Business News

Business is the activity of making one's living or making money by producing or buying and selling product (such as good and services). Simply put, it is "any activity or enterprise entered into for profit.

tesla bankrupt ex-president

Ex-President Tesla Sold Stocks Worth $129 Million 

Ex-President Tesla Jerome Guillen has sold $274 million worth of shares since June 10, the Securities and Exchange Commission (SEC) reported. The report states that Guillen will sell 215,718 shares for US$ 129 million, namely 145,289 shares valued at US$...

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eBay and Adevinta Finalizes Tie-Up Closure

U.S. e-commerce group eBay and Norway’s Adevinta have secured final regulatory approval for a tie-up of their global classified ads businesses, the Norwegian firm said on Friday. Under a deal struck last year, Adevinta will acquire eBay's Classifieds Group in return...

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Ford Motor Reveals Plan to Acquire Electriphi

On Thursday, Ford Motor Co revealed its plan to acquire Electriphi. Electriphi is a company that provides charging management and fleet monitoring software for electric vehicles. The acquisition of Electriphi will further help Ford achieves its target to electrify 40%...

new products apple crypto, android

Apple Boss: Android Has 50 Times More Malware than iOS

Apple boss Tim Cook compares Android to iOS. He said Android has nearly 50 times more malware than the company's operating system. "Android has 47 times more malware than iOS," Tim Cook said at Europe's largest startup and technology event,...

Tamagotchi

Tamagotchi is Back, Now in The Form of A Smartwatch

Remember Tamagotchi game? Now Tamagotchi is also present in the form of a smartwatch. Its company, Bandai Namco has just announced the launch of a device called the Tamagotchi Smart. This Tamagotchi has functions like most smartwatches such as a...

JP Morgan Chase to Acquire British Nutmeg

U.S. bank JP Morgan Chase is to acquire British online asset manager Nutmeg. The largest bank in the U.S. hugged a leading company in the U.K., the home of fintech. Analysts say JP Morgan showed signal to expand retail banking...

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Dr. Martens Maintains Sales Despite Pandemic

Dr Martens proves its brand's strength through its annual revenue report. Despite multiple lockdowns around the world, the classic British boot brand delivered commendable growth. According to a report from Reuters, Dr Martens noted a 15%  incline in its annual...

Under Alibaba, 1.1B Users Data Leaked by TaoBao

It was belatedly revealed that more than 1.1 billion cases of user information were leaked from Taobao, China's largest shopping app. Taobao, which operating under Alibaba, has had its users data leaked since 2019. The culprit are as revealed, Lu...

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Krafton Aims $5 Billion in Its IPO

The game company behind "PlayerUnknown's BattleGrounds", also known as PUBG, Krafton Inc, laid out its target upon its IPO in South Korea. On Wednesday, the Tencent-backed company revealed to be expecting on raising 5.6 trillion won ($5 billion) at the...

oil price may hit $100

World’s Top Oil Traders: Oil Price May Hit $100

The world's top raw material trading companies have predicted a return to the $100 oil price era. This is because investment in developing new oil fields slowed before demand peaked. There is a reason why it takes time for eco-friendly...

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