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WeChat Rebranded By Chinese Owner Tencent Prior To Its Ban In US

Days prior to a ban of WeChat, owned by the Chinese tech giant Tencent, in the United States, the name of the messaging app WeChat Work office collaboration app has been changed to WeCom and it is being presented as a potential alternative to the messaging app WeChat.   According to the...

Virtual Fitness Service Aimed At Work-From-Home Consumers Rolled Out By Apple

In its latest expansion of its services business that has become the backbone of the company’s growth strategy, iPhone maker Apple rolled out its new virtual fitness service along with the a host of all its subscriptions, by the name of Apple One, as the company aims to target a holiday-season...

Amazon UK Unit Pays Just $8 Million In Corporation Tax Despite Sale Of $17.5 Billion

According to reports quoting accounts published on Wednesday, despite the group reporting more than $17.5 billion in sales in United Kingdom, Amazon.com Inc's main UK subsidiary, Amazon UK Services Ltd., paid corporation tax of just 6.3 million pounds or $8 million in 2019.   The underlying...

ByteDance Choose Partnership With Oracle Instead Of Selling Tiktok's US Biz: Reports

While shunning the idea of selling off the short video sharing app TikTok’s United States business, the app’s Chinese owner ByteDance has instead decided to try and create a partnership with Oracle that could potentially help it to avoid a ban in the US of the app as well as be able to meet the new...

No Compensation Likely For Canadian Telecom Providers If A Ban On Huawei Is Imposed: Reuters

If the Canadian federal government bans use of equipment manufactured by China’s Huawei from the country’s 5G networks major telecommunications providers might not be compensated by government agencies, according to a report published by the news agency Reuters. In such a situation the total loss...

Microsoft To Rival Sony With Launch Of Its New Cloud Gaming Service

Microsoft is set to launch a major streaming service aimed a casual gamers with the promise of cutting ties to the living room with the scheduled launch of its Xbox cloud gaming service on Tuesday. It is priced at $1 for new users' first month.   This is also a major push by the company to...

Apple Loses Some Of Its App Store Guidelines And In-App Payment Rules

Following repeated criticisms by app developers and a court case filed against it by the video game developer Epic Games against its app store policies, iPhone maker Apple Inc announced some revision in some of its App Store review guidelines on Friday.   According to the company, it has...

Citi’s Jane Fraser Becomes The First Female CEO Of Big Wall Street Bank

Citigroup’s consumer banking head Jane Fraser will be the first woman to lead a major Wall Street bank as the Wall Street lender named her to be the successor to the current chief executive officer of the bank Michael Corbat next year.   With a long career that covers investment banking,...

Independent Ethics Probe Over Lunar Lander Contract Bid Faced By Boeing: Reuters

As a part of the wider investigations of Boeing’s   behavior in bidding to supply lunar landing vehicles, an independent review of its compliance and ethics practices is being submitted by the United States based aero space company according to an according to an agreement struck with...

AstraZeneca Chief Says Still Possible To Have Oxford Covid-19 Vaccine This Year

The chief executive of AstraZeneca, Pascal Soriot, has raised hopes that the company’s novel coronavirus vaccine could still be available by the end of the year, or early next year, despite the suspension of clinical trials for the vaccine candidate following the falling ill off a volunteer....

Appeal To Court To Stop Apple's 'Retaliation' Against It Made By Fortnite Creator Epic Games

A court in the United States has been requested by Epic Games to prevent what it claims is retaliation against the Fortnite creator by Apple Inc after the iPhone maker had terminated Epic Games' account on its App Store, said the video game maker recently.   An application with the court for...

Competition Between Apple, Google App Stores To Be Probed By Australian Watchdog

A probe into the level of competition that exists between the app stores of Apple Inc and Google is to be initiated by the Australia's competition regulator – the Australian Competition and Consumer Commission (ACCC).   The ACCC said that it will also examine whether there is need for...
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