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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 […]

General Motors Company (NYSE:GM) Is Making An Electric Van Giving A Nod To The EV Trend

General Motors Company (NYSE:GM) is reportedly working on an electric van that is targeted towards the business community and will be ideal for delivery services. The announcement about the American automobile manufacturer’s decision to launch an electric van highlights the growing interest in EVs by traditional automobile manufacturers. It also means more competition for Tesla […]

Moderna Inc. (NASDAQ:MRNA) Releases Positive Data For Its Coronavirus Vaccine Candidate In Human Trials

Moderna Inc. (NASDAQ:MRNA) has released positive data from its first human trials for its COVID-19 vaccine candidate, demonstrating that the healthy volunteers who received the vaccine developed antibody responses. Moderna’s vaccine in humans shows positive immunity response The company which had partnered with the National Institute of Health in developing the vaccine indicated that there […]

Abbott Laboratories’ (NYSE:ABT) ID NOW test May Be Giving Inaccurate Test Results Due To “User Error”

The US FDA has warned that Abbott Laboratories’ (NYSE:ABT) rapid COVID-19 test might be having accuracy issues that might be due to user error. The FDA cited various studies that have raised concerns about the test’s accuracy when employed in making a quick diagnosis. Abbott’s rapid test could be giving inaccurate results Alex Azar, the […]

Johnson & Johnson (NYSE:JNJ) Targets at least 1 Billion Vaccines in 2021

Johnson & Johnson (NYSE:JNJ) is working on a vaccine with a goal of 1 billion tests in 2021. According to Dr. Paul Stoffels, the Chief Scientific Officer at J&J, the company “is increasing its manufacturing and preparing for clinical trials in September.” The clinical trials should provide sufficient data to facilitate development of the vaccines […]

Elon Musk’s Tesla Inc (NASDAQ:TSLA) Could Move out of a California County amid Tussle with Health Officials

Tesla Inc (NASDAQ: TSLA) could move out of Alameda County if its CEO, Elon Musk, has his way. In a number of tweets on May 9, 2020, Musk expressed his frustration with the shelter-in-place ordinance of Alameda County. According to Musk, the measures put in place by the Alameda County Public Health Department (ACPHD) are […]

Verizon Communications Inc (NYSE:VZ) and Comcast Corporation (NASDAQ:CMCSA) Speak Out On The No-Disconnect Pledge

The COVID-19 pandemic has brought the world almost to a standstill. The world economy is in jeopardy, and the education sector crippled in a way that has never been witnessed before. However, with time more and more companies continue joining the fight to combat the deadly virus. Verizon Communications Inc (NYSE:VZ) and Comcast Corporation (NASDAQ:CMCSA) […]

Australia Makes It Mandatory For Facebook Inc. (NASDAQ:FB) And Google (NASDAQ:GOOGL) To Share Ad Revenue

Facebook Inc. (NASDAQ:FB) and Google (NASDAQ:GOOGL) will be compelled to compensate Australian media outlets for their news content after the country’s treasurer ordered the creation of a code of conduct. The decision could be timely as media outlets have been hit with declining ad revenues because of coronavirus and have been forced to downsize and […]

American Airlines Group Inc (NASDAQ:AAL) And Southwest Airlines Co (NYSE:LUV) Agree To Receive Stimulus Packages Of $5.8 Billion And $3.2 Billion From The US Treasury

According to a communiqué from US Treasury Department on Tuesday, major Airlines like American Airlines Group Inc (NASDAQ:AAL), Southwest Airlines Co (NYSE:LUV), United Airlines Holdings Inc, and Delta Air Lines, Inc. have agreed to accept billions of dollars of aid. The US government is offering grants and low-interest loans to the major airlines in the […]

Alphabet Inc (NASDAQ:GOOGL)’s Google Partners With The New York State For An Unemployment System Online: Provides Websites For Coronavirus Information

Alphabet Inc (NASDAQ:GOOGL)’s Google has partnered with the state of New York to develop an unemployment system online. It is on the backdrop of the state’s labor department’s unemployment insurance filing system struggles to handle unprecedented volumes because of the outbreak of coronavirus pandemic. Google expects to extend this service to other states as well. […]

Russ Weiner Is Selling Rockstar Energy Drinks To PepsiCo, Inc. (NASDAQ:PEP) For Almost $4 billion

Rockstar Energy Beverages founder Russ Weiner has made $3.85 billion following a deal to sell the business to PepsiCo, Inc. (NASDAQ:PEP) even as markets continue to struggle. Weiner sells Rockstar drinks The 49-year-old founder of the energy beverage company almost two decades ago to compete with Red Bull. The company offers a range of energy […]

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