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Merck & Co’s (NYSE:MRK) Lung Cancer Treatment Dominance With Keytruda Challenged By The Likes Of Regeneron

Over the years, Merck & Co’s (NYSE:MRK) blockbuster cancer treatment, Keytruda, has been the standard first-line treatment alternative for most burdensome lung cancers, but this dominance is about to change. Recently at a cancer research conference, several companies challenged the treatment with their won cancer drugs. Merck’s blockbuster cancer treatment could face competition from new […]

eSports Stocks Ready to Heat Up? (GMBL, HUYA, BTHR, ATVI)

One space that has actually benefitted from the pandemic is eSports. The revolution that it represents has only further solidified itself in the niche of competitive activities during recent months because events can be managed without live crowds if need be. That has likely only stoked the fire burning under would-be fans and competitors. In […]

AT&T Inc. (NYSE:T) To Improve Balance Sheet Position Through Debt Repayment

AT&T Inc. (NYSE:T) is seeking to ease its debt burden by repaying its upcoming debt maturities. The company recently issued notices to redeem three series of bonds, amounting to $1.2 billion to improve its liquidity position. AT&T wants to improve its capital structures as it navigates the global recession caused by the COVID-19 pandemic. As […]

After TikTok, Alibaba Group Holding Ltd (NYSE:BABA) May Be The Next Target In U.S-China Trade War

Trump’s crackdown on Chinese tech companies does not seem to slow down any time soon after the US president gave the latest indication of extending the crackdown to Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA). In the latest escalation of conflicts between the world’s two superpowers, the US has been aiming at Chinese tech […]

Advanced Micro Devices (NASDAQ:AMD) Continues To Grow Its Market Share As Gaming Industry Thrives

Despite the ravages of the COVID-19 pandemic, the gaming industry has managed to hold on well and for gaming chip makers such as Advanced Micro Devices (NASDAQ:AMD) and Nvidia Corp (NASDAQ:NVDA). AMD and Nvidia benefiting ahead of the launch of new gaming consoles According to BofA Securities analyst Vivek Arya, the chip makers’ stocks have […]

Cisco Systems Inc. (NASDAQ:CSCO) And Telenor (OTCMKTS:TELNY) Enhance Partnership To Provide Infrastructural Support To Telcos

Cisco Systems Inc. (NASDAQ:CSCO) and Telenor (OTCMKTS:TELNY) have announced the signing of their third Joint Venture Agreement iteration. Cisco and Telenor to collaborate on various offerings The restating of the agreement between the companies outlines the areas they will enhance to help telcos achieve various milestones ranging from B2b expansion, 5G, security, Open vRAN, and […]

Zoom Video Communications Inc (NASDAQ:ZM) Bows To Pressure, Plans To Roll Out Encryption To All Users

Zoom Video Communications Inc (NASDAQ:ZM) announced on Wednesday that it will work towards delivering end-to-end encryption for all its users, thus reversing its decision to only provide encryption to paying customers. The recent announcement highlights the company’s U-turn on its previous announcement, in which it stated that end-to-end encryption would only be provided to paying […]

Amazon.Com Inc. (NASDAQ:AMZN) AWS Engineer Resigns Because Of “Chickenshit” Move To Fire Vocal Employees

Amazon.com Inc. (NASDAQ:AMZN) engineer and VP Tim Bray caused a stir following the announcement that he was resigning from the company. Bray announced that his final day with Amazon was on May 1, citing the retail giant’s firing of whistleblowers. Through a blog post, the Amazon Web services engineer indicated that he was leaving the […]

Fiat Chrysler Automobile (NYSE:FCAU) Secures $3.8 Billion Credit Facility To Help It Through The COVID-19 Epidemic

Fiat Chrysler Automobile (NYSE:FCAU) has announced a $3.8 billion credit facility to help it manage through the coronavirus epidemic that has forced it to close most of its operations across the globe. Fiat Chrysler receives short term credit facility On Thursday, the automaker indicated that the amount from the credit facility will be available for […]

Amazon.com, Inc. (NASDAQ:AMZN) Closes Over 3,900 Seller Accounts In The US For Violating Fair Pricing Policies

Amazon.com, Inc. (NASDAQ:AMZN) has closed over 3,900 seller accounts in the US for violating its fair pricing policies. According to a blog post, the e-commerce giant said it has removed over a million items from the store because some sellers resorted to price gouging. Stringent action on sellers for price gouging Amazon said it is […]

Twitter Inc (NYSE:TWTR) Speaks Out On Facebook, Inc (NASDAQ:FB) Hacked Accounts

Twitter Inc (NYSE:TWTR) has today given out a detailed statement outlining Facebook, Inc (NASDAQ:FB) account was hacked. The business guru says that asides from the company’s official account its Messenger also fell victim to the hackers. Twitter learns about the hack The one that brought this report to the limelight was the spokesperson of Twitter […]

Uber Technologies (NYSE:UBER) Sells Its Uber Eats Segment In India To Zomato For $172 Million

Uber Technologies (NYSE:UBER) has agreed to sell its food delivery business, Uber Eats, in India to Zomato $172 million deal. This underscores the taxi-hailing company’s determination to cut on loss-making operations that have a struggle against the competition. In recent years Uber has offloaded orations in China, Russia, and South. Uber to receive a 9.9% […]

International Flavors & Fragrances Inc (NYSE:IFF) Combines With DuPont de Nemours Inc (NYSE:DD) To Form A Consumer Giant

International Flavors & Fragrances Inc (NYSE:IFF) announced plans to combine with the nutrition & biosciences unit of DuPont de Nemours Inc (NYSE:DD). The new entity will be valued at over $45 billion. As per the terms of the deal, the shareholders of DuPont will receive 55.4% of the shares in the new consumer giant. The […]

Microsoft Corp (NASDAQ:MSFT) Receives Approval To Sell Software To Huawei

Microsoft Corp (NASDAQ:MSFT) has received a license from the US Department of Commerce to export “mass market” software to Huawei Technologies Co. A Microsoft spokesman said that the Department of Commerce gave the company approval on November 20 to export mass-market software to the Chinese giant. The spokesperson said they were grateful for the government’s […]

Apple Inc (NASDAQ:AAPL) Plans to Ease the California Housing Problem with $2.5 Billion

On Monday, Apple Inc (NASDAQ:AAPL) announced its plan to spend $2.5 billion in providing affordable housing in California. Apple will become the latest big tech company to engage in solving such a major issue. However, economists and lawmakers believe that the problem of housing is significantly influenced and caused by the company. In this plan, […]

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