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Amid Growing China Risks, Mexico Factories Being Planned By Foxconn And Other Asian Firms: Reuters

Global companies are reviewing their global supply chains following the continuing trade war between the United States and China trade war and coronavirus pandemic in China and according to a report published by the news agency Reuters quoting sources, shifting manufacturing units in Mexico is...

TikTok Confirms It Will File Legal Challenge Against Trump's Executive Order

The Chinese short video sharing app TikTok confirmed its decision to file a lawsuit against the executive order of United States President Donald Trump that bans transactions of American companies with the app as well as its Chinese parent ByteDance.   It is possible that the law suit could...

TikTok Preparing To Challenge Trump’s Ban Order In Court: Reuters

The Chinese owned short video sharing app TikTok is getting redy ot file a legal suit to challenge the executive order prohibiting transactions by United States President Donald Trump against it as well as it Chinese owner ByteDance, claimed a report published by the news agency Reuters. ...

'Fortnite' Maker Epic Games Wanted 'Side Letter' To Create Own Game Store, Says Apple

The maker of the popular video game 'Fortnite' – Epic Games, wanted 'side letter' to create own game store, alleged United States based tech giant Apple, which had removed the game from its app store last week for violating its rules. Epic Games has filed a law suit against Apple over the...

More Than 40% New China Launches In Next 5 Year Will Be EVs: GM

United States based auto manufacturing giant General Motors Co is planning on flooding the Chinese market with a large number of electric cars. The company said that it plans to offer more than 40 per cent of its new launches in the Chinese market to be comprising of electric vehicles (EVs) over...

Majority Stake In Online Pharmacy Netmeds Acquired By Reliance Following Amazon's Venture Into E-Medicine In India

Days after the largest e-commerce company of the world Amazon.com Inc launched an online drug sales service in India, Reliance Industries Ltd has announced that it has acquired a majority stake in the online pharmacy Netmeds in an all cash deal worth $83.08 million.   Through the deal, about...

New Data Centre In Singapore Opened By Zoom

A new data centre in Singapore has been opened by the now popular video conferencing app Zoom Video Communications. This is the first data centre of the company in Southeast Asia. This was announced by the company on Tuesday.   The number of users of the video conferencing services of Zoom...

Nokia-Daimler Patent Fees Fight: Finnish Firm Wins Second Case Against Daimler

The Finnish tech company Nokia won an important verdict against the German car maker Daimler over patent licensing fees as a German court on Tuesday said that the car maker had not made serious efforts to get the issue resolved with Nokia.   This legal battle between the two companies – a...

UK Government And JLR, Tata Steel Negotiations On Bailout Fails

British luxury car company Jaguar Land Rover and Tata Steel, both owned by the Indian conglomerate Tata, have been left to fend for themselves and rely on private financing to recover from the impact of the novel coronavirus pandemic on their businesses, after negotiations of the two companies with...

Apple Bans Fortnite From Its App Store, Maker Epic Games Files Suit Against iPhone Maker

One of the world's most popular games Fortnite has removed by Apple from its App Store which now prevents iPhone users from downloading the game.   This move was taken by Apple following an update by Fortnite for its users in which it allowed users to avail a rebate for players purchasing...

Google Will Not Respond Directly To Data Requests From Hong Kong From Now On

As a response to the imposition of the controversial national security law in Hong Kong in June this year, Alphabet's Google will no longer conceded to requests for data by the Hong Kong authorities and the company has said it will not provide data. This was announced by the United States based...

Walmart's Flipkart Partners With Indian Startup To Foray Into Alcohol Delivery: Reports

Flipkart, Walmart’s e-commerce platform in India will now deliver alcohol to customers. The major rival of Amazon in the Indian market, Flipkart has reportedly already struck a partnership for the deliveries with a startup that has the backing of spirits giant Diageo and deliveries will initially...
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