ARK Investment Management purchased more than 1 million shares of Twitter Inc a day after its former CEO Jack Dorsey stepped down from the company. According to the firm’s daily trade report, ARK acquired 1.1 million Twitter shares worth $48.9 million… Read More ›
Entrepreneurship
CDC to announce stricter air travel rules on Thursday
Late on Tuesday, in a statement the Center for Disease Control and Prevention (CDC) said, the United States will require all air travellers entering the country to show a negative COVID-19 test performed within one day of departure, in response… Read More ›
Australia Dares Challenges Facebook To Comply To Defamation Law Against Online Trolling
Australian Prime Minister Scott Morrison said that if Facebook Inc leaves Australia over rules that seek to hold the company accountable for defamation on its platform, it will demonstrate that it has no interest in making the online world safer…. Read More ›
Existing COVID-19 vaccines are unlikely to be effective against Omicron COVID-19 variant: Moderna’s CEO Stéphane Bancel
In a significant development, Moderna’s CEO Stéphane Bancel said, it is unlikely that existing COVID-19 vaccines will be effective against the Omicron COVID-19 variant. With Bancel’s comments reaching the market, crude oil futures shed more than a dollar, the Nikkei gave… Read More ›
Samsung unveils advanced chips for auto market
On Tuesday, Samsung Electronics unveiled its latest line of chips aimed at the auto market. Samsung’s advanced chips will be mounted in Volkswagen’s infotainment system developed by LG Electronics. There is a rising demand for “high-tech” automotive chips that can handle more… Read More ›
Britain’s services sector seeing price rise fastest in 2 decades
According to the results of a business survey released on Tuesday, costs for businesses are rising at their fastest rate in more than 2 decades for Britain’s services sector. As a result the Bank of England is likely to soon… Read More ›
Twitter’s CEO Jack Dorsey hands over reigns to Parag Agrawal
Twitter Inc’s CEO Jack Dorsey has stepped down from his role following which Parag Agrawal, Twitter’s Chief Technology Officer is set to lead the company. Agrawal, a 10-year veteran in Twitter, has signaled a tacit endorsement of a board strategy… Read More ›
US President Biden To Talk To CEOs Over Supply Chain Crisis As New Covid-19 Threat Looms
President Joe Biden was scheduled to meet with the chief executive officers of big retailers as well as other businesses on Monday to discuss the best way to bring products to the shelves when holiday shopping season in the U.S…. Read More ›
Australia will introduce legislation to force tech giants to act on defamatory content: Australian Prime Minister Scott Morrison
In a statement Australian Prime Minister Scott Morrison said, Canberra will soon introduce legislation to make social media giants provide details of users who post defamatory comments. The development comes at a time when the Australian government is looking to… Read More ›
Indian fintech unicorn Slice raises $220M in series B funding
On Monday, in a statement India’s latest fintech unicorn Slice said, it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners which valued the startup at more… Read More ›