Federal Judge Strikes Qualcomm in Antitrust Case

Federal Judge Strikes Qualcomm in Antitrust Case

A federal court judge has twitched Qualcomm straight back into an ocean of insecurity. On Tuesday, Lucy Koh, U.S. District Court Judge, said the chip maker illicitly hurt rivals in the wireless chip market. As per the judgement, Qualcomm used its market power to push unessential licensing fees on phone makers like Apple. Besides, the […]

Continue Reading
McDonald’s Workers Sues the Food-Giant with Dozens of New Sexual Harassment Cases

McDonald’s Workers Sues the Food-Giant with Dozens of New Sexual Harassment Cases

McDonald’s Corp. is facing a new tide of complaints regarding how it deals with sexual harassment in its restaurants. Current and former workers shave sued the American fast food company. They claim management overlooked their accusations of sexual misconduct at the workplace. On Tuesday, the American Civil Liberties Union and the TIME’S UP, and the […]

Continue Reading
Ford Will Layoff 10% of its Workforce By August Globally

Ford Will Layoff 10% of its Workforce By August Globally

On Monday Ford Motor Company notified its workforce that it would fire about 7,000 salaried workers. The figure represents around 10% of its employees across the world. Officials said the company could finish the elimination process by the end of October. The historical move to layoff workers could save Ford about $600 millions per year. […]

Continue Reading
Amazon Invests $575 Million in Food Delivery Service Deliveroo

Amazon Invests $575 Million in Food Delivery Service Deliveroo

Amazon Inc. is in the discussions to invest in billion-dollars in a UK-based food delivery app. It is a big investment in Deliveroo, food courier. As per the BBC, Amazon is the most significant stakeholder in Deliveroo’s latest round of fundraisers. Sky News reported about the fundraising on Thursday. Reportedly, Deliveroo is probably launching the […]

Continue Reading
Elon Musk Reveals SpaceX’s First-Ever Internet Satellites Set to Takeoff

Elon Musk Reveals SpaceX’s First-Ever Internet Satellites Set to Takeoff

On Saturday, Elon Musk, SpaceX CEO launched a set of new satellites the company ready for launch. He published an image, of 60 satellites loaded into the front tip of SpaceX’s Falcon rocket, on Twitter. With a perspective to offer global internet coverage from space, the company intends to deliver the first batch of thousands […]

Continue Reading
Report Reveals Managers at Walmart Earn $175,000 Per Year On Average

Report Reveals Managers at Walmart Earn $175,000 Per Year On Average

How could it be to work at Walmart?  The United States’ largest private employer wants the world to know one can make a pretty cool living working in its stores. The retail giant has faced criticism for underpaying employees. Now it seems like the company is eager to throw out that label. The world’s largest […]

Continue Reading
Qualcomm Could Receive Minimum $4.5 Billion Under the Royalty Settlement with Apple

Qualcomm Could Receive Minimum $4.5 Billion Under the Royalty Settlement with Apple

On Wednesday, Qualcomm said it could get $4.5-$4.7 billion from its elite settlement with Apple. The chipmaker revealed the amount in its Q2 earnings. Thus costs of Apple’s compromise with Qualcomm are much cleaner now. Last month, Apple and Qualcomm ended years-long global court battle. Long-running patent and the antitrust case started after Apple filed […]

Continue Reading
Spotify Gains 100 Million Paid Subscribers, But Still Lags Behind in Profits

Spotify Gains 100 Million Paid Subscribers, But Still Lags Behind in Profits

Spotify, a Swedish audio streaming platform has announced it gained more than 100 million paid users across the world. The music streaming company achieved a significant milestone by raising premium users by 32% over the last year. Spotify said the achievement boosted using partnerships with Hulu, Samsung, and Google. Now the streaming service has 217 […]

Continue Reading
Tesla CEO Show-Offs New Custom Chip for Self-Driving Cars During an Event

Tesla CEO Show-Offs New Custom Chip for Self-Driving Cars During an Event

Elon Musk, the Tesla CEO continues to surprise the world with his bold announcements. The latest one has excited many investors despite missing time frames. At the end of 2017, Tesla announced it was trying to develop the first ever computer chip for driver-less vehicles. Now the CEO correctly estimates when a product will arrive. […]

Continue Reading
Nissan Filed a Criminal Lawsuit Against Detained Ex-Chairman Carlos Ghosn

Nissan Filed a Criminal Lawsuit Against Detained Ex-Chairman Carlos Ghosn

On Monday, Nissan Motor Inc. declared it had filed a criminal suit against ex-chairman Carlos Ghosn. The complaint refers to an aggravated breach of trust under Japan’s Companies act. It is the latest chapter of the matter, which launches a fourth charge against Mr Carlos. As per the company, the former chairman used the company’s […]

Continue Reading