Stocks
Renault boss wants to drive the Dacia brand forward with a new family car
The French automobile group Renault (PA: RENA) will present a new family car under the lower-cost Dacia brand in September, which will replace three existing models. This is part of the drive by CEO Luca De Meo to reduce the product range and focus on …
McDonalds is considering abolishing indoor dining
Some fast food restaurants in the U.S. are considering closing indoor spaces or restricting hours of operation as the Delta variant of COVID-19 spreads, franchisees report. McDonald's Corp (NYSE: MCD) temporarily closed indoor areas at almost all U.S. …
Electricity for 500 households
Tesla Inc. (NASDAQ: TSLA) recently announced that it will partner with Japanese companies to develop an energy storage center in Hokkaido that will help stabilize power systems as demand for renewable energy continues to grow. The US-based company will work …
Alphabet Inc fined Google again
Alphabet Inc. (NASDAQ :GEL) Google has been fined $ 80,881 by Russia for failing to delete content that the government believes is illegal. This is the second time that the American technology company has been given such a penalty within seven days. In the …
Facebook Inc. takes action against "disinformation dozen"
Facebook Inc. (NASDAQ: FB) announced that it has taken action against the "Disinformation Dozen" a month after the White House identified twelve people allegedly responsible for most of the coronavirus misinformation. Monika Bickert, vice president of content …
Uber's partnership with Gopuff put to the test
According to a new report, the Federal Trade Commission is investigating the recent partnership between grocery delivery company Gopuff and ride sharing giant Uber Technologies Inc. (NYSE: UBER). In May, Gopuff decided to offer its food and spirits products at …
HIVE Blockchain Technologies Ltd Acquires 4,000 Next Generation Miners
HIVE Blockchain Technologies Ltd. (NASDAQ: HVBT) announced in a press release that the company's global operations are producing BTC, which is an equivalent operational hash rate of 1.675 EH / s from its Bitcoin and Ethereum operations. The company announced …
Tyson Foods raises prices in North America
Tyson Foods Inc. cannot hike chicken and ready-made meal prices fast enough to keep pace with rising costs of raw materials like grains, Chief Executive Donnie King said Monday after the company reported an unexpectedly high quarterly profit. The meat company …
China cracks down on online video games
China's bubbly tech sector has been hit by a massive regulatory storm since Alibaba Group Holdings (NYSE: BABA) founder Jack Ma criticized his country's government for what it believed to be excessive regulation last year. Beijing hit back by canceling the …
Xiaomi beats Samsung and Apple in smartphone sales
Xiaomi Corporation sales rose 26%, resulting in 17.1% of the total smartphones sold worldwide in June. Samsung Electronics Co Ltd, along with Apple Inc (NASDAQ: AAPL), sold 15.7%, which is 14.3% of global smartphone sales. Counterpoint Research showed that …