Alibaba’s debut in Hong Kong is more political than business
Alibaba, the Chinese conglomerate, has finally made its debut on the Chinese public market through Hong Kong. Although successful at making a brilliant return to…
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Burger King sued for cooking vegan burgers in the same grill as meat
SpaceX expands ‘space internet’ Starlink with recent launch
Facebook new logo is an attempt to fix its dying reputation
Bitcoin trading platform, BitMex, reset all user passwords after data breach
‘Pinyapel’ a water-resistant paper made of scrapped pineapple leaves is the ‘future of packaging’
Chinese economy grows by 6% but slower than expectations
Venmo set to launch credit cards in the second half of 2020
Stolen credit card data seller BriansClub, hacked
The Virgin Galactic spacesuit that comes with the $250K ticket
The spacesuits will be custom-made for each passenger and feature comfort, all the while being practical.
Instacart employees plan to disrupt the system as a form of protest
Instacart employees will go to the lengths of refusing to work as a form or protest.
Nike purchases startup TraceMe to expand digital media influence
TraceMe can help Nike expand into digital media that will allow consumers to dive deeper into the brand’s endorsers.
Google bans lending apps with interest rates higher than 36%
The Google Play Store bans lending apps to campaign against payday lenders with exploitative interest rates. The new financial policy in the Play Store was…
Apple CEO Tim Cook justifies removal of Hong Kong maps app from App Store
Earlier this week, it was reported that Apple decided to remove a Hong Kong police-tracking application from the App Store after receiving criticism from the…
The new Tile Sticker will help you track almost any lost object you attach it to
Tile Sticker is the startup’s smallest and most practical tracking device yet
This space-grown meat could solve the environmental problems of conventional livestock production
Aleph Farms believes that their groundbreaking innovation will help curb the environmental impact of conventional livestock production
Red and processed meat are safe to eat
According to NutriRECS, there is no need to cut back on red and processed meat. This newly formed international group of nutritionists and health researchers…
Restricting investments on China can hurt the United States
According to analysts, the United States could get hit as hard as China if it pushes through with its proposal to restrict investments on Chinese…
Mattel, Hasbro, and MGA in doll war for Christmas holiday
The doll war in the U.S. is brewing once again with the upcoming holiday season. This means that three of the biggest doll makers in…
Space startup successfully tests water plasma propulsion
Earlier this month, space industry-based startup Momentus had just reported the successful testing of its water plasma propulsion technology for its upcoming in-space transportation vehicle….
Forever 21 to close down stores in US, Europe, and Asia
After heavily rumored to be soon filing for bankruptcy, fashion retailer, Forever 21, confirmed that the company has already “voluntarily” filed a Chapter 11 Protection…
Medtech app, Amboss, scores €30M in Series B funding
German medical resource app, Amboss, has scored a massive €30 million in Series B funding. The startup which started as a supplement medical material dedicated…
Nasdaq to go after IPOs of small-scale Chinese companies
Based on regulatory filings, investment bankers, and corporate executives, Nasdaq is going after initial public offerings or IPOs of small Chinese companies through the reinforcement…
Forever 21 files Chapter 11 bankruptcy
The retail giant Forever 21 has filed for Chapter 11 bankruptcy last Sunday. The company said it will be filing a motion to close up…
Hacker accessed data of 4.9M DoorDash customers and partners
Popular food delivery start-up, DoorDash, is once again in hot water after a hacker has gained access to its database and compromised the data of…
Unbabel, a translation platform, raised $60M in new funding to be used for expansion and tech development
Unbabel, a startup company that helps companies with translations through the power of AI, just earned $60 million in new funding. Founded out of Lisbon…
Built Robotics raises $33 million to build smart bulldozers
Built Robotics had just announced its successful round of series B funding this month, raising a total of $33 million. The company will be using…
U.S. pulling investments will result in “‘unmitigated disaster”
The trade talks between the U.S. and China might be running into another roadblock. The White House is said to be restraining U.S. investments in…
Tesla, Elon Musk broke labor laws, judge ruled
A U.S. labor law judge has ruled against Tesla and its Chief Executive Officer, Elon Musk, for violating and interfering in the rights of their…
Logitech buys Streamlabs for $89 million, and more
