IKEA Foundation backs emerging market EV push with $100 million grant
A global initiative to accelerate electric vehicle uptake has received a $100 million funding boost from the IKEA Foundation to…
Reddit Insiders Selling Days After IPO
Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after…
Egan-Jones backs activist Peltz for Disney’s board as proxy battle rages
Egan-Jones has become the second proxy advisory firm to back Nelson Peltz’s push for board seats at Walt Disney, the…
Toyota’s global sales slide 7% in February, led by slumps in China and Japan
Toyota Motor’s global sales dropped 7% in February from a year earlier, hurt by a heavy decline in China due…
Apple will prevail: US faces uphill slog in new antitrust battle
Attorney General Merrick Garland made a bold statement last week when he announced a new antitrust lawsuit against Apple (AAPL):…
China scrutinises PwC role in $78 billion Evergrande fraud case
Chinese authorities are examining the role of PricewaterhouseCoopers(PwC) in China Evergrande Group’s accounting practices after the developer was accused of…
Apple Braces for Antitrust Lawsuit From the DOJ
The Department of Justice will be filing a long-anticipated lawsuit against Apple AAPL 1.47% possibly as soon as this month,…
Intel Secures $8.5 Billion CHIPS Act Funding for US Manufacturing
Intel is getting a huge boost from the US government under the CHIPS and Science Act. The company could get…
Mastercard Teams with Alibaba’s Alipay for Cross-Border Payments in China
Mastercard Inc is enhancing its capabilities in cross-border remittances by partnering with Alipay, the mobile payments powerhouse affiliated with Alibaba…
New Mass Gmail Rejections Will Start In 14 Days, Google Says
In the tech industry, creating convincing pranks on April 1 is commonplace. However, this April Fool’s Day, news of mass…