Foxconn to Establish Mobile Components Manufacturing Facility in Tamil Nadu
The Taiwanese tech giant Foxconn has decided to set up a mobile phone component manufacturing facility in Tamil Nadu. This...
Tiger Global Offloads Flipkart Stake to Walmart in $1.4 Billion Transaction
According to recent reports in the e-commerce sector, Walmart, the American retailing giant, is increasing its ownership stake in the...
Credit Card Competition Act Sparks Fierce Battle Between Retailers and Payment Giants
In a groundbreaking move to revolutionize the credit card processing landscape, a bipartisan push in Washington is set to clamp...
Tesla Circumvents State Laws: To Open Showrooms on Sovereign Tribal Property
According to the latest news reports, multinational EV manufacturer Tesla Inc is taking steps to establish showrooms on tribal lands,...
Twitter’s Iconic Blue Bird Bows Out as ‘X’ App Takes Over
The identity of the old Twitter is fading away as Elon Musk's owned social networking app completes its transition from...
Biogen Inc. to Acquire Rare Disease Drugmaker Reata Pharmaceuticals in $6.5 Billion Deal
Biogen Inc., a multinational biotechnology company based in Cambridge, has made a strategic decision to acquire Reata Pharmaceuticals, a prominent...
Threads App’s Future Uncertain as Mark Zuckerberg Announces Major User Decline
In a significant development in the social media world, Mark Zuckerberg, the CEO of Meta, disclosed to his staff that...
Samsung Electronics Reports Significant Revenue Decrease in Q2
On Thursday, South Korean tech giant Samsung Electronics announced a significant decrease in revenue during the second quarter. This decline...
BlackRock Partners with Jio Financial Services to setup Jio BlackRock JV, Re-enter Indian market after 5 years
BlackRock, the New York-based investment company, is making its official return to the Indian market. This time, it has partnered...
Myntra to Cut 50 Jobs in Restructuring Move, Impacting Multiple Departments
Bangalore-headquartered fashion e-commerce company, Myntra, has announced its decision to eliminate 50 jobs as part of a restructuring move. The...