Chinese tech giant Huawei Technologies anticipates that its consumer devices business would potentially generate about US$10-billion less in annual revenues because of the United States  export restrictions as the company has been banned from purchasing components like semiconductors and...

The largest e-commerce company in the world Amazon has been pulled up by environmental groups and customers in the United Kingdom after the company introduced a number of plastic packaging which is not possible to be recycle din the country.,   According to reports, the online retailer...

Apple shares were downgraded from neutral to sell by Rosenblatt in July and the broker is still holding on to its that position for the stock. A 28 per cent drop from the stock’s Tuesday’s close of about $210 per share was represented by the long-term price target of $150.   “We continue to...

The growing political unrest in Hong Kong is possibly the reason that has driven China’s biggest e-commerce company Alibaba Group Holding Ltd to delay its planned and announced listing in the city’s stock exchange for a value of up to $15 billion, claimed a report published by the news agency...

Latest news reports in the United States have claim4ed based on documentary evidence that to banks – the US based Citigroup and French bank BNP Paribas, have got themselves embroiled in the criminal case filed by the US against the chief financial officer of China’s tech giant Huawei Technologies....

Even while the administration of the United States President Donald Trump is contemplating about whether to extend the a grace period for the Chinese tech company Huawei, the president has said that he does not want that any business be conducted between the Chinese firm and the US.   "At...

Those video game enthusiasts of Microsoft’s Minecraft video game would now be able to enjoy greater graphics in the game on their personal computers because the United States based global software company will now use chipmaker Nvidia Corp’s real-time ray tracing technology in that game.  ...

Netflix has managed to rope in “Game of Thrones” show runners David Benioff and D.B. Weiss from HBO for a deal worth $200 million.   This is one of the many deals that Netflix has made in the last year to bring into its fold top talent for making exclusive TV shows and films for its...

The Mexican used car platform Kavak and financial technology firm Konfio are the two latest startups that Japan's SoftBank Group Corp is interested in investing and negotiations to that end is ongoing currently, according to reports.   Analysts said that the move highlights the growing...

According to a news report published by Reuters news agency, a decision to cut thousands of jobs in China and shut down two of four shared assembly plants has been taken by Peugeot maker PSA Group and partner Dongfeng Group. The report was based on documents of the companies and added that the aim...

Japanese casual clothing chain Uniqlo's sale in South Korea has suffered significantly because of the boycott of the South Korean consumers of goods. This was announced by the company on Friday. This highlighted the growing rift between the two countries in the economic context. A trade spat is...