Facebook’s new operating system will bring its independence from Apple and Google. It is said that it will focus on future products, including AR glasses.
Tesla stock seems to be unstoppable as it soared past $400 on Thursday, which is the culmination of a late-year rally that started in October when the Silicon Valley car maker surprised investors by showing a profit for its third quarter.
Soon after laying off employees, WeWork sells Managed by Q unit, which results from the company’s need to cut its costs and unload assets.
On Wednesday, the U.S. House voted to impeach Trump for abuse of power and obstruction of Congress. The proceedings are forwarded to the Senate which will make the final call on Trump’s impeachment.
U.S. electric vehicle maker Tesla is considering cutting the prices of its China-built Model 3 sedans by 20% or more next year. Prices of the cars, which will be manufactured in Tesla’s new Shanghai factory, will stand at $50,500.
Isuzu Motors Ltd. is set to acquire UD Trucks owned by Volvo Group for 250 Billion Yen ($1.3 Billion). This deal is said to be very beneficial for Volvo.
MacDonald’s will use the Adyen platform to receive and process payments made in its mobile app. The UK will be the first country with this initiative implemented.
After their merger, Fiat Chrysler and PSA will share their technical expertise to make pathbreaking products that demand high infrastructure and automation.
Canaan’s stock prices has fallen after IPO as the cryptocurrency mining equipment manufacturer is struggling to survive its business.
The Dow Jones Industrial Average hit a new all-time high yesterday. There are a few reasons why the Dow might be poised for bigger wins.
According to Simon Smith, Head of International at Ola, this amount was reached in three weeks, and a large number of drivers had occurred “through referrals and word of mouth”.
Strong media reports suggest that the British government under Boris Johnson is likely to make it illegal to further extend the transition post-Brexit period beyond December 2020.
In a bid to ensure that it cuts losses on its journey to profitability, Uber is planning to sell the Indian arm of its Uber Eats business to Zomato.
Markets in the United States have been enjoying gains for the past four days thanks to the positive changes in the U.S.-China relations.
Intel announced that it had acquired Habana Labs in a clear indication that it aims to venture deep into the Artificial Intelligence chip market.