
Amorepacific widens net loss by 1.7% in Q4 due to pandemic's impact
Feb 03, 2021 23:51 pm UTC| Business
Top South Korean cosmetics maker Amorepacific Corp. suffered a net loss of 58.9 billion won in the fourth quarter, increasing 1.7 percent from the 57.9 billion won a year ago, mainly due to the pandemics...

Google suffers $1.2 billion Q4 operating loss in cloud business
Feb 03, 2021 17:59 pm UTC| Economy Business
Google Cloud suffered a $1.2 billion operating loss in the final quarter of 2020, four percent worse than a year earlier, to end the year with a $5.6 billion deficit for the full year, an increase of nearly 21...

Uber to acquire Drizly for $1.1 billion to broaden its delivery market
Feb 03, 2021 10:28 am UTC| Business
Uber revealed that it is buying Drizly for $1.1 billion. Once the deal is completed, the American ride-hailing and food delivery service company will combine its newly acquired alcohol delivery service with its own Uber...

Amtrak is paying workers to get COVID-19 vaccine
Feb 03, 2021 09:58 am UTC| Business
Amtrak is the latest company in the U.S. to have been revealed to offer extra payments and benefits to its employees who will avail of the COVID-19 vaccine. It was said that the national passenger railroad company is...

Tesla concedes to NHTSA and will recall over 130,000 cars for touchscreen defects
Feb 03, 2021 09:46 am UTC| Business
Tesla recalls a total of 134,951 cars that were previously ordered by the National Highway Traffic Safety Administration to be called back. The US regulators issued a notice to Elon Musks electric car company after it...

Feb 03, 2021 08:12 am UTC| Business
SpaceX is set to fly four private citizens to space, and it was confirmed that four people will be able to ride the Crew Dragon capsule, and they will be staying at the International Space Station for about a week. This...

Tim Cook: Court denies Apple’s request to excuse the CEO from Epic Games’ deposition
Feb 03, 2021 06:57 am UTC| Business
Tim Cook, Apples CEO, has been requested to sit for a deposition concerning Epic Games case last year. However, he expressed his intention to decline when Apple sent a request to the court so he can be excused from giving...