Uber Technologies Inc. (NYSE:UBER) won a multimillion-dollar lawsuit over mobile ad fraud, and in the process uncovered significant evidence. Uber wins ad fraud case against Phunware In 2017, mobile advertising firm Phunware Inc. had sued the ride-sharing company for $3 million unpaid invoices. However, Uber counterclaimed against the company accusing the company’s co-founder and CEO […]
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Roku Inc. (NASDAQ:ROKU) Reaches 51.2 Million Active Accounts As Americans Cord Cut
Roku Inc. (NASDAQ:ROKU) has announced its interim estimated data for Q4 2020 in which it hit a milestone of 51.2 million active accounts. The increase implies that the company added around 14 million accounts last year. Roku reports 55% YoY increase in streaming hours in Q4 2020 In the fourth quarter, the company reported an […]
Japan Planning for All-Electric CarsToyota Motor Corp (NYSE:TM) Executive Warns It Could Hurt Business
Japan has said that it is planning to stop the sale of new gasoline cars by the mid-2030s, contrary to Toyota Motor Corp (NYSE:TM) President’s criticism that the quick shift to electric cars is likely to cripple the automobile industry. Japan wants only all-electric cars by 2035 On Friday Japan released the plan following in […]
Google (NASDAQ:GOOGL) Warns Researchers To Be Cautious Over “Sensitive Topics”
Google (NASDAQ:GOOGL) is under the spotlight for allegedly pushing out a researcher that had warned of AI bias and now reports indicate the search engine giant is asking other researchers to strike a positive tone on “sensitive topics.” AI researcher leaves Google because of research scrutiny According to a Reuters report, researchers working on such […]
Visa Inc. (NYSE:V) Reinstates Payment Processing for Pornhub Sites Offering Professional Content
Visa Inc. (NYSE:V) has announced that it will process payments made on adult websites owned by MindGeek, Pornhub’s parent company. The company said that the allowed sites are those that host adult studio content produced professionally instead of user-created content which it bans. Visa upholding the ban on payments to Pornhub and other MindGeek sites […]
Pfizer Inc. (NYSE:PFE) and BioNTech (NASDAQ:BNTX) Delivers 10,000 COVID-19 Doses in Chile As Vaccination Commences
Chile has received 10,000 initial doses of the Pfizer Inc. (NYSE:PFE) and BioNTech (NASDAQ:BNTX) COVID-19 vaccine and commenced vaccinations. The county becomes the first in South America to commence vaccinations against the coronavirus that has so far infected over 584,545 Chileans to date. Chileans skeptical about COVID-19 vaccine The first Chilean to receive the vaccine […]
Visa Inc. (NYSE:V) Warming Up to Cryptocurrencies Through Partnerships With Crypto Firms
This year Bitcoin price has surged to over $20,000 and this rise is attributed to increasing institutional investment and public buy-in from Square and PayPal. Also, another company that has warmed up to cryptocurrencies is Visa Inc. (NYSE:V). Visa partnering to issue crypto credit cards The entry of Visa into the crypto space might have […]
PayPal Holdings Inc. (NASDAQ:PYPL) Joins the List of Ecwid Payment Providers Facilitating Ecommerce
The pandemic has continued to boost eCommerce shopping according to Ecwid and as a result, the e-commerce specialist has entered several partnerships with payment providers such as PayPal Holdings Inc. (NASDAQ:PYPL). Ecwid inks partnership deals with more payment providers Ecwid is a software-as-a-service provider that works with businesses offering components parts of eCommerce infrastructure including […]
Johnson & Johnson (NYSE:JNJ) Enrols 45,000 Subjects in the Study of Its Experimental COVID-19 Vaccine Candidate
Johnson & Johnson (NYSE:JNJ) has said that it enrolled around 45,000 participants for its late stage study of its single-dose COVID-19 vaccine candidate and anticipates interim data at the end of January 2021. ENSEMBLE Study enrolls 45,000 participants The pharmaceutical company seems to lag rivals such as Moderna Inc. (NASDAQ:MRNA) and Pfizer Inc. (NYSE:PFE) in […]
Tesla Inc. (NASDAQ:TSLA) Forced to Halt Construction of German Gigafactory After Missing €100 Million Security Deposit
Tesla Inc. (NASDAQ:TSLA) has been forced to halt construction of its Gigafactory in Berlin because the company didn’t provide a security deposit of €100 million over possible demolition of the project. Construction of Berlin Gigafactory halted This will be the second time that construction of the project is being halted over a missed payment. In […]
Novan Inc (NASDAQ:NOVN) Recruits 525 Patients in the Phase 3 Clinical Trial to Treat Molluscum Contagiosum and Expects Topline Results in Q2 2021
Novan Inc (NASDAQ:NOVN) enrolled 525 patients for Simple4 Phase 3 clinical trial. It exceeds 60% enrollment of 825 patients and expects to complete the process in Q1 2021. Treatment for contagious skin infection The main aim of phase 3 clinical trial is to obtain topline efficacy results of the antiviral gel – SB206 to cure […]
The Environment Protection Agency Fines Home Depot Inc. (NYSE:HD) $20.75 Million For Violation Of Lead Paint Rule
Home Depot Inc. (NYSE:HD) has been fined $20.8 million after its contractors failed to allow lead paint rule. The Environmental Protection Agency announced the civil penalty on Thursday which is the largest such fine so far under the Toxic Substance Substances Control Act. Home Depot fined for lead paint rule violation The penalty resolves alleged […]
Advanced Micro Devices (NASDAQ:AMD) Posts Record Q3 Revenue Due To Strong Demand for Gaming Products
Advanced Micro Devices (NASDAQ:AMD) reported strong earnings in Q3, which have paved the way for an enhanced market share in the semiconductor industry. AMD stock to gain 44% in 12 months The company topped analysts’ earnings and revenue estimates when it reported its results on Tuesday. The semiconductor producer has also revised its revenue guidance […]
Intel Corp (NASDAQ:INTC) Could Be Saved From Its Decline By New $25 Billion Subsidy For Chipmakers
Intel Corp (NASDAQ:INTC) is a US giant that is on the decline with the semiconductor giant being overtaken by smaller foreign rivals. Small chipmakers surpass Intel Recently the chip maker announced that the production of its latest 7nm CPUs will be behind schedule spelling the challenges the company has been facing. This comes after the […]
Jim Baumbick Of Ford Motor Company (NYSE:F) Partners With Airon Corp And General Electric Company (NYSE:GE) To Produce Compressed Oxygen Operated Ventilators
Jim Baumbick, Vice President (Enterprise Product Line Management) of Ford Motor Company (NYSE:F) said Airon Corp and General Electric Company (NYSE:GE) to manufacture 50,000 ventilators in their fight against the COVID-19 pandemic. The three companies are the first responders to help the patients at this difficult juncture. New Ventilators in just 100 days Jim while […]
