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Huawei To Charge 5G Royalties From Apple, Samsung: Bloomberg
Tuesday, March 16, 2021 - 1:03pm | 508Read More...Huawei Technologies Co Ltd would start charging Apple Inc (NASDAQ: AAPL) with a reasonable fee for access to its trove of wireless 5G patents, unleashing a new revenue stream via its competitive moat, Bloomberg reports. What Happened: Huawei would negotiate rates and...
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French Data Watchdog Launches Initial Probe Against Apple's Ad Feature: Bloomberg
Tuesday, March 16, 2021 - 11:46am | 351Read More...France’s data-protection watchdog, CNIL (The Commission nationale de l’informatique et des libertés), initiated an investigation on Apple Inc (NASDAQ: AAPL) for alleged violation of the European Union (EU) privacy rules by its personalized advertising feature,...
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Bitcoin Becomes Best Performing Asset Of The Decade, Returning Ten Times More Than Nasdaq 100
Tuesday, March 16, 2021 - 9:22am | 388Read More...After its recent surge to $60,000, Bitcoin has become the best performing asset class of the decade with an annualized return of 230%, data shows. What Happened: The data, which was compiled by CEO of Compound Capital Advisors Charlie Bilello, examined the returns of the 17 best-performing...
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Rupert Murdoch's News Corp Inks Deal To Resolve Facebook's Australian Content Blackout: Report
Tuesday, March 16, 2021 - 6:56am | 649Read More...News Corp (NASDAQ: NWSA) became the first media outlet to reach a content-supply deal in Australia with Facebook Inc (NASDAQ: FB). It attempted to resolve the latter’s brief blackout in protest against the country’s new content law, which sought an...
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ByteDance Moves Into Semiconductors, Goes On Hiring Spree: Bloomberg
Tuesday, March 16, 2021 - 6:36am | 658Read More...Chinese start-up ByteDance Ltd initiated a hiring drive to gain self-reliance in semiconductor production, Bloomberg reports. What Happened: ByteDance’s initiative comes amidst the Chinese government’s pledge to boost spending and drive research into cutting-edge...
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Nintendo Prepares For Record Switch And Gaming Sales: Bloomberg
Monday, March 15, 2021 - 11:24am | 568Read More...Nintendo Co Ltd (OTC: NTDOF) (OTC: NTDOY) is scheduling for flattish to slightly higher Switch game console sales during FY22, boosted by introducing a version with an OLED display, Bloomberg reports. What Happened: The expectations are backed by marquee game releases...
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Tencent Shares Are Trading Lower Over Regulatory Crackdown Concerns
Monday, March 15, 2021 - 7:40am | 384Read More...Tencent Holdings Ltd (OTC: TCEHY) stock dropped for the second day over regulatory concerns, wiping off $62 billion in market value, Bloomberg reports. The stock lost over 4% in Hong Kong on Monday, after a 4.4.% drop on Friday. Tencent continued to attract regulatory attention...
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Google Under EU Watchdog Probe For Advertising: Bloomberg
Friday, March 12, 2021 - 3:14pm | 483Read More...The EU Competition Commissioner Margrethe Vestager cautioned Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google over a very cumbersome inquiry into its advertising business a new angle to a decade-long antitrust battle, Bloomberg reports. The EU assigned...
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Uber, Lyft To Share Deactivated Drivers Data To Improve Industry Wide Safety: Bloomberg
Friday, March 12, 2021 - 1:09pm | 432Read More...Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) have created a program to disclose information about drivers and delivery people deactivated from their platforms for serious offenses, Bloomberg reports. The ride-hailing companies would disclose...
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Alibaba-Backed Chinese AI Startup Megvii Sets For Shanghai IPO: Bloomberg
Friday, March 12, 2021 - 1:01pm | 444Read More...Alibaba Group Holding Ltd (NYSE: BABA)-backed Megvii Technology Ltd is set to become the first major Chinese artificial intelligence (AI) start-up to go public after filing for a Chinese Depositary Receipt (CDR) offering on the Shanghai’s Star board on Friday, ...
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Zoom Mostly Wins User Data Privacy Lawsuit: Bloomberg
Friday, March 12, 2021 - 9:25am | 432Read More...Zoom Video Communications Inc (NASDAQ: ZM) won the most vital lawsuit alleging its illegal sharing of users’ personal information with Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and Facebook Inc (NASDAQ: FB), Bloomberg reports...
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Hong Kong Approves Bilibili's $3B Dual Listing
Friday, March 12, 2021 - 9:13am | 601Read More...Chinese video streaming platform Bilibili Inc (NASDAQ: BILI) received Hong Kong stock exchange’s approval for its proposed listing, Bloomberg reports. The U.S.-listed tech firm could reportedly raise $3 billion from the share sale. The approval was previously ...
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Former Uber Drivers Await Amsterdam Court's Decision For Alleged Driver Data Withholding: Bloomberg
Thursday, March 11, 2021 - 2:58pm | 448Read More...Former Uber Technologies Inc (NYSE: UBER) drivers James Farrar and Yaseen Aslam are awaiting the Amsterdam District Court's decision on the ride-hailing giant's potential breach of Europe's strict privacy regulations by withholding information on drivers and couriers,...
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SoftBank-Backed Coupang Opens For Trade Raising Record $4.6B In Upsized IPO Priced At $35/Share
Thursday, March 11, 2021 - 1:41pm | 594Read More...SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY) backed South Korean e-commerce company Coupang Inc (NYSE: CPNG) and a group of existing shareholders have raised $4.6 billion to become one of the biggest U.S. listings by an Asian company, Bloomberg reports. Coupang...
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Toyota Cautions Apple On Auto Market Debut Citing Long-Term Sustainability Challenges: Report
Thursday, March 11, 2021 - 12:42pm | 594Read More...Toyota Motor Corp (NYSE: TM) President Akio Toyoda cautioned Apple Inc (NASDAQ: AAPL) of its ambitious auto venture. He said that just the technology would not suffice, and there’s more to the business of selling cars, Bloomberg reports. “Anyone can make a...
