On Monday, Twitter Inc. chief executive officer Jack Dorsey announced that he would step down from his position. Accordingly, India-born Parag Agrawal, the company’s chief technology officer, will take over the company. Jack Dorsey, a co-founder of Twitter in 2006, resigned after the firm acquired the email newsletter service Revue. Subsequently, in his time, the …
Twitter CEO Dorsey Steps Down, CTO Agrawal Takes Over Read More »
On Monday, AMC and Sony announced plans to offer non-fungible tokens to members who will pre-order the December 16 tickets of the latest Spider-Man movie. The companies will give free 86,000 NFTs to advance US ticket buyers from Stubs Premiere, A-List, and Investor Connect members. Subsequently, those customers must have their account number associated with …
AMC, Sony Offers NFTs to Spider-Man Advance Ticket Buyers Read More »
Uber Technologies will halt its leading ride-hailing service in Brussels, Belgium starting on Friday in compliance with a court ruling. Last Wednesday, the Brussels Appeal Court ruled out that a 2015 ban on private individuals offering taxi services must include professional drivers. Accordingly, Uber noted that the decision would affect around 2,000 workers, urging the …
Uber Halts Operations in Brussels after Court Ruling Read More »
On Thursday, Chinese regulators suspended the app approvals of Tencent after they found that some of its products infringed users’ rights and interests. In line with this, the gaming company must present any new applications or updates to China’s Ministry of Industry and Information Technology for inspection. In this latest order, the firm should wait …
Tencent Faces Suspension on App Approvals in China Read More »
In late Tuesday, Apple filed a lawsuit against Israeli cyber firm NSO group for alleged surveillance of iPhone users with its Pegasus spyware. Accordingly, the tech giant seeks a permanent injunction to ban the group from utilizing any Apple software, services or devices. Correspondingly, it considers this lawsuit as a warning to other spyware vendors. …
Apple Sues NSO Group to Curb State-Sponsored Spyware Read More »
On Tuesday, Netease, Inc launched the Hong Kong initial public offering (IPO) of its music business Cloud Village, equating to around $500.00 million. Accordingly, it plans to offer 16 million shares at a price between $24.38 and $28.23 under the stock code of 9899.HK. In addition, it will list down its shares on the Main …
Netease Unveils $500M Hong Kong IPO for its Music Business Read More »
On Monday, Ericsson entered into a $6.20 billion all-cash agreement to acquire Vonage, a cloud communications firm. Accordingly, this move mirrored the efforts of the telecom gear maker in broadening its 5G portfolio worldwide. In addition, the deal, one of the most significant engagements of Ericsson, came after the $1.10 billion purchase of Cradlepoint last …
Ericsson Acquires Cloud Firm Vonage in a $6.20B Deal Read More »
On Friday, Chinese automaker Xpeng unveiled its new G9 electric sports utility vehicle (SUV) amid the rising competition in the market. In the third quarter of 2022, the company plans to launch the G9 SUV in China. Additionally, it is the first car of Xpeng equipped with Xpilot 4.0, it’s advanced driver-assistance system (ADAS). This …
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