Qualcomm has named a new chief executive officer as current CEO Steve Mollenkopf is retiring. Mollenkopf will be succeeded by Cristiano Amon, current president of the San Diego-based semiconductor company. The decision to retire by the 52-year-old Mollenkopf comes at a time when the chipmaker is at its highest point. Qualcomm is the uncontested leader […]

A staff member has been seen dressed as a smiling, red-nosed Christmas tree strolling through the emergency department of a San Jose hospital on Christmas, intending to bring some holiday cheer amid the COVID19 crisis. But, this move has led to another outbreak. Around 44 staff members from Kaiser’s San Jose emergency department have been […]

Electric vehicle maker Tesla has started selling the Model Y from January 1. The company said that the delivery will begin from this month itself. Model Y is a mid-size sport-utility vehicle. It is fully electric. The vehicle is manufactured at Tesla’s China facility. The US-based electric car manufacturer is looking to expand its sales. […]

It seems trouble is brewing for Walmart. The Justice Department has sued the multinational retail corporation. The department has accused Walmart of fueling the opioid crisis in the United States. The department has filed a lawsuit against the company. According to the department, Walmart’s pharmacies flouted the law. It said that the company submitted thousands […]

Search engine giant Google and social media giant Facebook have reportedly pledged to join hands in order to help one another. The companies will extend help to one another in the event of any investigation into their pact under which they are working together in online advertising. According to the report, the news is based […]

The US-based multinational retail corporation Walmart has announced to take deliveries to customers to the next level. Walmart said that it will soon start deliveries of orders with driverless trucks. According to the retail chain, it will bring in place its own startup called Gatik to make such deliveries a reality. The services will begin […]

The Federal Trade Commission (FTC) and an alliance of 48 attorneys general have filed a pair of stinging antitrust lawsuits in federal court. The lawsuits against Facebook accused it of snapping up its rivals to illegally throttle its competitions. The lawsuits have demanded that the company be broken up. The case filed by the government […]

Uber seems to be on a selling spree as it has now decided to handover its air taxi business to Santa Cruz-based startup Joby Aviation. The deal was announced by both companies in a joint statement. Under the deal, Uber will be investing USD 75 million into the startup to help it build a flying […]

The Department of Justice has accused Facebook of discriminating against American workers in the hiring process. In a lawsuit, the Justice Department alleged that it refused to consider or recruit qualified American workers for the position the company had reserved for temporary visa holders. Around 2,600 high paying jobs were offered to foreigners with special […]

The Advisor of Digital Transformation in Saudi Arabia Dr. Ahmed Balkhair has said that digital growth has become important for the health system all over the world. He has said that a global alliance to enhance digital maturity in the Middle East is quite crucial. Since the COVID19 has hit the world, digital maturity has […]

A new study has revealed that having alcohol in moderation might lower the risk of dementia among many people. Experts have found that people who drink two or less drinks in a day might be at a reduced risk of Alzheimer’s disease as compared to those who do not drink at all. Cross-sectional research has […]

Harley-Davidson has decided to foray into new territory. The company announces that move months after CEO Matthew Levatich had to resign because of a decline in sales of iconic motorcycles. The American bike manufacture has now decided to shift focus on the electric or e-bicycle market. Named Serial 1 Cycle Company, the company plans to […]

In a big blow to Uber Technologies and Lyft, a California appeals court has asked the companies to treat their drivers in California as employees rather than independent gig workers. This is a significant blow for both the companies which have been involved in a legal battle with the state of California. Both the companies […]

Electric car maker Tesla has changed one of its key policies. The company has canceled offering a seven-day full refund policy to the customers. This means customers cannot claim for a full-refund anymore. Tesla is owned by business magnate Elon Musk. Musk’s company is one of the leading electric car makers in the world. The […]

General Motors’ Cruise is going to remove the human backup from its fully driverless vehicles in San Francisco. The decision will be implemented by the end of this year and holds significance as traffic in San Francisco is not easy to navigate. This is probably why the company is planning to test its autonomous vehicles […]

Have you ever find yourself in a situation where you failed to distinguish between a genuine Instagram post and an advertisement? If this is so, you may soon be able in a better situation to judge it. This is because the photo and video sharing platform has now decided to make changes that will make […]

Microsoft has decided to allow some of its employees to work from home, even when the situation gets normal and it’s safe to come to the office. Most of Microsoft employees are working from during the ongoing coronavirus pandemic. However, the software company has internally unveiled new guidelines for the ‘hybrid workplace’ to allow more […]

Disney has announced that is laying off 28,000 people from its parks and experience division in the United States. The company said that it has taken the decision as the coronavirus pandemic hammers its business and has depressed demand. According to the company, around 67 per cent of the employees being laid off are part […]

The hunt for Covid-19 vaccine is underway on a war footing. But business magnate Elon Musk has a different view. Musk recently said that he will not be inoculated when the vaccine becomes available. According to Musk, he is not at the risk of being exposed to the deadly virus. Musk claimed that his kids […]

Morgan Stanley has announced that it would buy asset management firm Eaton Vance for around USD 7 billion in a cash-and-stock deal. This advances Chief Executive Officer James Gorman’s push to grow the investment management business of the bank. The financier said that the deal will boost its investment management’s assets to about USD 1.2 […]