INTERNATIONAL COMPANIES NEWS
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October 06, 2022, Thursday
Twitter rolls out edit button to paid subscribers in US: What we know
Twitter users have for years demanded the ability to edit their tweets after publishing them, mostly to fix errors such as typos
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October 06, 2022, Thursday
Peloton planning to cut additional 500 jobs to reverse losses: Report
To cut costs, the company cut hundreds of jobs, shuttered stores and outsourced delivery to third parties this year
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October 06, 2022, Thursday
Epic Games CEO Sweeney slams Apple over App Store price Increase
Epic Games CEO Tim Sweeney, who is now involved in a legal dispute with Apple, has claimed that "Apple had no justification for ...
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October 06, 2022, Thursday
12k Facebook employees may lose jobs amid 'quiet layoffs', says report
Meta is reportedly conducting 'quiet layoffs' at Facebook that may lead to thousands of job cuts -- at least 12,000 or about 15 ...
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October 06, 2022, Thursday
Google asks suppliers to produce over 8 mn Pixel 7 phones: Report
Anticipating an increased demand this festive season, Google has asked suppliers to produce more than 8 million units for its new ...
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October 06, 2022, Thursday
Secretive Chinese chip startup may help Huawei circumvent US sanctions
The Chinese technology giant is providing support to a startup in its hometown of Shenzhen that has ordered chipmaking equipment ...
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October 06, 2022, Thursday
Apple made illegal anti-union threats in Oklahoma, alleges complaint
Apple is violating federal labor law by engaging in surveillance and interrogation of employees, according to the CWA's claim
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October 05, 2022, Wednesday
Cook remembers Jobs, says 'great idea really can change the world'
In a tweet, Cook said: "Steve showed us all, again and again, that a great idea really can change the world. Remembering him ...
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October 05, 2022, Wednesday
Tesla retires ultrasonic sensors in new cars with new camera tech
Elon Musk-run Tesla has announced to retire ultrasonic sensors in its cars that sense objects around them
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October 05, 2022, Wednesday
Apple asks suppliers to shift some AirPods' production to India: Report
Apple Inc is asking its suppliers to move some AirPods and Beats headphone production to India for the first time in what could ...
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October 05, 2022, Wednesday
Credit Suisse loses Asia deputy wealth management head as departures mount
Credit Suisse Group AG's deputy wealth management head for Asia is leaving after about two decades with the bank, joining a wave ...
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October 05, 2022, Wednesday
Musk's Twitter deal has employees asking: Should I stay or should I go?
Presenters from internal groups like the product and revenue teams didn't officially discuss the development, or even acknowledge ...
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October 05, 2022, Wednesday
Twitter deal paves way for 'X, the Everything App', says Elon Musk
Elon Musk said buying Twitter would speed up the creation of something he called "X, the everything app," suggesting he wants to ...
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October 04, 2022, Tuesday
Cathie Wood scoops up Tesla as stock tumbles on deliveries miss in Q3
Funds backed by Wood's Ark Investment Management LLC bought 132,213 shares in Elon Musk's company on Monday, marking the firm's ...
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October 04, 2022, Tuesday
Meta settles lawsuits with two firms using its platforms for data scraping
Meta (formerly Facebook) has settled a lawsuit for "significant sum" against two companies that were engaged in data scraping ...
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October 03, 2022, Monday
Whole lotta zeros: Apple Music crosses 100 million song barrier
Apple Music says the milestone cements it as the world's largest catalog of music, more than YouTube Music's 80 mn songs, ...
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October 03, 2022, Monday
Automation Anywhere raises $200 mn from Silicon Valley Bank, others
The firm's cloud customers have run an estimated 50 million automations in 2022, with leading firms deploying thousands of bots ...
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October 03, 2022, Monday
Activision Blizzard's chief compliance officer resigns on assault charges
Gaming company Activision Blizzard's chief compliance officer, Frances Townsend, is stepping down after several sexual assault ...
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October 03, 2022, Monday
Tesla deliveries miss estimates in Q3, slowed by supply-chain snarls
It delivered a record 343,830 cars worldwide in the third quarter. Analysts had expected that nearly 358,000 vehicles would be ...
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October 02, 2022, Sunday
People still don't know what metaverse is all about: Apple CEO Tim Cook
Apple CEO Tim Cook has said that while many tech companies are bullish on metaverse, he is not sure if the average person can ...
