Business

Former Amazon ‘S-team’ executive Charlie Bell is joining Microsoft. Bell has decided to leave Amazon after almost 23 years. Out of these, he led the general management of Amazon Web Services for around 15 years. He was even considered to be the front runner to head AWS after Andy Jassy was promoted as the chief […]

McDonald’s continue to face some difficulties in the year 2021. The fast-food giant has to pull milkshakes and bottled drinks off of its menu in the United Kingdom. Almost all 1,300 restaurants have stopped serving milkshakes because of supply chain issues. Also, Brexit-related staff shortages continue to slam companies. “Just like most of the other […]

T-Mobile has some exciting offers for its customers. The network operator is offering one year of Apple TV Plus subscriptions to almost all users. The subscription would be free of cost and is being offered as an additional perk to both existing as well as new subscribers. According to the company, all customers having Magenta […]

Walmart has announced the launch of a delivery service for other companies. The delivery network is called GoLocal and will carry goods from other local and national retailers to consumers. The company said that the services will offer ‘competitive pricing’ to everyone in the United States. The world’s largest big-box store chain said that it […]

Competition and Markets Authority (CMA) of the United Kingdom has raised some serious antitrust concerns about Nvidia Corp.’s proposed takeover of chipmaker ARM Ltd. The deal to takeover ARM is expected to be worth USD 40 billion. British regulators are in the favour of a longer probe to ascertain how much harm the deal can […]

Tobacco group Philip Morris International has bought a 22.61 percent stake in British asthma inhaler firm Vectura. This is part of the deal to acquire the U.K.-based respiratory drug developer for USD 1.51 billion or 1.1 billion pounds. The purchase comes days after the tobacco group got unanimous backing from the asthma inhaler firm’s board […]

15 years after purchasing Reebok, Adidas has now decided to sell the footwear and clothing company. Adidas said that it has struck a deal for USD 2.5 billion or 2.1 billion euros. The deal to sell the struggling sportswear brand has been finalized with US-based celebrity and clothing licensing group Authentic Brands. The German sportswear […]

The heat and humidity make the outdoors almost unbearable in the month of August. Not only this, but it can also make the insides of our homes sticky and uncomfortable. This is when dehumidifiers come in handy. They can help control the indoor climate and can provide you much-needed relief. So buying a dehumidifier is […]

The affordable electric vehicle market is getting more crowded and competitive. The competition is set to rise as Nissan has unveiled its all-electric 2022 Leaf with more standard features. On top of that, the company has slashed its price across the board – making it the most affordable electric vehicle in America. The Japanese automaker […]

Walmart has invested a huge amount of money in software and technologies that helped the company transform its business. The world’s largest retailer is now planning to make available some of these technologies to small medium-sized retailers. This is for the first time when Walmart has decided to share technologies that powered its business with […]

Over a year after its official launch, Clubhouse has ditched the invite-only feature. There was a time when people eagerly wanted an invite to join the audio-only app. The app was all the rage in the early months of the coronavirus pandemic. People wanted to listen to musings of some of the popular names from […]

Days after his space trip, billionaire Jeff Bezos has put a USD 2 billion offer to get a contract of NASA’s Human Landing System program. Bezos said that his company Blue Origin will not charge anything for up to USD 2 billion from the US space agency in the current and next two government fiscal […]

Chip shortage seems to be far from over as General Motors has announced that it will have to suspend the production of some pickup trucks this month in North America. Production of most of the full-size pickup trucks will most likely be suspended from Monday. The company said that the suspension will continue for at […]

Instacart has named Facebook executive Fidji Simo as its new Chief Executive Officer. The development comes just seven months after Simo joined the grocery delivery giant as the board of directors. Simo will replace former CEO and co-founder Apoorva Mehta. According to a statement issued by the company, Mehta will transition to executive chairman of […]

Stellantis has plans to invest around USD 35.5 billion in electrification by 2025. The company made the announcement during an electrification strategy event. With this, the company has joined the likes of General Motors and Volkswagen. These companies are aggressively working on electrification. Most carmakers are shifting towards electric vehicles amid a call for green […]

Ford has decided to join hands with autonomous vehicle technology startup Agro AI to launch a fleet of self-driving vehicles. According to the company, it will launch up to 1,000 autonomous vehicles on the ride-hailing network of Lyft. These self-driving vehicles will be available in selected cities by the end of this year. This will […]

Zoom Video Communications Inc has announced that is buying cloud-based call center operator Five9 Inc. This will be the largest ever acquisition for the company the video teleconferencing software. As part of the deal, Zoom will buy the company in an all-stock transaction that will put the value of the company at around USD 14.7 […]

Intel is working on its biggest deal ever as the company is reportedly in talks to acquire chip production company GlobalFoundries. People who are aware of the development said that if finalized, the deal would be worth around USD 20 billion. The deal is being worked upon under the leadership of Intel’s new chief executive […]

28 individuals lost their lives on Tuesday, the 6th of July, 2021, when a Soviet-era Antonov An-26 twin-engine turboprop passenger aircraft (tail number RA- 26085), crashed into the mountainous peninsula of Kamchatka, Russia. Officials stated that the aircraft appears to have lost radio contact with air traffic control, a mere 10 minutes, or 5.5 miles […]