Even though there is a growing trend among companies – especially among tech companies, to let their employees work from home more and reduce office space, an investment of $7 billion in offices and data centers across 19 states of the United States will be made by Google kin its new efforts to...

The UC Browser from the Chinese tech giant Alibaba Group was removed from their mobile apps by Chinese app stores following the severe criticism of the browser Chinese state television's annual consumer rights show over it allowing displaying of medical ads that were put up by companies unqualified...

The Finish telecom equipment making giant Nokia us planning to implement its previously announced restructuring program with an initial slashing of up to 10,000 jobs of the company all over the world over the next two years. At the same time the company is also preparing to increase its spending on...

A day after it unveiled its ambitious electric mobility expansion, the German auto giant and the second-largest car maker of the world Volkswagen said that it will be able to increase its profit margins second-largest carmaker because of the cost cutting strategies it has put in place.  ...

The California-based search engine giant Google and the Washington-based software firm Microsoft have daggers drawn at each other as the two companies are facing increasing pressure from lawmakers and regulators in relation to the extraordinary power that the two technology firms wield over...

While the company is under pressure from Chinese authorities as a regulatory driven overhaul of the business of the company is underway, the Chief Executive Officer of the Chinese technology giant Ant Group - Simon Hu, tendered his resignation unexpectedly.  This is first high profile exit of...

The United States based iPhone maker Apple Inc has confirmed that it would soon begin manufacturing of 5G-enabled iPhone model – the iPhone 12, in India and the retail packages of the company’s smrtphones would soon have the ‘Made in India’ title on them.   The iPhone 12 was launched by the...

Provided that kits shareholders were supportive of its strategy to ramp up its climate change policies, HSBC will stop financing all coal projects by 2040, the bank has said.   This move was made by the British bank following sustained pressure on it by a coalition of investment firms and...

Despite the collapse in the demand for oil in 2020 because of the Covid-19 pandemic, earnings of almost $4 billion was made by the trading unit of British Petroleum which is almost equal to the record trading profit it had made in 2019m reported news agency Reuters citing information and data from...

The German luxury car maker BMW has managed to stage recover from the shutdowns and a significant hit to its sales last year because of the Covid-19 pandemic during the first half of last year and is now on track to regain profitability for 2021, the car maker said on Thursday.   The company...

The first ever strike by workers of the largest online retailer of the world Amazon.com is being called out by the company’s employees in Italy.     Workers of the United States based online giant in Italy were holding talks with the management of the company over working conditions...