Category: Technology News

sensetime
Technology News

SenseTime Withdraws $767M Hong Kong IPO after US Ban

On Monday, SenseTime announced that it would halt its $767.00 million Hong Kong initial public offering after its placement on a US investment ban. The Chinese artificial intelligence startup said to release additional prospectus with

facebook
Technology News

Facebook Opens its Virtual World App in the US and Canada

On late Thursday, Facebook, recently named Meta, announced that it would open Horizon Worlds, its virtual reality platform, in the United States and Canada. Correspondingly, owners of Meta Quest 2 headsets who are 18 years

Roku
Technology News

Roku Inc. Strikes a Multi-Year Agreement with Google

Roku Inc. announced on Wednesday that it signed a multi-year deal with Google to retain YouTube and Youtube TV on its streaming platform. Correspondingly, the deal will allow the 56.40 million active Roku accounts to

visa
Technology News

Visa Inc. Launches Crypto Advisory Services

On Wednesday, Visa Inc. announced that it would offer new advisory services to assist its customers in navigating the cryptocurrency market. Accordingly, the financial services company formed its global crypto advisory team that will work

amazon
Technology News

Amazon Charters Cargo Vessels to Beat Supply Chain Chaos

Amazon, troubled by many logistical challenges, quietly started to charter cargo ships, produce its own containers, and lease planes.  Accordingly, the initiative is to beat bottlenecks in delivery networks as the global markets grapple with

tesla
Technology News

Tesla Seeks Tariff Exemption for Graphite from China

On Wednesday, Tesla filed three public comments to the US Trade Representative (USTR) requesting waivers for tariffs on graphite from China. Accordingly, the electric vehicle maker explained that these are essential to make the anode

Apple
Technology News

Apple Loses Top Auto Engineer to Electric Aviation Startup

Apple Inc. lost Michael Schwekutsch, a senior member of its autonomous electric car team, to electric air taxi startup Archer. Accordingly, Schwekutsch joined the aviation firm as the senior VP of engineering. On Wednesday, he