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Marry Barra Of General Motors Company (NYSE:GM) Expects To Run Plants At Full Capacity To Produce Popular Vehicles Soon To Realize Profits In China And Other Nations

CEO of General Motors Company (NYSE:GM) plans to operate all the plants to manufacture EV and derive handsome profits mainly in China because she expects a pickup in demand. She anticipates a recovery in demand for new vehicles despite ongoing coronavirus crisis. Low inventory Several auto plants are closed during coronavirus crisis for two months, […]

Moderna Inc (NASDAQ:MRNA) Triggers Hype In Wall Street After Coronavirus Vaccine Announcement But Critics Cry Faul

Moderna Inc (NASDAQ:MRNA) recently revealed that the preliminary results of its coronavirus vaccine trial have yielded positive results leading to a surge in its stock price, but the announcement also yielded some criticism. The U.S-based biotech revealed that the initial results of its coronavirus vaccine were promising. This was enough to encourage positive sentiments regarding […]

Amazon and Walmart Faces Competition In Indian Grocery Services Market After The Launch Of JioMart

Amazon.com Inc. (NASDAQ:AMZN) and Walmart (NYSE:WMT) Flipkart are facing competition in the online grocery services market in India following the launch of Reliance’s JioMart. JioMart to deliver groceries in 200 towns The online grocery market in Indian is huge, and JioMart is expected to deliver crossers in over 200 towns nationwide. The Indian conglomerate’s grocery […]

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk Reveals Price Increment For Autopilot

Elon Musk, the CEO of Tesla Inc (NASDAQ:TSLA), recently revealed that his company will increase the price of the Autopilot feature on their cars to $8,000, marking an increment of $1,000. The company currently charges $7,000 for the autonomous driving feature, but interestingly, the feature seems to be becoming more expensive. This is no surprise […]

Visa Inc. (NYSE:V) Puts Off US Interchange Fee Changes Until Next Year Because Of COVID-19

Visa Inc. (NYSE:V) has announced that it will delay expected US interchange changes and fees up to April next year. The company has cited disruptions due to the coronavirus pandemic for the postponement of the changes. Similarly, the company has confirmed a six-month delay of the EMV liability shift for gas owners for them to […]

Verizon Communications Inc. (NYSE:VZ) Acquires BlueJeans Network For $400 Million

Verizon Communications Inc. (NYSE:VZ) is acquiring BlueJeans Network, a video conferencing platform, for $400 million. According to a communiqué from Verizon, BlueJeans will provide an enterprise-grade video experience to the customers through its high-performance networks worldwide. Verizon integrates BlueJeans with its 5G product roadmap Following the takeover, Verizon will integrate BlueJeans with its 5G product […]

Target Corporation (NYSE:TGT) and Kroger Co (NYSE:KR) Ramp Up Fight Against COVID-19 in Stores

Retail giants Target Corporation (NYSE:TGT) and  Kroger Co (NYSE:KR) are doing everything in their power to maintain operations, even as the Corona pandemic continues to trigger massive shutdown across the U.S. The two retailers have resorted to ingenious ways to try and curb the spread of the coronavirus within their brick and mortar stores. COVID-19 […]

New Mexico Files A Lawsuit Against Alphabet Inc (NASDAQ:GOOGL)’s Google For Violating Online Privacy Protection Act Of Children And Collecting Data

New Mexico’s Attorney General – Hector Balderas filed a lawsuit against Alphabet Inc (NASDAQ:GOOGL)’s Google on Thursday for collecting school children’s data. According to the lawsuit, Google is collecting details like passwords, videos watched, sites visited by the pupils, and contact lists. Google gathers data from G-Suite and chrome books Google is gathering data from […]

T-Mobile Us Inc. (NASDAQ:TMUS) and Sprint Corp (NYSE:S) Make Final Argument Over Their Proposed Merger

T-Mobile Us Inc. (NASDAQ:TMUS) and Sprint Corp (NYSE:S) are seeking to merge to form the third-largest national wireless carrier almost the size of AT&T Inc. (NYSE:T) and Verizon Communications (NYSE:VZ). However, several state attorneys general s have opposed the merger, stating that this could worsen wireless services and make it expensive for Americans. States label […]

Twitter Inc (NYSE:TWTR) Strikes Grindr Out Of Its Ad Network After Failing To Adhere To Regulations

Twitter Inc (NYSE:TWTR) doesn’t want Grindr on its ad network anymore because it did not conform to set regulations. Reports indicate that this dating app has been sharing the personal data of those using its services to do businesses with advertisers and marketers. Grindr went against guiding principles Grindr believes that it is the leading […]

Intel’s (NASDAQ:INTC) Supply Problems A Blessing For Advanced Micro Devices Inc. (NASDAQ:AMD)

Intel Corp (NASDAQ:INTC) continues to face manufacturing challenges and supply constraints. However, the misfortunes of Intel could be beneficial for rival chipmaker Advanced Micro Devices Inc. (NASDAQ:AMD). Intel’s supply issues could play to Q4 In a letter, Michelle Johnston, the executive VP of sales and marketing, apologized for the company’s shipment delays and the impact […]

Major Payment Processors – MasterCard, Visa, Stripe, And eBay Quits Libra Project, A Setback For Facebook, Inc. (NASDAQ:FB)

A week after Paypal Holdings Inc (NASDAQ:PYPL) quits the Libra Project of Facebook, Inc. (NASDAQ:FB), MasterCard, Visa, Stripe, and eBay followed suit. It is a setback for the ambitions of Facebook to introduce a private global currency to facilitate cross border payments. A 28-member organization crumbles The decision of the major payment processors to withdraw […]

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