The shares of EV (electric vehicle) manufacturer – XPeng, which is supported by internet heavyweight - Alibaba Group Holding Ltd (NYSE:BABA), surged by 41% from its debut on NYSE (New York Stock Exchange). It helped the CEO of XPeng, Xiaopeng, aged 42, to become one of the richest men...
In 2019, the U.S Department of Energy selected Intel Corporation (NASDAQ:INTC) to build the $500 million supercomputer. The Department was banking on the chipmaker to produce computer chips in the U.S and counter a technology challenge from China. The machine has been named Aurora and is expected to be installed...
Walmart Inc (NYSE:WMT) has teamed up with Microsoft Corporation (NASDAQ:MSFT) as the race to acquire social media app TikTok gathers storm. Following the partnership's news, Microsoft shares were trading high on Thursday while Walmart shares hit a 52-week high of $139.35. Walmart went up 5%, closing the day at...
Facebook, Inc. (NASDAQ:FB) introduced additional features to its portal to support work from home or remote work options. The company will allow third party video conferencing apps such as Webex, BlueJeans, Zoom Video Communications Inc (NASDAQ:ZM), and GoToMeeting. It is to attract a wider enterprise audience to its portal...
Facebook, Inc. (NASDAQ:FB) has announced that its "classic" experience will be retired in September. The social media giant announced that it will discontinue the old web design making it mandatory for everyone to use the new design. Currently, users can switch between the new and the old interface on...
NVIDIA Corporation (NASDAQ:NVDA) announced that it will hold this year’s GeForce event on September 1. The company is expected to use the event to unveil the Nvidia GeForce RTX 3080, its latest generation of graphics cards. Official details about the event are scarce, although it is known that the company's CEO...
Intel Corporation (NASDAQ:INTC) used this year’s Architecture Day to showcase its upcoming Tiger Lake processors. The company also used the event to give a more detailed preview of its upcoming Xe graphics, which Intel intends to use to build its own GPUs. Both the Tiger Lake processors and Xe...
The viability of a Microsoft takeover of TikTok is a raging debate in the tech and social media industries. Then, Microsoft's idea over the world's most trendy social media company has come under intense scrutiny, with many analysts urging that the two companies are not a fit. TikTok in a...
Epic Games, the company behind Fortnite, a popular online video game, has sued Apple Inc. (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG) for blocking the game on iOS and Google Play app stores, respectively. The game has hundreds of millions of registered players. In response, both Apple and Google have said the...
Adobe Inc (NASDAQ:ADBE) has partnered with Box Inc (NYSE:BOX) to offer a full-featured Acrobat web experience in the Box platform. The integration was first previewed in October last year and is expected to allow users to edit and collaborate on PDF files directly from Box. In addition, the integration will...