Business

Elon Musk’s Satellite-Based Internet To Launch In India Soon?

With Elon Musk’s Starlink satellite internet service slated to be made available in India soon, Airtel, Jio, and other networks are likely to face competition. After making his foray into the automobile and space sector, Elon Musk is reportedly gearing up to enter the telecom sector to offer internet services. The Tesla CEO is planning

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Business

Snap CEO Evan Spiegel Contradicts Mark Zuckerberg’s Stance Against Apple’s iPhone Privacy Change

Snap CEO Evan Spiegel supports Apple’s iPhone privacy change, claiming it is good for consumers. In an interview with CNBC, Snap CEO Evan Spiegel admitted that Apple’s impending privacy changes will prove to be disruptive as far as advertising is concerned, however, claimed it will ultimately benefit the consumers. It is a stark contrast to

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Business

Volkswagen CEO Trolls Tesla CEO Elon Musk In Twitter Debut

Volkswagen CEO Herbert Diess’ first tweet after joining Twitter Wednesday was a light trolling of Elon Musk. Hello @Twitter! I’m here to make an impact with @VWGroup, especially on political issues,” Diess tweeted. “And, of course, to get some of your market shares, @elonmusk – after all, our ID.3 and e-Tron have won the first

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Business

Huawei Applies To Trademark Nova Watch For Its New Smartwatch Lineup

Huawei continues to launch a slew of new devices and has a few more planned for the future. The Chinese tech giant is also working on a new smartwatch lineup. If recently surfaced information from MyDrivers.com is anything to go by, Huawei has already applied to trademark “NOVA Watch” last week. This could be the

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Business

US Cancels Licenses Of Intel To Supply Chips To Huawei

Just when things were finally lining up for Huawei, the Chinese multinational tech company has been dealt with another major blow by President Donald Trump’s administration in the United States. The Trump administration has notified Huawei that it is overruling some licenses granted to its suppliers such as Intel, but that’s not all. The outgoing

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Business

Elon Musk Urges Twitter Followers To Use WhatsApp Rival

Elon Musk encouraged his Twitter followers to use WhatsApp rival messaging app, Signal. Elon Musk urged his Twitter followers to use Signal, a messaging app. As a result, the stock price of an unrelated company with a similar name skyrocketed. Signal Advance’s shares surged 91 percent on Friday to $7.19. On Thursday, and the stock

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Business

Tesla’s CEO Elon Musk Could Be World’s First Trillionaire

Tesla’s stock is likely to triple from its current valuation, making the electric car company’s CEO Elon Musk the first trillionaire. American-Canadian venture capitalist Chamath Palihapitiya told CNBC Thursday that Tesla’s stock could be worth three times its current levels. As a result, Tesla’s chief executive Elon Musk could be the world’s first trillionaire. During

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Business

Elon Musk Is Only $11 Billion Behind Jeff Bezos; Bill Gates Loses Another Billion

Elon Musk has gotten richer just five days into 2021. It was previously reported that the 49-year-old billionaire was only $20 billion behind Amazon CEO Jeff Bezos, and the gap is closing in at only $11 billion as of Jan. 5. Bezos is worth $186 billion, according to the Bloomberg Billionaires Index, while Musk is

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Business

Chinese Online Education App Zuoyebang Raises $1.6B From Investors Including Alibaba Group

This year witnessed a cut-throat competition between top Chinese online learning apps due to the coronavirus pandemic. Zuoyebang recently became the latest company to score a notable funding round. On Dec. 28, the company announced that it has raised a $1.6 billion Series E+ from several investors including Alibaba Group. Returning investors such as FountainVest

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Business

Facebook To Add More Security Features Next Year

Facebook will allow users to prepare physical safety keys in a bid to confirm their identity before logging into the social network’s mobile app from 2021. Social media giant Facebook will be allowing its users to use a hardware security key that can be connected to a desktop computer before each log-in. These hardware keys

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