A recent investigation has revealed that the number of injuries to human employees at Amazon’s warehouses has increased since the company has started using robots.   The report is based on internal records for 150 warehouses over four years that had been acquired by it, said the Center for...

The licenses that it would need to sell its memory chips to the Chinese tech giant Huawei are yet to be obtained by Micron Technology even as Huawei has said that it would reduce its sales during the next two quarters, said company executives.   Huawei has been put under sanctions by the...

About 28,000 employees in Disney’s theme parks will be laid off, said Walt Disney Co. Most of the layoffs will happen in the theme parks in the United States where the novel coronavirus pandemic has smashed attendance – particularly in the parks of the company in California where the company has...

Facebook has run into trouble in the Philippines.   The United States based social media company has been accused of censoring all pro-government content by the government which effectively amounted to curtailment of freedom of speech according to the government.   It also called for...

United States based retailing giant Walmart Inc is reportedly currently negotiating for an investment of up to $25 billion that it wants to make in the new "super app" that is owned and operated by the Indian salt-to-software conglomerate Tata Group, claimed reports quoting sources with knowledge...

According to a report published in the news agency Reuters, French retail arm of the lender HSBC has been agreed to be bought by Cerberus and a rival investment firm for a symbolic one euro. However the precondition of the prospective buyers is that the British bank also makes an investment of more...

Over the next five years, a number of new vehicles in the growing Chinese market is being planned to be launched by Japan’s Nissan Motors. The company’s chief executive said that the he planned launch included those for electrical cars that could be crucial for the Japanese automaker to return to...

In the first move by Thailand in taking legal action against major internet firms, the government of the country initiated legal action on Thursday against Facebook and Twitter over charges that the two companies had ignored repeated requests to take down content that the government perceived as...

The Chinese owner of the popular short video sharing app TikTok, ByteDance, has been reported to have applied with the Chinese authorities for a tech export license as is now required under the emended tech export low of the country even as it is trying to seal a deal with two American companies...

While claiming that its supply chain was being targeted and attacked by the United States, the Chinese telecom equipment and smartphone maker Huawei on Wednesday also called on the US president Donald Trump’s administration to reconsider the trade restrictions that it had imposed on the firm which...

United States listed electric car maker Tesla lost $50 billion of its market value on Tuesday with investors losing confidence despite company C EO Elon Musk pledging to radically cut down on costs of electric vehicle making possible a $25,000 car that drives itself but after at least three years....