Logitech announces in its official press release page that it will be acquiring Streamlabs for $89 million. The acquisition is considered as a huge step…
US to install ‘virtual wall’ to stop drug-carrying drones from entering the borders
The U.S. government partnered with Citadel Defense, a counter-drone technology company, to build a “virtual wall” that prevents drones carrying drugs, contrabands, and other illegal…
Adam Neumann steps down as WeWork CEO
The CEO of WeWork, Adam Neumann, has left his position as CEO. Neumann’s departure from the position comes after the company’s plans to go public…
Amazon introduces virtual medical clinic called Amazon Care
Amazon established a virtual health clinic with in-home follow-ups called Amazon Care for employees in Seattle. The information can be found on a website called…
Chinese commodity demands rising in the last four decades
In just four decades, the Chinese has managed to become the largest buyer of numerous commodities in the world. Its appetite for various commodities has…
Uber gets reprieve in London for two months
Uber has failed to secure a maximum five-year operating license in London. The transportation network company was only given two months by regulators. The Silicon…
It’s final: Mac Pro will be manufactured in Texas
After a series of conflicting reports regarding where the new Mac Pro will be manufactured, Apple finally confirmed that they have decided to manufacture the…
Hyundai and Aptiv join forces to develop autonomous cars
Korean automotive giant Hyundai, in cooperation with autonomous driving technology firm Aptiv, plans to develop its own self-driving technologies that will be acceptable for various…
Facebook acquires CTRL Labs, a startup building mind control software
CTRL Labs, the technology start-up that is on its way to building a groundbreaking software that allows people to control a virtual avatar only by…
Thomas Cook collapses; thousands of jobs at risk
The British airline and tour operator, Thomas Cook, has collapsed last Sunday. This has left thousands of passengers stranded around the globe. In a tweet,…
Microsoft renews vow to fight climate crisis, plans to make carbon-neutral Xbox
Following the growing pressure from customers and their employees, Microsoft joins other tech companies like Apple, Amazon, and Google, in renewing its commitment towards fighting…
China to increase government presence in private corporations
China move to increase government presence in the private sector, including huge corporations like Alibaba. Specifically, the government of China’s tech city, Hangzhou, is sending…
Chinese yuan will not back Facebook Libra
San Francisco tech giant, Facebook, revealed that its cryptocurrency called Libra would be backed by a basket of currencies around the world with the U.S….
Nextiva welcomes new CFO and CPO
Nextiva, a leading business communications company based in Scottsdale, Arizona, welcomed two new executives in September, showcasing the fast-growing company’s competitive market position in an…
Indian startup that works via WhatsApp just earned $5M in new funding
Digi-Prex an e-pharmacy startup in India that works using WhatsApp just became $5 million richer in new funding round. Digi-Prex is a young startup that…
Chinese trade negotiators cancel U.S. farm visits
The U.S. farm visits by Chinese trade negotiators have been called off. After wrapping trade talks in Washington this week, Chinese officials, led by Vice…
Amazon CEO Jeff Bezos commits to climate change
The CEO of Amazon, Jeff Bezos, has announced that the company is committed to tackling climate change. In cooperation with Global Optimism, Amazon presented The…
Airbnb to join the stock market in 2020
Airbnb has said that it will be ready to join the stock market as it will be having its initial public offering in 2020. In…
Trump gives China warning to make trade deal before elections
The President of the United States, Donald Trump, has sent a warning to China about making a trade war deal before the elections in 2020….
General Motors strike can cause $100 million loss per day
General Motors (GM) is estimated to lose hundreds of millions of dollars as a result of the ongoing strike by the United Auto Workers (UAW)…
Oil prices increase following Saudi oil field attacks
There has been an oil price hike following the attacks on two of Saudi Arabia’s oil facilities last Saturday. On Monday, oil prices ended up…
Grab set to boost growth and profits with food delivery business
The ride-hailing company, Grab, is capitalizing on its food delivery business, Grab Food, for long-term growth and profitability. Grab started with its food delivery business…
Apple TV+ can compete with rivals
At its annual fall event last September 10 launching the new iPhones, Apple also announced more details about its upcoming Apple TV+ streaming service. According…
Saudi’s Aramco shuts down half of production after attacks
Saudi’s Aramco is reportedly shutting down half of its oil production after drone attacks that targeted the world’s largest oil processing facility in the country….
