
McDonald's may partially sell digital unit for being poor investment
Mar 01, 2021 11:51 am UTC| Business
McDonalds is considering selling part of its digital start-up Dynamic Yield, which it bought for over $300 two years ago to boost drive-through and in-restaurant kiosk orders. According to McDonalds franchise owners,...

GE: FBI indicted Chinese businessman for plans to steal General Electric’s trade secrets
Mar 01, 2021 10:40 am UTC| Business
General Electrics trade secrets were almost stolen when a Chinese businessman devised a plan to take documents out from the company. It was suggested that the scheme was busted after GE cooperated with the FBI to stop the...

Facebook users in Illinois may be paid $345 as Mark Zuckerberg’s company settles privacy lawsuit
Mar 01, 2021 10:11 am UTC| Business
Facebook is paying $650 million to settle a privacy lawsuit concerning its face-tagging feature. The federal judge just approved the settlement this past weekend. Facebook to settle privacy legal battle The lawsuit...

Goldman Sachs’ executives ditch company to build Walmart’s fintech startup
Mar 01, 2021 09:51 am UTC| Business
Goldman Sachs lost two of its executives after Walmart recruited them for its own fintech startup project. Omer Ismail, who was described as the architect of Goldman Sachs foray into consumer investment, is ditching the...

Hyundai inundated with orders for Ioniq 5 in Europe
Mar 01, 2021 09:49 am UTC| Business
Hyundai is off to a good start with its entrance into the EV market through its Ioniq 5 car model. It was revealed that it is not just in South Korea, but there is a tremendous interest in its all-new electric car in...

AstraZeneca sells Moderna stake for over $1 billion
Mar 01, 2021 06:59 am UTC| Business
AstraZeneca Plc got rid of its 7.7% stake in Moderna, and it was sold for more than $1 billion. The sale happened following the surge of the BritishSwedish multinational pharmaceutical and biopharmaceutical companys shares...

Danone is selling its Chinese asset for $1 billion
Mar 01, 2021 05:47 am UTC| Business
Danone, a Paris-based multinational food-products company that was founded in Barcelona, Spain, announced last weekend that it had taken steps towards the selling of its stake in its partner in China. Danones plans for...