While shunning the idea of selling off the short video sharing app TikTok’s United States business, the app’s Chinese owner ByteDance has instead decided to try and create a partnership with Oracle that could potentially help it to avoid a ban in the US of the app as well as be able to meet the new...

If the Canadian federal government bans use of equipment manufactured by China’s Huawei from the country’s 5G networks major telecommunications providers might not be compensated by government agencies, according to a report published by the news agency Reuters. In such a situation the total loss...

Microsoft is set to launch a major streaming service aimed a casual gamers with the promise of cutting ties to the living room with the scheduled launch of its Xbox cloud gaming service on Tuesday. It is priced at $1 for new users' first month.   This is also a major push by the company to...

Following repeated criticisms by app developers and a court case filed against it by the video game developer Epic Games against its app store policies, iPhone maker Apple Inc announced some revision in some of its App Store review guidelines on Friday.   According to the company, it has...

Citigroup’s consumer banking head Jane Fraser will be the first woman to lead a major Wall Street bank as the Wall Street lender named her to be the successor to the current chief executive officer of the bank Michael Corbat next year.   With a long career that covers investment banking,...

As a part of the wider investigations of Boeing’s   behavior in bidding to supply lunar landing vehicles, an independent review of its compliance and ethics practices is being submitted by the United States based aero space company according to an according to an agreement struck with...

The chief executive of AstraZeneca, Pascal Soriot, has raised hopes that the company’s novel coronavirus vaccine could still be available by the end of the year, or early next year, despite the suspension of clinical trials for the vaccine candidate following the falling ill off a volunteer....

A court in the United States has been requested by Epic Games to prevent what it claims is retaliation against the Fortnite creator by Apple Inc after the iPhone maker had terminated Epic Games' account on its App Store, said the video game maker recently.   An application with the court for...

A probe into the level of competition that exists between the app stores of Apple Inc and Google is to be initiated by the Australia's competition regulator – the Australian Competition and Consumer Commission (ACCC).   The ACCC said that it will also examine whether there is need for...

South Korea’s Samsung Electronics has reportedly beat Finnish telecom firm Nokia to bag a part of the contract to supply new 5G equipment to Verizon in the United States, and this is being seen as a major blow to the Finnish company, claimed reports quoting information from various sources with...

Share prices of SMIC, the largest chip maker of China, dropped by as much as 20 per cent on Monday after publication of news that the company would be hit sanctions from the United States. The rout at the stock market resulted in the company losing out $28 billion off its market value while...