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Air India Is On The Verge Of Placing A Historic Order For Up To 500 Jets

According to industry sources, Air India is close to placing landmark orders for up to 500 jetliners worth tens of billions of dollars from both Airbus and Boeing as it carves out an ambitious renaissance under the Tata Group conglomerate.   The orders include up to 400 narrow-body planes...

Microsoft Purchases A Nearly 4% Stake In The London Stock Exchange As Part Of A 10-Year Cloud Agreement

Microsoft announced a 10-year partnership with the London Stock Exchange Group on Monday, taking a nearly 4% stake in the bourse operator.   According to the LSEG, the partnership includes next-generation data and analytics, as well as cloud computing products. It includes a new data...

TSMC Outperforms The Chip Industry Slump With A 50% Revenue Increase, Aided By Apple Iphone Orders

The largest contract chipmaker of the world, Taiwan based TSMC, reported a revenue increase in November, thanks in part to orders for high-end smartphones such as Apple's iPhone.   The Taiwanese company, which manufactures chips for other companies, reported November revenue of 222.71...

Founder Of iPhone Contract Maker Foxconn Convinced Chinese Authorities To Soften Covid Restrictions: Reports

According to The Wall Street Journal, the owner of China-based Apple vendor Foxconn succeeded in persuading the country's leaders to ease the Covid constraints that sparked protests in China.   According to the Journal, Foxconn founder Terry Gou stated in a letter to Chinese leaders over a...

Production At Full Capacity At Its COVID-Hit China Factory To Start Late Dec-Early Jan, Anticipates Foxconn

Foxconn , the largest contract iPhone maker for Apple, anticipates that its resumption of full manufacturing at its COVID-affected Zhengzhou factory will be possible at around late December to early January, according to reports quoting a Foxconn source.  Production at...

Chinese EV Firm BYD Will Begin Selling Its Cars In Japan At The Beginning Of Next Year

China’s BYD Co, the largest EV maker of the world, will start selling its first battery electric vehicles (BEVs) in Japan, the firm’s Japanese division announced on Monday. This is a part of the strategy of the company to accelerate selling or making its EVs available in major markets around the...

Financial Times Reports Crypto Exchange Gemini Attempting To Recoup $900 Million From Crypto Lender Genesis

The Financial Times reported on Saturday that crypto broker Genesis and its parent company Digital Currency Group (DCG) owe $900 million to customers of the Winklevoss twins' cryptocurrency exchange Gemini.   According to the newspaper, Gemini is attempting to recover the funds after Genesis...

Elon Musk Tweets About His Meeting With Apple’s Tim Cook, Claims iPhone Maker Did Not Consider Ever To Remove Twitter App

A series of tweets by the new Twitter owner Elon Musk revealed that the billionaire entrepreneur had gone to Apple’s headquarters and held a meeting with Apple CEO Tim Cook on Wednesday.   This meeting assumes importance because of allegations by Musk a earlier in the week of Apple...

Tesla Remains Dominant, But Its Market Share In The US Is Shrinking As Cheaper EVs Enter The Market

According to a report released Tuesday by S&P Global Mobility, Tesla remains the top-selling electric vehicle brand in the United States, but its dominance is eroding as competitors offer a growing number of more affordable models.   According to the data firm, Tesla's market share of...

Apple Restricted A Critical Airdrop Function In China Merely Weeks Prior To Protests

Protests in China have drawn international attention as the most serious challenge to President Xi Jinping's premiership and a significant blow to the Chinese Communist Party's (CCP) long-standing authority.   However, their spread within China was hampered in part by a key change in Apple's...

Elon Musk Alleged Apple Has Threatened To Pull Out The Twitter App Form Its App Store

Elon Musk, the new owner of the social media platform Twitter, has claimed in a series of tweets on Monday that the iPhone maker Apple had threatened to pull out the Twitter app from its App Store because of its process of app review moderation.   ...
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