Tech Stocks Market

According to analyst company Canalys, Chinese smartphone gigant Xiaomi was the second-largest smartphone maker in the second quarter of 2021, overtaking Apple. Lei Jun, Xiaomi CEO, posted on Weibo on Thursday, saying that he has incredibly good news to share. He informed his followers that Xiaomi’s phone shipments surpassed Apple and became world’s second-biggest smartphone …

Xiaomi overtakes Apple and becomes No 2 smartphone maker Read More »

As we know, DiDi Global Inc.’s ride-hailing services removal from app stores in China has spooked riders and drivers. Meanwhile, rivals are trying to chip away at the company’s market share as DiDi faces a crackdown from regulators. Remarkably, DiDi Global, a Chinese vehicle for hire firm, is a leader, holding 90% of the market. …

DiDi’s Rivals Try to Chip Away Its Market Share Read More »

According to Bloomberg, the tech giant, Apple, is asking suppliers to ramp up production of its next-generation iPhones by 20%. Apple witnessed a supercycle in 2020, driven by new 5G models that offered consumers access to the improved, faster wireless networks offered by carriers. In the premarket Wednesday, the tech giant’s stocks were up about 2%. Additionally, …

Apple Plans to Increase iPhone Production by As Much as 20% Read More »

According to the AFP news agency, France has fined Alphabet Inc’s Google 500 million euros ($592.75 million). Google was fined for failing to comply with an order to agree with news publishers for a row over copyright. France’s antitrust regulator had given Google two months to develop proposals on how to pay publishers for their …

France Has Fined Google 500 Million Euros Read More »

According to the latest news, Microsoft Corp. has agreed to purchase a security software maker RiskIQ for more than $500 million. The company’s move aims to expand its products and better protect clients amid an increasing tide of global cyberattacks. RiskIQ was founded in 2009 in San Francisco. It offers visibility and intelligence services to …

Microsoft Set to Buy Cybersecurity Firm RiskIQ for $500m Read More »

According to Down Detector, more than 38,000 people reported problems with the world’s largest online retailer on Sunday night and Monday morning. However, Amazon’s website is now operational, though the cause of the outage is unknown. Some customers may have encountered problems while shopping. We’ve fixed the problem, and everything is back to normal, an Amazon spokesperson …

Global Outage: Amazon Unavailable Read More »