Bloomberg

Facebook Inc (NASDAQ: FB), Twitter Inc (NYSE: TWTR), and Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube’s Tuesday Senate hearing focused on algorithms employed by the companies for user-generated information, Bloomberg reports....

Roku Inc (NASDAQ: ROKU) has started intimating customers about losing access to Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube TV app, signifying the latest deadlock between the companies, Bloomberg reports. Roku has alleged Google’s biased and...

Johnson & Johnson (NYSE: JNJ) is reportedly bringing back its plans to sell its breast implant unit, Mentor. Bloomberg reported that the company is working with an adviser on a sales process. The business is expected to draw interest from private equity firms, according to one...

Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group plans to offer no-interest loans to employees who own illiquid stock options as it looks to boost employee morale after the suspension of its mega-IPO last year, Bloomberg reported on Monday. What Happened: Ant told employees last...

Technology firms including Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, and Amazon.Com Inc (NASDAQ: AMZN) spent $2.7 million and $4.8 million on lobbying in the first quarter of 2021 following growing U.S. Congressional antitrust scrutiny, ...

The Japanese automaker, Mitsubishi Motors Corp (OTC: MMTOF) (OTC: MMTOY), will reduce global production by roughly 16,000 cars in May due to the semiconductor chip crisis, Bloomberg reports. In March, Mitsubishi aimed to reduce the domestic vehicle output by 4,000 to 5,000...

Amazon.Com Inc (NASDAQ: AMZN) is set to introduce automated checkout technology to standard supermarkets, Bloomberg reports. The planning documents for Brookfield, Connecticut, under construction store contain every hallmark of an Amazon Fresh grocery store. The plans also signify a...

President Joe Biden’s tax boost proposals under his infrastructure bill have targeted technology giants like Apple Inc (NASDAQ: AAPL) and Microsoft Corp (NASDAQ: MSFT), Amazon.Com Inc (NASDAQ: AMZN), Facebook Inc (NASDAQ: FB), ...

Scott Minerd — the chief investment officer at Guggenheim Partners, a financial services firm managing over $310 billion — believes that Bitcoin (CRYPTO: BTC) could soon see a significant downwards movement. What Happened: Minerd explained on CNBC today that...

Facebook Inc’s (NASDAQ: FB) photo-sharing app, Instagram, will soon allow users to hide direct message requests containing inappropriate words, phrases, or emojis, Bloomberg reports. Every direct message request from a preset list will be filtered into a separately hidden...

The 5G and high-performance computing led global semiconductor demand spike, supported by the easing pandemic translated into Taiwan’s fifth consecutive double-digit monthly export order growth, Bloomberg reports. Taiwan’s export orders rose 33.3% to $53.7 billion in March,...

A policy executive will represent Alphabet Inc’s (NASDAQ; GOOGL) (NASDAQ: GOOG) Google on Wednesday’s Senate app store antitrust hearing, Bloomberg reports. Senior Director of Government Affairs and Public Policy Wilson White will represent Google. Chief Compliance...

Amazon.Com (NASDAQ: AMZN) is testing a premium service that enables customers to assemble furniture or appliances on home arrival, intensifying war with the likes of Wayfair Inc (NYSE: W), Best Buy Co Inc (NYSE: BBY), Home Depot Inc (NYSE: HD...

Denver’s luxury travel startup, Inspirato, is planning a reverse special purpose acquisition company (SPAC) merger with Thayer Ventures Acquisition Corp (NASDAQ: TVAC) (NASDAQ: TVACU) to go public at over $1 billion valuation, Bloomberg reports. Inspirato offers...