaces nearly bouncing back to the levels it had before the pandemic.
Car exports from China fell 2.9% in 2020, compared to the prior year, a statement published by the China Association of Automobile Manufacturers shows.
Exports of goods from Israel declined 8.5% to $54B in 2020, compared to the previous year, data published by the Central Bureau of Statistics show.
Dropbox plans to lay off 11% of its employees, including the Chief Operating Officer Olivia Nottebohm, who joined the previous year from Google.
Johnson & Johnson will unlikely to meet the US COVID-19 vaccine supply target by spring, as the company faces delays in vaccine production, according to the New York Times report seen on Wednesday.
On Wednesday, Target reported a 17.2%% surge in its comparable sales, boosted by the retailer's strong sales results in the holiday season.
The director of Intel's autonomous car subsidiary stated the firm seeks to use its own radar technology by 2025 amid its plan to reduce the self-driving costs.
Visa and Plaid, the financial technology firm, announced they would terminate the $5.3B merger deal after the US government sought to stop the transaction, citing antitrust concerns.
On Wednesday, the President of the European Central Bank Christine Lagarde stated that the euro zone is set to recover despite lockdown measures.
On Wednesday, Ford Motor reported it had sold 602,627 car units in China in 2020, up 6% year-on-year, marking the company's first annual growth in the Chinese market since 2017.
Amazon.com India launched an online academy to coach its students for the most competitive test for the engineering college entrance in the country, the e-commerce company announced on Wednesday.
The President-elect Joe Biden will name Gary Gensler as a new chair of the US Securities and Exchange Commission, an appointment that is likely to raise concerns among Wall Street companies of tougher regulation.
The US planemaker Boeing delivered a total of 157 airplanes to customers last year, down from 380 in 2019, the company's data revealed on Tuesday.
On Tuesday, the Chief Executive Officer of General Motors Mary Barra outlined plans for the company to launch its first BrightDrop electric delivery vehicle business.
On Tuesday, Pfizer's Chief Executive Albert Bourla said that the pharmaceutical company expects to earn $3 to $3.10 a share in 2021.
On Tuesday, the US Labor Department said that job openings, which measures the US labour demand, declined in November.
France's carmaker Renault and Plug Power, the US hydrogen specialist, joined forces to design hydrogen-powered light commercial cars, companies stated.
The Google News Initiative launched an open fund to fight misinformation over Ccoronavirus vaccines globally, worth up to $3M.
General Motors announced plans to enter electric car delivery business and deliver first BrightDrop vans to FedEx by the end of the year.
The UK boot brand Dr. Martens is set to pursue an IPO on London stock exchange on Monday, where private equity owner Permira is expected to sell part of the stake.
China's EV maker Xpeng Inc secured a credit line of around $2 billion from five local banks to expand sales and manufacturing.
BMW announced that it saw an 8.4% decline in car sales last year, as many retail outlets around the world were closed due to the COVID-19 outbreak.