On Thursday, Steve Dickson, the head of the Federal Aviation Administration (FAA) said, he is confident that aviation safety concerns surrounding 5G C-Band deployment will be addressed “safely with minimal disruptions”. Dickson is slated to tell a House of Representatives… Read More ›
Entrepreneurship
Alphabet Inc close to joining elite $2 trillion market valuation club
Alphabet Inc, Google’s parent company, is close in to join its peers, Microsoft Corp and Apple Inc in the elite $2 trillion market valuation club with the search engine giant’s shares surging more than 8% following a better than expected quarterly results…. Read More ›
Electronic Arts names Chris Suh as CFO
Electronic Arts Inc has named Microsoft’s executive Chris Suh as its new chief financial officer. Suh, who is currently serving as corporate vice president and CFO of Microsoft’s Cloud + AI group, will replace Blake Jorgensen. Suh has been with Microsoft since… Read More ›
Sony to acquire Halo video game creator Bungie Inc for $3.6 billion
In a development that marks the latest consolidation that is sweeping the gaming sector, Sony Interactive Entertainment said, it has decided to acquire the original creator of the “Halo” videogame and developer of “Destiny”, Bungie Inc, in a deal valued at… Read More ›
Boeing lands Qatar Airways as launch customer for 777X freighters
Boeing has landed Qatar Airways as the launch customer for its 777X freighters, with the latter placing an order for 34 of the new freighters as well as a surprise purchase of 737 MAX passenger jets in a $30 billion-plus… Read More ›
FTC will conduct antitrust review of Microsoft’s acquisition of Activision Blizzard Inc
According to a source familiar with the matter at hand, the US Federal Trade Commission (FTC) will conduct an antitrust review of Microsoft Corp’s proposed acquisition of Activision Blizzard Inc. The FTC will scrutinize the deal to see whether it will… Read More ›
Will designate Qatar as major non-NATO ally soon: Biden
U.S. President Joe Biden has promised Qatar’s emir, Sheikh Tamim bin Hamad al-Thani, that he will designate Qatar as a major non-NATO ally. In a meeting in the Oval Office, Biden said he planned to notify the U.S. Congress of… Read More ›
Economists Expect Bank Of England To Impose Two Consecutive Rate Hikes, A First Since 2004
According to predictions of economists, the Bank of England will potentially raise interest rates twice this year which would be a first since 2004 for the central bank. The UK central bank is trying to lead the UK economy through… Read More ›
With Rise In Transportation Costs, Competition For Cargo Planes Is Also Increasing
As the shipping supply problem deepened last summer, an Italian cargo plane was quickly filled with thousands of lipsticks. They had a tight timetable to get to the United States. Mehir Sethi, CEO, and founder of True + Luscious, a… Read More ›
UK to announce Brexit Freedom Bill
On Monday, British Prime Minister Boris Johnson is set to announce the creation of the ‘Brexit Freedoms Bill’ which aims to make it easier to remove or amend EU regulations that were incorporated in British law before its departure from… Read More ›