Gap Inc. has plans of expanding its Athleta and Janie & Jack brands
The clothing and accessories retailer, Gap Inc. has announced its plans to expand its Athela and Janie & Jack brands outside the United States. Gap…
Disney CEO Bob Iger leaves Apple board over conflict on streaming
The CEO of Disney, Bob Iger, has resigned from Apple’s board. This was revealed through Apple’s SEC filing last Friday. Apple is set to launch…
Purdue Pharma reaches proposed settlement to settle opiod cases
The maker of Oxycontin, Purdue Pharma, has reportedly reached a tentative settlement agreement in the United States to resolve some 2,000 lawsuits filed against the…
Lyft sued over sexual assault by drivers
A class-action suit has been filed against the popular ride-hailing platform, Lyft, over its alleged failure to protect women passengers from the predatory behavior of…
What happens to U.S. companies after Trump’s tariffs?
When September started, the first round of President Donald Trump’s tariffs on Chinese-made goods kicked off. China responded by imposing its tariffs on some U.S….
Hong Kong Stock Exchange makes US$36.6 billion for LSE
Hong Kong Exchanges and Clearing Limited (HKEX) has made a surprise $36.6 billion bid to take over the London Stock Exchange Group (LSE). HKEX said…
McDonald’s buys AI tech company Apprente
McDonald’s announced that it has acquired AI tech company, Apprente. This is the third tech-centered deal that the world’s leading global foodservice retailer has closed…
Jack Ma steps down from Alibaba chairmanship
Alibaba’s Jack Ma has officially stepped down as the company’s executive chairman today at the age of 55. His departure will be celebrated at the…
Bankrupt Wow Airlines will be making a comeback
Wow Airlines finds new footing but now faces challenges to keep standing
Drivetime secures $11 million to make voice-based in-car games
Hands-free game developer Drivetime had just raised $11 million to further develop new audio-based titles that players can interact purely by sound. Makers Fund was…
Students engineered plastic-eating bacteria
BioCellection is part of the growing market that addresses plastic pollution.
CocoPallet uses the coconut “Tree of Life” scraps into reusable materials
CocoPallet will be producing pallets, which will be used in Asian countries but this time, it will be produced from the same region of the world.
British Airways cancels flights after pilots go on strike
The pilots of British Airways have started their very first strike since the 1970s last Sunday. This has led to travel disruptions including the cancellation…
Volocopter raises $55m to launch its flying taxi service
Volocopter announces that it had just secured funding for its latest roundup. With a total of $55 million, the company plans to pave the way…
Apple allegedly broke Chinese labor laws
A New York City-based watchdog, China Labor Watch (CLW), published a report last Sunday that alleges that Apple and its manufacturing partner, Foxconn, have violated…
J.P. Morgan is set to win lead role in the biggest IPO in history
J.P. Morgan is expected to win the lead advisory role in what could be the biggest IPO in history. Saudi Aramco, the world’s most profitable…
Tourism in South East Asia slows down as Chinese tourists opt to stay home
In the past couple of years, Chinese tourists have contributed to the tourism boom in Southeast Asia. However, there has been an abrupt decline in…
Slack stocks down by 12% after first earnings report since going public
Shares of the workplace chat app, Slack, fell as much as 16% last Wednesday. After the bell, its share price went down to $26. The…
TSA reverses ban on Star Wars-inspired Coca-Cola bottles
Fans have argued with the TSA saying that the soda bottles were not a replica of a human hand grenade but of fictional thermal detonators
Advocates want PayPal to take down accounts of hate groups linked to Ku Klux Klan
Rights and anti-bigotry groups in social media have been reporting accounts associated with white supremacists and hate groups, saying that these individuals and organizations are…
China slowly implementing new tariffs; lodges case against the U.S. at WTO
China has started imposing retaliatory tariffs on U.S. products. The Chinese government has pushed ahead of its plan to increase the duties on various American…
Electronic companies has lost $10 billion over US-China trade war; expected to worsen by September 1
On September 1, consumers will be greeted with the imposition of the Trump administration’s tariffs on billions of dollars worth of imports from China. Electronic…
Best Buy shares drop after missing Q2 expectations and incoming tariffs
After missing analysts’ expectations of its second-quarter revenue and same-sales growth and the looming tariffs, Best Buy’s shares dropped to 8%, closing at $63.49 last…
Hang Seng Index drops; U.S. and China expects talk to resume in September
Stocks in Asia plummet following the intensifying trade war between the US and China. Just recently, the Hang Seng Index fell 1.7% for the week…
