
Zilliqa announces investment in online academy
Mar 05, 2021 05:20 am UTC| Business
We have been seeing a lot of traction for the blockchain industry in the last couple of years or so, as this technology gains recognition due to the increasing popularity of cryptocurrencies. As more people have tried to...

Ford's Mustang Mach-E eats into Tesla's US market share
Mar 04, 2021 23:29 pm UTC| Business
Teslas share of the US EV market fell to 69 percent in February from 81 percent a year ago as EV sales by traditional automakers more than doubled to 9,527 vehicles with Fords Mustang Mach-E, accounting for 3,739. Adam...

Facebook: New Zealand wants to impose news deals similar to Australia’s Media Bargaining Code
Mar 04, 2021 09:32 am UTC| Business
New Zealand reportedly approached Facebook and Google and expressed its wish for them to make a deal with its local publication firm, Kiwi Media Publishing Limited. Apparently, the country is seeking payments for news just...

Exxon Mobil penalized over the Clean Air Act violation and ordered to pay $14.25M
Mar 04, 2021 09:26 am UTC| Business
The lawsuit against Exxon Mobil over the Clean Air Act has ended, and the federal judge ordered the oil company to pay $14.25 million in penalty. The case has been going on for 11 years now, and the verdict was finally...

Samsung checking out 4 locations for its $17 billion chip factory in the US
Mar 04, 2021 09:17 am UTC| Business
Samsung found four locations that are ideal for its plan to build its semiconductor factory in the U.S. The company is investing $17 billion for this project that is why it is carefully considering each site. The four...

Stellantis to give out $8,010 profit-sharing checks to its UAW workers
Mar 04, 2021 08:49 am UTC| Business
Stellantis reveals its profit-sharing payment for UAW-represented workers. This means that the Netherlands-headquartered automotive manufacturer will be giving payouts to around 43,000 UAW workers. Payments to the...

GM forced to extend production shutdown as global chip shortage subsist
Mar 04, 2021 08:33 am UTC| Business
General Motors announced on Wednesday, March 2, that its three plants in North America would remain close. This means the automaker is extending its production cuts since it was left with no choice due to chip shortage...