Bloomberg

San Diego’s self-driving semi-truck firm TuSimple Holdings Inc (NASDAQ: TSP) CEO Cheng Lu has projected impressive profits following the debut of its 2024 driverless 18-wheelers in partnership with Navistar International Corp (NYSE: NAV) and Volkswagen AG...

Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has announced $250 million in advertising grants for pro-vaccination groups to sponsor over 2.5 billion vaccine-related public service announcements, Bloomberg reports. Google’s vaccine-focused charity partner,...

Amazon.Com Inc’s (NASDAQ: AMZN) soon-to-be CEO Andy Jassy has assured his Indian partners and customers about his focus on ensuring small and medium businesses will thrive working with the Amazon platform, Bloomberg reports.  Jassy’s insinuation points towards his...

The market-leading cryptocurrency Bitcoin (CRYPTO: BTC) hit a fresh all-time high of $64,863 on Wednesday ahead of Coinbase Global Inc’s (NASDAQ: COIN) public debut. What Happened: While popular crypto advocates have a $300,000 price target for Bitcoin by the end of the year, a...

General Atlantic, Index Ventures, and Accel-backed website-hosting service Squarespace Inc are eyeing a direct 2021 listing instead of a traditional initial public offering (IPO), Bloomberg reports. Squarespace would join the likes of Roblox Corp (NYSE: RBLX), ...

Amazon.Com Inc’s (NASDAQ: AMZN) alleged unfair practices has attracted a protest event from over half a million small Indian business merchants on Thursday, Bloomberg reports. The local traders have long blamed giant e-tailers like Amazon and Walmart Inc (NYSE: ...

The Securities and Exchanges Commission (SEC) has been vocal about making changes to the SPAC industry. The latest change from the SEC could center around how SPAC warrants are classified. What Happened: Warrants, which are typically issued for SPACs when units begin trading, could be reclassified...

Apple Inc (NASDAQ: AAPL) will showcase its first product for 2021 on April 20 at the “Spring Loaded” event, which will be streamed online, Bloomberg reports. Apple plans to reveal a new line of iPad Pro as early as April based on a recent Bloomberg report. The...

A regulator from Hamburg, Germany sought an injunction before May 15 to prohibit Facebook Inc (NASDAQ: FB) from user data collection by WhatsApp following concerns over data misuse for marketing and advertising purposes, Bloomberg reports. “WhatsApp is now used by almost...

The Chinese telecom company, Huawei Technologies Co, aims to invest over $1 billion on researching autonomous-driving and electric-car technologies, intensifying competition with Tesla Inc (NASDAQ: TSLA), Xiaomi Corp (OTC: XIACF) (OTC: XIACY), NIO Inc...

Apple Inc (NASDAQ: AAPL) is working to combine an Apple TV set-top box with a HomePod speaker and a video conferencing camera through a connected TV and other smart-home functions, Bloomberg reports. Other features would include standard Apple TV box functions, including video...

Canadian auto supplier and contract manufacturer Magna International Inc (NYSE: MGA) jumps the electric vehicle (EV) bandwagon by devising a modular EV with Israeli EV and battery-related start-up REE Automotive, Bloomberg reports. The production location, timeline, and...

Kraken, the second-largest U.S.-based crypto exchange after Coinbase, has set its sights on going public in 2022, according to CEO Jesse Powell. What Happened:  Powell, who founded Kraken in 2011, told CNBC that it had plans to go public sometime next year. “It would probably...

SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF)-backed Chinese ride-hailing company, Didi Chuxing, also known as the Uber of China, raised $1.5 billion debt from banks as it continues to evaluate a potential listing at a possible $100 billion valuation, Bloomberg reports. Didi...