Rob Leathern, Facebook Inc’s chief of advertising integrity, who handled the social media giant’s ad products around sensitive subjects including coronavirus misinformation and politics, has left the company, according to an internal memo. Earlier this month Leathern had said on… Read More ›
On Saturday, driven by a steady adoption of electric vehicles, Tesla Inc reported a better-than-expected 2020 vehicle deliveries and narrowly missed its CEO’s ambitious full-year delivery goal. The results come at a time when the global auto industry, like most… Read More ›
In a memo, Delta Air Lines CEO Ed Bastian said stated, he continues to expect the company to achieve a positive cash flow by the coming spring. In a note to employees, Bastian said Delta Air Lines will likely “experience… Read More ›
With the united Kingdom completing its transition period out of the European Union, Scotland’s First Minister Nicola Sturgeon stated Scotland would soon be back in the bloc. “Scotland will be back soon, Europe,” tweeted Sturgeon on Twitter at 2300 GMT…. Read More ›
In a development that marks an intensification in the cracking down on Chinese billionaire Jack Ma’s financial technology empire, Chinese regulators are reviewing equity investments held by Ant Group Co Ltd in dozens of companies, said three sources with knowledge… Read More ›
On Wednesday, the Russian subsidiary of Honda Motor Co said it would stop supplying new cars to official dealers in Russia in 2022. The move is part of the company’s efforts to restructure its operations. Honda has clarified that it… Read More ›
In a statement British Health Secretary Matt Hancock said, hundreds of thousands of doses of the AstraZeneca-Oxford COVID-19 vaccine will start rolling out in Britain after the COVID-19 vaccine candidate was approved by regulators. “We’ll get going on this,” said… Read More ›
In a statement the Pentagon said, the U.S. State Department has approved the potential sale of 3,000 precision guided munitions to Saudi Arabia in a deal valued at up to $290 billion. The incoming Bidden Administration has pledged to halt… Read More ›
In a significant development, global index publisher FTSE Russell stated it will delete more Chinese companies from its global benchmarks following the Trump administration strengthening an executive order barring U.S. investment in Chinese firms which have military backing. On Monday,… Read More ›
In a significant development South Korea has signed a memorandum of understanding (MOU) with a unit of South Korean giant LG Group for a battery investment deal valued at $9.8 billion electric vehicle (EV). The deal, signed on December 18,… Read More ›
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