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Crypto Exchange Coinbase Postpones IPO To April
Monday, March 22, 2021 - 10:51am | 526Read More...Major cryptocurrency exchange Coinbase has postponed its direct listing to April, according to Bloomberg. What Happened: The exchange had initially planned to go public later this month, but those plans have now fallen through, said sources close to the matter who wished to remain anonymous. The...
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Automotive Part Maker Vitesco Eyes Apple Car For Its EV Foray: Bloomberg
Monday, March 22, 2021 - 8:52am | 515Read More...Apple Inc’s (NASDAQ: AAPL) debut in the electric car space has the potential to unlock newer revenue streams for Continental AG’s (OTC: CTTAF) (OTC: CTTAY) Vitesco Technologies powertrain unit, capitalizing on Apple’s unsuccessful attempts with ...
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Microsoft Adds New Vaccine Management Tools To Amend Past Loopholes: Bloomberg
Friday, March 19, 2021 - 12:16pm | 323Read More...Microsoft Corp (NASDAQ: MSFT) launched a new technology to drive government and health care organizations’ vaccine management systems to fix the company’s initial custom-built program deficiencies, Bloomberg reports. The Microsoft Vaccine Management product features and...
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WhatsApp's New Privacy Policy Faces Indian Government's Backlash: Report
Friday, March 19, 2021 - 12:08pm | 400Read More...India’s federal government urged court restraint from Facebook Inc (NASDAQ: FB)-owned WhatsApp’s implementation of a controversial privacy policy, Bloomberg reports. India is the biggest market for WhatsApp by users. The government alleged that the app’s...
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SoftBank-Backed Didi Fast Tracks IPO Plans At Higher Valuations: Bloomberg
Friday, March 19, 2021 - 11:27am | 507Read More...China’s ride-hailing company, Didi Chuxing Technology Co, fast-tracked its initial public offering (IPO) plans by next quarter to capitalize on the COVID-19 vaccine-led economic recovery, Bloomberg reports. SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF)-backed Didi...
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China Restricts Military, State Personnel Use Of Teslas Over National Security Concerns: Report
Friday, March 19, 2021 - 11:16am | 432Read More...The Chinese government has restricted Tesla Inc (NASDAQ: TSLA) vehicle access to military, state-owned enterprises in sensitive industries, and critical agencies over national security concerns, the Wall Street Journal reports. What Happened: Tesla vehicles had eight...
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ImmunityBio's COVID-19 Vaccine Will Be Manufactured In South Africa: Bloomberg
Friday, March 19, 2021 - 7:39am | 316Read More...ImmunityBio Inc (NASDAQ: IBRX) says it will make its first COVID-19 vaccine in South Africa by The Biovac Institute, a partly state-owned company, once regulators approve it, reports Bloomberg. Production of ImmunityBio’s vaccine in South Africa will bolster its role as the...
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Nokia CEO Bets On Longer 5G Cycle To Catchup With Competition: Bloomberg
Thursday, March 18, 2021 - 2:02pm | 319Read More...Nokia Oyj (NYSE: NOK) CEO Pekka Lundmark expects time-consuming 5G networks investments to act as a boon enabling the Finnish telecommunications gear maker to catch up with the competition, Bloomberg reports. Lundmark expects the main 5G network buildout to take twice the time of...
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Apple To Launch New High-End iPad Line With Self-Built Processor In April: Report
Thursday, March 18, 2021 - 1:40am | 428Read More...Apple Inc. (NASDAQ: AAPL) aims to launch a new line of iPad Pro in April and is also planning updates to its existing iPad line, Bloomberg reported Wednesday, citing people with knowledge of the matter. What Happened: The new iPad Pro models will come with a better processor, improved cameras...
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Tencent-Backed Futu Taps Singapore's Retail Trading Boom: Bloomberg
Wednesday, March 17, 2021 - 2:47pm | 422Read More...Chinese online broker Futu Holdings Ltd (NASDAQ: FUTU) set up a base in Singapore to tap the retail investor trading boom in Southeast Asia, Bloomberg reports. The Tencent Holdings Ltd (OTC: TCEHY)-backed company started an office in the city-state last week to...
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Alibaba To Open Up Deals App On Tencent's WeChat Messaging Platform For Antitrust Immunity: Bloomberg
Wednesday, March 17, 2021 - 2:41pm | 539Read More...Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) is planning to offer its bargains service on rival Tencent Holdings Ltd’s (OTC: TCEHY) WeChat messaging platform. The move comes following the regulatory crackdown by China’s watchdog...
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Micron Ends Intel's 3D XPoint Chip Development Partnership, Plans Factory Sale: Bloomberg
Wednesday, March 17, 2021 - 10:41am | 373Read More...Micron Technology Inc (NASDAQ: MU) is ending the 3D XPoint chip development partnership with Intel Corp (NASDAQ: INTC) and selling the factory in Lehi, Utah, Bloomberg reports. The two U.S. companies previously claimed the market-changing abilities of the 3D XPoint...
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Update: Chip Crisis, Bad Weather Impacts Honda And Toyota's North American Production
Wednesday, March 17, 2021 - 9:25am | 415Read More...Honda Motor Co Ltd (NYSE: HMC) would suspend production at some plants in the U.S. and Canada next week due to supply chain problems triggered by the pandemic, chip shortage, and severe winter weather, Bloomberg reports. The automaker would stop work at plants in Marysville,...
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Baidu Targets $3.1B Hong Kong Offering, Set For March 23 Trading: Bloomberg
Wednesday, March 17, 2021 - 8:12am | 560Read More...Baidu Inc (NASDAQ: BIDU) is set to raise about $3.1 billion (HK$23.9 billion) from 95 million Hong Kong share sales, Bloomberg reports. Baidu waited for the relaxation in tech share volatility to join a bevy of U.S.-listed Chinese companies getting listed in Hong Kong, led...
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Google Pushes Deeper In Health Tech, Adds Sleep Tracking To Nest: Bloomberg
Tuesday, March 16, 2021 - 3:14pm | 538Read More...Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Nest unit’s expansion into health technology with a sleep pattern tracking feature unleashed a potential new revenue stream while raising privacy concerns, Bloomberg reports. What Happened: Alphabet launched...
