
Best Buy to lay off retail workers
Feb 11, 2021 10:45 am UTC| Business Economy
Best Buy is reducing its workforce, so some employees are going to be laid off. It was said that the number of the affected workers was not revealed, but those who will be cut from the jobs are mostly in-store...

Hyundai introduces innovative robot vehicle called ‘TIGER’
Feb 11, 2021 10:30 am UTC| Business
Hyundai Motor Group proudly presented its TIGER robotic vehicle on Feb. 10. This is the South Korean companys second UMV or Ultimate Mobility Vehicle. This is a unique concept because the robot was designed to do a lot...

Huawei files lawsuit to prove it is not a security threat to the US
Feb 11, 2021 09:42 am UTC| Business Economy
Huawei has been blacklisted in the U.S. after Donald Trumps administration labeled the company as a threat to the countrys security. Now the Chinese company decided to take steps to prove it is not a national...

Apple teams up with Taiwan’s TSMC to produce micro OLED displays
Feb 11, 2021 09:05 am UTC| Business
Apple is reportedly working with Taiwan Semiconductor Manufacturing Co. (TSMC) as it aims to develop micro OLED displays for its new AR devices. The American tech company is coming up with a range of augmented reality...

Heineken: 8,000 workers set to lose jobs after the beer maker announces huge losses
Feb 11, 2021 08:32 am UTC| Business
Heineken is a beer known around the world, but despite being sold globally, its manufacturer, which is a Dutch brewing company, Heineken N.V., was forced to remove 100 jobs in the U.K. This move will result in job loss of...

TikTok: Walmart and Oracle’s acquisition of the Chinese video-sharing company halted by Joe Biden
Feb 11, 2021 07:38 am UTC| Business
TikTok is being sold to American companies Walmart and Oracle, but the deal was put on hold by Joe Bidens administration. It was reported that the POTUS stopped the sale to review security concerns. Acquisition of...

Google to begin paying UK publishers after signing its ‘News Showcase’ licensing deal
Feb 11, 2021 05:49 am UTC| Business
Google announced that it launched its News Showcase licensing program on Feb. 10. This means that the American tech company will now start paying news publishers in the U.K. The new deal with the British...