A growth in revenues from popular games as well as a rise in online advertising sales helped the Chinese gaming and social media giant Tencent Holdings to comfortably beat analysts’ estimates of profits of the second quarter with a jump… Read More ›
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Tesla’s Expects To Start Making Cars At Berlin Plant In Oct, Says Elon Musk
Manufacturing of its first cars at its “Gigafactory” in Gruenheide, near Berlin, is expeced to be started by United States based Tesla in October or soon afterwards, said the company’s Chief Executive Elon Musk. The anticipated opening of the gigafactory… Read More ›
US Approval For Operating Undersea Data Cable Filed By Facebook, Amazon
Tech giants Facebook Inc and Amazon.com Inc have sought approval from the United States government for starting operations of a new undersea data cable between the Philippines and California following the exit of China Mobile from the plan, said a… Read More ›
BHP Could Announce Decision On Exiting Petroleum Business Next Week
With growing pressure to cut its fossil fuel footprint, BHP Group Ltd is increasingly expected to give a final decision on the future of its petroleum business when it announces its results next week. There has been increasing pressure on… Read More ›
Hacker Of Largest Crypto Theft Ever Offered Reward And Immunity
A reward of $500,000 and immunity was offered to a hacker who stole more than $600m worth of cryptocurrency for returning the money. The controversial offer, made after the hacker pledged to send back the money, was made by Poly… Read More ›
Lighter Winds Impact Results Of Offshore Firms Orsted, RWE
Lighter winds impacted the performance of the two largest offshore wind players of the world in the first quarter – Orsted and RWE, which highlighted the extent to which profit in this booming industry is dependent on weather conditions. Wind… Read More ›
China Files Case Against Tencent Over WeChat Youth Mode
Charges that Tencent’s messaging-app WeChat’s Youth Mode does not comply with laws protecting minors were placed against the Chinese tech company by the country’s regulators and prosecutors have filed a civil legal action against the company already. The Youth Mode… Read More ›
Electric Vehicle Metals To Be Explored In Greenland By Billionaire-Backed Mining Firm
An agreement has been signed between mineral exploration company KoBold Metals and London-listed Bluejay Mining for searching for critical materials in Greenland that are used in electric vehicles. KoBold is backed by billionaires including Jeff Bezos and Bill Gates. Bluejay… Read More ›
Acquisition Bid For Respiratory Drugmaker Vectura Raised By Tobacco Giant Philip Morris
Its bid to buy respiratory drugmaker Vectura has been raised to more than £1bn by Tobacco giant Philip Morris. Inhaled medicines and devices for treating respiratory illnesses such as asthma is made by Vectura and its customers include the likes… Read More ›
A Formal Two-Year Contract Offer From PSG To Lionel Messi After His Barcelona Exit
Football super star Lionel Messi has been formally made an offer for a two-year contract to join Paris Saint-Germain, claimed several reports. An initial two-year deal has reportedly been offered by the French football club which is believed to be… Read More ›
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