Reuters

Twitter Inc (NYSE: TWTR) will begin testing ads trial on its vanishing posts feature, “Fleets,” to compete with Facebook Inc (NASDAQ: FB) and Snap Inc’s (NYSE: SNAP) ads monetized “Stories” posts feature that fades after 24 hours, Reuters...

China’s Beijing Teenagers Law Aid And Research Center has prosecuted Tencent Holdings Ltd (OTC: TCEHY) for alleged unsuitable content for minors in the game developer’s flagship video game, Honor of Kings, Reuters reports. The suit coincided with China’s...

33,000 drivers joined the Uber Technologies Inc (NYSE: UBER) platform during the May 17 week, posting a week-on-week active driver hour growth of 4.4%, Reuters reports. It had led to a moderate reduction in the passenger wait period. Uber reported 209,000 quarterly drivers through...

Intel Corp (NASDAQ: INTC) CEO Pat Gelsinger acknowledged the global supply chain strain from remote work and study triggered semiconductor demand explosion and estimated the crisis to last for several years, Reuters reports. Gelsinger had previously disclosed chip production plans ...

Japanese automakers Toyota Motor Corp (NYSE: TM) and Honda Motor Co Ltd (NYSE: HMC) have temporarily suspended production at their Malaysian factories due to the countrywide COVID-19 lockdown from June 1 to June 14, Reuters reports. Toyota produced 51,000 vehicles in...

Tech giant Apple Inc's (NASDAQ: AAPL) podcasts subscription was slated to start this month with iOS 14.6 What Happened:  Apple has delayed the launch of its new podcast subscription service to June, Reuters reports.  Podcast creators are facing issues with...

The pandemic resurgence has compromised Vietnam’s factory production locations that house Apple Inc (NASDAQ: AAPL) and Samsung Electronics Co Ltd (OTC: SSNLF) suppliers, Reuters reports. Over 3,000 people have contracted the virus in 30 of its 63 cities and provinces...

Japanese carmaker Nissan Motor Co Ltd (OTC: NSANF) will temporarily stop production at three Mexican plants in June due to the semiconductor chip crisis, Reuters reports. The crisis is estimated to affect the auto industry by $110 billion in lost revenue in 2021. Recently...

Logitech International SA (NASDAQ: LOGI) CEO Bracken Darrell estimates the semiconductor chip crisis to loom for three to six months and up to a year for some industries, Reuters reports based on Swiss newspaper Finanz und Wirtschaft. Darrell acknowledged Logitech's success in...

Internet lobbying groups NetChoice and Computer & Communications Industry Association (CCIA), including members like Facebook Inc (NASDAQ: FB), Twitter Inc (NYSE: TWTR), and Alphabet Inc’s (NASDAQ: GOOGL) Google filed a lawsuit against Florida’s...

European Medical Agency backed the use of Pfizer Inc (NYSE: PFE) - BioNTech SE's (NASDAQ: BNTX) COVID-19 vaccine for children as young as 12, paving the way for a broader roll-out in Europe, reports Reuters. The endorsement comes weeks after it began evaluating extending...

Dell Technologies Inc (NYSE: DELL) and HP Inc (NYSE: HPQ) estimated the ongoing semiconductor chip crisis to affect their laptop supply for 2021, despite beating the analyst consensus for their Q1 and Q2 FY21 results, Reuters reports. Dell CFO Thomas Sweet estimated the rising...

The U.S. Justice Department has launched a criminal investigation into Eli Lilly and Co (NYSE: LLY) focused on alleged manufacturing irregularities and records tampering at Branchburg plant, reports Reuters. The plant manufactures Eli Lilly’s COVID-19 therapy and other drugs,...

As a step to accelerate vaccination rollout, India has reportedly scrapped local trials for “well-established” foreign COVID-19 vaccines, with a government official saying Pfizer Inc (NYSE: PFE) shots could arrive by July. Only about 3% of India’s 1.3 billion...

A Russian court has penalized ByteDance Ltd’s TikTok 1.5 million roubles ($20,425) for retaining banned content, Reuters reports. The court also slapped a fine of 7 million roubles ($95,310) on Twitter Inc (NYSE: TWTR) earlier today. It recently...