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Tesla Inc (NASDAQ:TSLA) Enters Deal With Nickel Mine To Secure Nickel For Battery Production

Reports show the electric vehicles on the U.S roads as standing at a figure of below 1%, but that might soon change. U.S president Joe Biden has been quite vocal about accelerating electric vehicle production sales and has gone as far as giving out an executive order in that regard. Environmental preservation seems to be […]

Jury Asks Intel Corporation (NASDAQ:INTC) To Pay $2.18 Billion After Losing Patent Trial

Texas’s federal jury has compelled Intel Corporation (NASDAQ:INTC) to pay $2.18 billion after losing a recent patent-infringement trial linked to chip-making. Intel has, on several occasions, denied having infringed VLSI Technology LLC’s two patents, but the jury sees matters differently. In Waco, the federal jury found Intel guilty of infringement, ordering it to pay off […]

Apple Inc. (NASDAQ:AAPL) Developers Can Now Allow Family Sharing Of In-App Purchases and Subscriptions

Apple Inc. (NASDAQ:AAPL) has announced that users can now share on-time in-app purchases and subscriptions among families. When you purchase a consumable item such as coins in a game, you will are the only one allowed to use them. However, if a user unlocks an ad-free or pro version of a given app, they can […]

Digital Adverting To Grow 20% In 2021 Led By Google (NASDAQ:GOOGL) And Facebook Inc. (NASDAQ:FB)

According to Morgan Stanley analysts, online advertising will grow by 20% in 2021 with Google (NASDAQ:GOOGL), Facebook Inc. (NASDAQ:FB) and Pinterest Inc. (NYSE:PINS) leading the pack. Online ad spending recovery linked to e-commerce growth During the pandemic, online advertising was one of the affected industries, and in 1H 2020, there was a significant drop in […]

Coca-Cola (NYSE:KO) CEO Says They Need To Adapt To Uncertainties Due To The Pandemic

Coca-Cola Co. (NYSE:KO) CEO and Chairman James Quincey indicated that the beverage company should be flexible in the wake of uncertainties due to COVID-19. Quincey said that the company is seeing some great growth opportunities and that almost all Costa stores have reopened. COVID-19 causing uncertainties In an interview with Bloomberg’s Guy Johnson and Alix […]

MasterCard (NYSE:MA) Partners With Idemia and MatchMove On Contactless Biometric Credit Card

MasterCard Inc. (NYSE:MA) has partnered with identity solutions company Idemia and Singapore-based fintech firm MatchMove. The company is collaborating to test a biometric fingerprint car for authorizing in-store payment transactions across Asia. MasterCard launching contactless fingerprint embedded card The companies will offer the card under the name F.CODE Easy and have been embedded with a […]

Johnson & Johnson (NYSE:JNJ) And AstraZeneca (NASDAQ:AZN) To Restart COVID-19 Vaccine Trials

According to Operation Warp Speed head, Johnson & Johnson (NYSE:JNJ) and AstraZeneca (NASDAQ:AZN) could restart their US COVID-19 vaccine trials this week Moncef Slaoui. Halted COVID-19 vaccine trials could restart this week The companies’ COVID-19 vaccine studies were halted due to e-safety concerns after subjects became ill. This slowed the race for a vaccine to […]

Intel Corp (NASDAQ:INTC) To Sell SSD Business and NAND Fab For $9 Billion But Retain Optane Technology

Intel Corp (NASDAQ:INTC) is selling most of its flash memory business except Optane technology. The company sells the SSD business to South Korean memory chip maker SK Hynix for $9 billion. Intel exiting the flash memory and storage business The deal will see Intel part with the NAND SSD unit, the NAND component, and the […]

Merck (NYSE:MERK) Quits RSV Vaccine Development With Moderna (NASDAQ:MRNA), But Will Continue Oncology Collaboration

Merck & Co Inc. (NYSE:MERK) is returning all rights to the respiratory syncytial virus (RSV) vaccine to Moderna Inc. (NASDAQ:MRNA) barely after helping take the vaccine into the clinic. The vaccine dubbed mRNA-1172 used Merck’s lipid nanoparticle delivery. Merck to hand over RSV rights to Moderna The pharmaceutical company is doubling down on its in-house […]

Coca-Cola Co (NYSE:KO) Inks A Pact With Molson Coors Beverage Co (NYSE:TAP) To Introduce Topo Chico Hard Seltzer In Four Flavors In The US

Coca-Cola Co (NYSE:KO) entered a pact with Molson Coors Beverage Co (NYSE:TAP) to unveil Topo Chico Hard Seltzer in four flavors: Strawberry Guava, Exotic Pineapple, Tangy Lemon Lime, and Tropical Mango in the US. Topo Chico joins the hard seltzer portfolio in the US. The demand for hard seltzer and sparkling water is robust, and […]

Apple Inc. (NASDAQ:AAPL)’s iOS 14 Upcoming iOS 14 Could Cut Audience Network Revenue By Half-Warns Facebook, Inc. (NASDAQ:FB)

Facebook, Inc. (NASDAQ:FB) has warned developers that the upcoming iOS 14 privacy update will severely reduce its ability to track users’ activity on the internet and app ecosystem. The social media company says the upgrade will prevent it from showing targeted ads to other apps. Apple’s upcoming iOS 14 update mainly aimed at more privacy […]

FirstEnergy Corp. (NYSE:FE) Posts Flat Earnings Of $309 Million In Q2 2020

FirstEnergy Corp. (NYSE:FE) reported revenues of $309 million on GAAP basis in Q2 2020 compared to $308 million in Q2 2019. It expects to post revenues of $450 million in Q3 2020 and $1.13 billion for the whole year. CEO of First Energy, Charles E. Jones, said the company posted better earnings in Q2 2020 […]

Novan Inc. (NASDAQ:NOVN) Has Around $17 Million To Fund Phase 3 SB206 Trial In Molluscum

Novan Inc. (NASDAQ: NOVN) announced that it expects its current cash to be adequate for funding the additional third phase pivotal SB206 study in treating patients with molluscum or B-SIMPLE4. Novan has almost 17 million for conducting phase 3 SB206 trial Since the beginning of June, Novan has secured around $16.9 million from common shares […]

Ford Motor Co.’s (NYSE:F) YoY Q2 2020 Sales In China Rebound By 3% As COVID-19 Restrictions Ease

Ford Motor Co. (NYSE:F) car sales in China grew 3% in the June quarter compared to the same quarter a year ago due to strong demand following the easing of coronavirus pandemic restriction. Ford reports a 78.7% sequential growth in sales in China For the US automaker, this will be the first time in almost […]

Nokia (NYSE:NOK) And Ericsson (NASDAQ:ERIC) Edge Huawei After Winning Contract To Build Singapore’s 5G Network

Nokia (NYSE:NOK) and Ericsson (NASDAQ:ERIC) have edged Chinese telecom giant Huawei to build Singapore’s 5G networks. Despite losing, the Chinese company may be part of the broader ecosystem build-up but at a limited capacity. Nokia and Ericsson win to build Singapore’s 5G Network Infocomm Media Development Authority gave the final approval to local telcos to […]