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October 06, 2022, Thursday
Twitter slips as investors await funding details on Musk's $44-bn deal
Shares of the microblogging site were down marginally at $51.12, after rising 20% since Musk this week proposed to go ahead with ...
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October 06, 2022, Thursday
No plan to cut chip production despite slowing demand, says Samsung
Samsung Electronics is not considering a cut in production of its memory chips despite slowing demand amid concerns over a global ...
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October 06, 2022, Thursday
Japan's Toyota finds wheel, airbag fixes for recalled bZ4X crossover EVs
Japan's top automaker Toyota said on Thursday that it has identified how to fix its 2023 model year bZ4X crossover electric ...
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October 06, 2022, Thursday
Honda to cut car output by 40% at two Japanese plants in October
Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants for the rest of October from its ...
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October 06, 2022, Thursday
HSBC Holdings hires Credit Suisse's Chua for top M&A business in Asia
Credit Suisse Group AG's Christopher Chua is leaving the bank to help oversee the Asia mergers and acquisitions business at HSBC ...
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October 06, 2022, Thursday
Uber's former security chief convicted of concealing massive data breach
Uber Technologies' former security chief was convicted of concealing a massive data breach in a case that prosecutors tied to the ...
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October 05, 2022, Wednesday
Nigeria regulator seeks $70-million penalty in lawsuit against Meta
A Nigerian advertising regulator has sued Meta, accusing the owner of Facebook and WhatsApp of publishing unauthorized ads and ...
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October 05, 2022, Wednesday
Musk, Twitter may reach deal to end court battle as early as Wed: Report
Musk, the world's richest person, proposed to Twitter he would change course and abide by his April agreement to buy the company ...
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October 05, 2022, Wednesday
Elon Musk's Twitter turnaround reflects legal challenges: An explainer
News that Elon Musk has agreed after all to proceed with his USD 44 billion deal to buy Twitter may have felt like a stunning ...
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October 05, 2022, Wednesday
Morale of Twitter employees at all-time low with Elon Musk as boss
Elon Musk's intention to buy Twitter has hit the morale of employees at Parag Agrawal-led platform, as they aren't feeling great ...
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October 05, 2022, Wednesday
Musk-Twitter deal revives $12.5 billion headache for Wall Street banks
Musk's proposal to proceed with Twitter acquisition for the original offer price poses a headache at the worst possible time for ...
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October 05, 2022, Wednesday
Who are the big winners in Musk's Twitter deal? Merger arbitrage traders
After Musk and Twitter agreed to proceed with the deal at the original offer price at $54.20 a share on Tuesday, the social media ...
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October 04, 2022, Tuesday
Tesla analysts most bullish on EV maker in more than seven years
Tesla shares are rising Tuesday, up as much as 5.6% to touch $255.91, rebounding from Monday's sharp selloff after third-quarter ...
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October 04, 2022, Tuesday
Apple supplier Foxconn logs strong growth, says cautiously optimistic on Q4
Apple supplier Foxconn announced its consolidated revenue for the month of September and the third quarter, saying it is ...
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October 03, 2022, Monday
Goldman says reported OPEC-plus output cuts reinforce its bullish oil view
Despite one of the tightest markets in recorded history, Goldman said the cut could be justified by the 40% decline in prices ...
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October 03, 2022, Monday
Tesla stock slides as logistic issues widen deliveries and production gap
Shares opened at a more than two-month low and if losses hold, Tesla would lose nearly $58 bn in m-cap in a single day, more than ...
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October 03, 2022, Monday
Vodafone in talks for UK merger with Hutchison's Three, shares rise
Merger would create new leader in British mobile market; Vodafone in talks about creating a 51%-49% joint venture; deal ...
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October 03, 2022, Monday
Will protect business interests after freezing of assets in India: Xiaomi
Chinese smartphone maker Xiaomi Corp on Sunday said it was "disappointed" with an Indian order that froze $682 million of its ...
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October 02, 2022, Sunday
Tesla's EV deliveries miss estimates in Q3, slowed by logistic snarls
Tesla delivered 343,830 electric vehicles, while analysts on average had expected 359,162, according to Refinitiv. A year earlier ...
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October 02, 2022, Sunday
TikTok still planning to launch live shopping in US, says report
Chinese short-form video app TikTok is still working on its plan to launch live shopping in the US, after reports surfaced that ...
