Category: News

  • United Airlines announces possible layoffs of more than a third of its staff since October 1
    News

    United Airlines announces possible layoffs of more than a third of its staff since October 1

    One of the largest airlines in the United States and globally, United Airlines Holdings Inc., warned on Wednesday that it could lay off 36,000 employees since October 1. Almost half of these employees are flight attendants. The company employed about 96,000 people as of December. This step of United confirms the deplorable state of the […]

  • Twitter shares up by 7%
    News

    Twitter shares up by 7%

    Twitter shares that have risen by 10.5% since the beginning of the year rose by 7.34% on Wednesday in the announcement of plans to launch the Gryphon subscription platform. Twitter posted an ad for a “senior division engineer” on its website in the vacancies section. Twitter did not comment anything, but investors were happy to […]

  • Following Twitter and Facebook, Google has suspended data requests from the Hong Kong authorities
    News

    Following Twitter and Facebook, Google has suspended data requests from the Hong Kong authorities

    The American corporation Google, following other American companies Twitter and Facebook, suspended data requests from the Hong Kong authorities after the new Chinese law entered into force on this autonomous territory. “Last Wednesday when the law went into effect, we suspended any new data requests from the Hong Kong authorities. We will continue to study […]

  • Alibaba’s Ant plans Hong Kong IPO, targets valuation over $200 billion
    News

    Alibaba’s Ant plans Hong Kong IPO, targets valuation over $200 billion

    Fintech company Ant Group, a division of the Chinese Internet company Alibaba, plans to hold an initial public offering (IPO) on the Hong Kong Stock Exchange this year. This could become one of the largest IPOs in the world in 2020, according to Reuters citing sources aware of the situation. According to one of the […]

  • Berkshire Hathaway buys Dominion Energy assets for $10 billion
    News

    Berkshire Hathaway buys Dominion Energy assets for $10 billion

    On Sunday, Dominion Energy, one of the largest energy companies in the United States, announced a final agreement to sell virtually all of its assets in the gas transportation and storage segment of Berkshire Hathaway Inc. under a deal valued at $9.7 billion, including its current debt of $5.7 billion. The deal with Dominion will […]

  • Tesla shares soared 8% on delivery news in the second quarter
    News

    Tesla shares soared 8% on delivery news in the second quarter

    Tesla shares reached their new peak on Thursday jumping 7.95% to a price of $1208.66. The manufacturer of electric cars Tesla was rated as the world most expensive automaker (in terms of market capitalization), overtaking the world leader Toyota Motor. Since the beginning of the year, Tesla shares have risen by 189% having climbed 166% […]

  • Shell will write down $22 billion of assets
    News

    Shell will write down $22 billion of assets

    In the second quarter of 2020, the Anglo-Dutch oil and gas corporation Royal Dutch Shell will write down assets worth up to $22 billion on new oil and gas price forecasts. This was reported in the press release of the company. Shell revised its medium- and long-term price forecasts, reflecting the expected effects of the […]

  • Elon Musk decided to sell four houses
    News

    Elon Musk decided to sell four houses

    According to Business Insider, SpaceX founder and Tesla CEO Elon Musk is selling four homes in Los Angeles for $62.5 million. It is already known that these houses will be sold to the LLC developer owned by businessman Ardi Tavangarian. “Arya Chalon LLC will combine the real estate portfolio into a new single project to […]

  • Facebook is shutting down Lasso, its TikTok clone
    News

    Facebook is shutting down Lasso, its TikTok clone

    Facebook announced that it is shutting down two of its little-known apps shortly after they launched them. According to CNBC, Lasso, TikTok’s competitor, and Hobby, the competitor of Pinterest, will be shut down on July 10. Facebook released Lasso for iOS and Android in 2018. It was created to share 15-second videos with effects. The […]

  • Gaming giant Zynga bought rival game developer Peak Games for $1.85 billion
    News

    Gaming giant Zynga bought rival game developer Peak Games for $1.85 billion

    American company Zynga Inc. that creates popular social network games has closed a deal to buy everyone in circulation in the shares of the Turkish Peak Games. It is reported that the payment was almost equal to the funds and ordinary shares of the company. As part of the operation, Zynga received two franchises from […]

WP2Social Auto Publish Powered By : XYZScripts.com