The public listing of the biggest cryptocurrency exchange of the United States - Coinbase Global Inc, marks an important milestone for transformation of cryptocurrencies from being a niche technology to one that is a part of the mainstream financial system.   This public listing is the...

The controversy of a $20 billion buyout bid placed for Toshiba Corp by the privately owned investment company CVC Capital Partners resulted in the resignation of the CEO of the company Nobuaki Kurumatani.   With emergence of more news that there were more bidders for the conglomerate that...

A study that was published recently and conducted by university researchers claimed that users of Facebook, the largest social media platform of the world, may not be learning about jobs for which they are qualified since the tools used by the company have the ability to disproportionately direct...

In its latest drive to curb the market power of the largest internet conglomerates of the country, antitrust regulators in China slapped Alibaba with a record fine of 18 billion yuan (about $2.75 billion) on charges of violating anti-monopoly rules.   Sweeping antitrust regulations targeted...

In a federal trial scheduled to begin May 3 in relation to a case filed by "Fortnite" maker Epic Games against Apple Inc, the iPhone maker plans to defend itself against the antitrust allegations brought against it by arguing that it abundant competition is faced by it in the market for video game...

The United States based plant based burger maker Impossible Foods Inc has been reported to be getting ready to get itself publicly listed at a potential valuation of about $10 billion or more, claimed reports quoting information from sources with knowledge of the matter.     ...

The United States based electric car maker Tesla is looking out for locations to opening up showrooms in three Indian cities, claimed reports quoting sources. The reports also mentioned about the company hiring an executive to lead its lobbying and business efforts prior to the panned entry of the...

Talks to acquire the buzzy audio-based social network - Clubhouse, were held by Twitter Inc. in recent months, said a report published by Bloomberg quoting sources that were familiar with the matter.   The report also quoted the unnamed sources as saying that the discussions between the two...

A patent fight between Finland’s Nokia and China’s Lenovo Group that has been going on for a couple of years now has been settled between the companies. The settlement essentially also resolves all pending litigation across all jurisdictions that have been going on between the firms, the two...

South Korean electronics giant Samsung Electronics Co Ltd confirmed previous reports and estimates of its first-quarter profit on Wednesday, saying that it expects its profits for the period to rise grow by 44 per cent as analysts attributed the rise to surge in sales of smartphones and TVs even...

The Japanese investment firm SoftBank is set to acquire a 40 per cent stake in the robotics company AutoStore System in a deal that is worth $2.8 billion, the Japanese company said. AutoStore System is engaged in the specialised area of development of robotics for warehouses.   A range of...