
Apple to build its R&D chip facility in Germany
Mar 11, 2021 06:41 am UTC| Business
Apple just made its decision as to where it should build its chip lab. It was revealed that the American tech giant chose Munich, Germany, for the location. The details of the planned new chip lab As per CNBC, Apple...

Kakao M, Spotify settles dispute, announces license renewal
Mar 11, 2021 05:58 am UTC| Business
Kakao M and Spotify finally settled their dispute over licensing issues this week. The companies agreed to a license renewal that will allow Kpop releases to return to the latters platform. Earlier this month, a number...

Facebook asks US court to junk its antitrust lawsuits
Mar 11, 2021 05:22 am UTC| Business
Facebook calls on the U.S. government to dissolve the antitrust cases that were filed against it. The tech giant appealed and asked a federal court to dismiss the lawsuits as they were not credible. Facebooks reasoning...
Reddit Traders Active on Meme Stocks Again; Moves Less Volatile
Mar 11, 2021 05:04 am UTC| Business
The end of January had meme stocks and the popular Reddit forum r/wallstreetbets in the spotlight, as a large number of retail traders started to aggressively buy heavily shorted stocks, pushing valuations higher and...

S. Korea to invest 200 billion won in auto chip-making technology
Mar 10, 2021 23:26 pm UTC| Business
South Korea plans to invest over 200 billion won in developing automotive chip-making technology by 2022 and cooperate with local automakers to ease a current supply shortage of automotive chips. The country may allow...

Volvo to phase out diesel cars in India, to go fully electric
Mar 10, 2021 23:24 pm UTC| Business
Volvo will phase out diesel cars from India by the end of this year and launch one electric car per year in a gradual shift to exclusively offering electric cars. The Swedish carmaker recently unveiled the XC40 Recharge...

Hyundai, Kia eye 23% gain in China sales this year
Mar 10, 2021 23:17 pm UTC| Business
Hyundai Motor Co. and affiliate Kia Corp. are aiming to sell a combined 817,000 vehicles in China in 2021, from 664,744 units a year earlier, for a 23 percent on-year gain. To help reach the goal, Hyundai introduced the...