India pursues foreign companies amid the US-China trade war
As the trade war between the United States and China intensify, India is targeting foreign companies in its attempt to encourage them to move their…
TSA puts these Coca-Cola Star Wars-inspired bottles in the no-fly list
Arguably, the Coca-Cola bottles collaboration with Star Wars are replicates of grenades, which allows the TSA to put a ban of them in flights
Satellite plasma thruster startup Orbion raises $9.2 million
Michigan-based space tech company Orbion has just reported that it had secured $9.2 million in a Series A Funding roundup within the week. The funds…
Russian Firm Sues Boeing Over Max Jet Issue
A Russian aircraft leasing company confirmed last Tuesday that it filed a lawsuit against Boeing. Avia Capital Services, a subsidiary of Russian conglomerate, Rostec, highlighted…
Elroy Air successfully demonstrates heavy cargo drone
Earlier this month, Elroy Air successfully flew its autonomous delivery drone. This wasn’t just any drone, as it was several magnitudes more massive than your…
Judge orders Johnson & Johnson to pay the state of Oklahoma $572 Million
A judge in Oklahoma ruled that Johnson & Johnson is liable for intentionally overselling opioid benefits and ordered the company to pay a total of…
Satellite startup Astranis preps for its Falcon 9 launch
Astranis Space Technologies Corp. is now finally making headway preparations for the scheduled launch of its smallsat aboard SpaceX’s Falcon 9 rocket. The launch time…
Nvidia unveils VMware partnership in cloud GPU virtualization
Nvidia revealed in an announcement yesterday that VMware was an official business partner with its new updates to its virtual GPU technology. Namely, a hybrid…
Thailand to Tax eCommerce Businesses
Thailand seeks to introduce value-added-tax to eCommerce businesses by next year, intending to collect ฿3 to ฿4 billion or around $98 to $131 million a…
China’s yuan falls to its lowest in 11 years
On Monday, China’s yuan fell to its lowest since February 2008. The value of the Chinese currency slid to its lowest point in 11 years…
US and France close to a compromise deal over digital tax, Trump said
Amid the escalating tension between the U.S. and France over the latter’s proposal to levy a digital tax that would affect tech companies in the…
Hasbro to buy Entertainment One for $4 billion
US toymaker giant Hasbro will acquire Entertainment One, owner of long-running children’s series Peppa Pig, for $4 billion. According to Hasbro, the arrangement will magnify…
Disney stores are opening inside Target
Target has announced the opening of Disney stores within its stores. Starting this October, shoppers would be able to shop for Disney merchandise inside some…
Hostinger may have exposed data of 14 million users
Popular website hosting platform, Hostinger, has initiated a password reset on all accounts after the company has been notified that there was a third-party intrusion…
FTC, AT&T reached a settlement over internet throttling
The legal battle between the Federal Trade Commission (FTC) and the telecom giant, AT&T, has come to a conclusion after the two parties have reached…
BTC exchange, BitPay, blocks Amazon fire donations
Bitcoin exchange company, BitPay, caught Twitter fire presumably as large as the Amazon rainforest fire after the platform has rejected a $100,000 donation to the…
Huawei’s phone division set to lose $10 billion following US ban
Huawei is set to lose about $10 billion from its phone division. This was revealed during a news conference held at Huawei’s headquarters in Shenzhen, China…
At Google, employees can’t talk about politics anymore
Amid the polarizing, political and social issues surrounding the world these days, California-based tech giant, Google, told their employees that they could no longer engage…
Amazon also says Tesla solar panels caught fire
Technology and manufacturing giant, Tesla, came under fire earlier this week after retail giant Walmart filed a multi-million dollar lawsuit regarding the shoddy installation of…
Cloud app giant VMware acquires Pivotal and Carbon Black for $5 billion
VMware has just revealed via official documentation the finalization of its proceedings to acquire both Pivotal Sofware and Carbon Black, for $2.7 billion and $2.1…
China announces $75 billion tariff on U.S. goods
The trade war between the United States of America and China has further intensified. On Friday, Beijing announced that it would be imposing a new…
Amazon vows to stop using tips to pay drivers minimum wage
While food delivery startup, DoorDash, is trying to rebuild its reputation after the company came under fire earlier this week for not changing its pay…
DoorDash makes new promise to pay tips next month
Following the backlash against DoorDash after reports that the company, who previously did not pay their employees their tips, is still not implementing the reforms…