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Major COVID-19 Vaccine Makers Reject Teva Pharmaceutical's Offer For Jab Manufacture Help: FT
Wednesday, April 28, 2021 - 2:29pm | 336Read More...Teva Pharmaceutical Industries Ltd’s (NYSE: TEVA) CEO said that its offers to help manufacture coronavirus vaccines were turned down by major vaccine makers, despite having production capacity ready to deploy, Kare Schultz, CEO told the Financial Times. Teva has production...
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Semiconductor Chip Crisis Extends To Washing Machine, Toasters: FT
Monday, April 26, 2021 - 3:08pm | 703Read More...The growing semiconductor chip crisis has extended to smartphone, television, and home appliance manufacturers from rising stockpiling, Financial Times reports, based on Asian manufacturers. What Happened: The pandemic-induced demand spike in electronics and production facility outages...
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Facebook Senior Executive Had Expressed Concern Over Exaggeration Of Advertisement Reach: FT
Monday, April 26, 2021 - 1:12pm | 273Read More...Facebook Inc (NASDAQ: FB) senior advertising executive Carolyn Everson had expressed concerns over the claim of overstatement of its advertisement reach against the company triggering a 2018 California lawsuit, the Financial Times reports. A small business owner alleged the Facebook...
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German Group Lodge Antitrust Allegations Over Apple's Privacy Update
Monday, April 26, 2021 - 12:12pm | 626Read More...A group of Germany’s major media, tech, and advertising companies slapped antitrust allegations against Apple Inc’s (NASDAQ: AAPL) iPhone privacy settings changes citing negative ad market repercussions, the Financial Times reports. What Happened: Today, ...
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Uber Eats Marks Germany Foray To Disrupt Just Eat's Monopoly: FT
Wednesday, April 21, 2021 - 8:57am | 751Read More...Uber Technologies Inc (NYSE: UBER) is attempting to crack down on Just Eat Takeaway.Com NV’s (OTC: TKAYF) (OTC: TKAYY) German food delivery market monopoly through employed couriers instead of gig workers, the Financial Times reports. Uber Eats timed its...
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Fintech Focus For April 13, 2021
Monday, April 12, 2021 - 7:23pm | 2278Read More...Quote To Start The Day: Only make decisions that support your self-image, self-esteem, and self-worth. Source: Oprah Winfrey One Big Thing In Fintech: The U.S. Securities and Exchange Commission (SEC) has kicked off its review of WisdomTree’s bitcoin ETF application, starting the countdown...
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ValueLicensing Slaps £270M Lawsuit Against Microsoft For Influencing Second-Hand Software Market: FT
Thursday, April 8, 2021 - 7:51am | 299Read More...ValueLicensing founder Jonathan Horley has filed a £270 million lawsuit against Microsoft Corp (NASDAQ: MSFT) in the English High Court for allegedly monopolizing the multibillion-dollar market in the second-hand versions of its software by persuading companies to surrender...
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Altimeter Growth Stock Is Trading Higher As Singapore's Grab Eyes Public Listing Via $35B SPAC Merger: FT
Wednesday, April 7, 2021 - 8:17am | 595Read More...SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY)-backed Singapore’s ride-hailing and financial services start-up Grab is set for a U.S. public listing through Altimeter Capital’s SPAC (special purpose acquisition company) Altimeter Growth...
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Olo Share Are Trading Lower After DoorDash Levels Fraud Charges: FT
Wednesday, March 31, 2021 - 4:01pm | 444Read More...U.S. food delivery app DoorDash Inc (NYSE: DASH) has accused its partner Olo Inc (NYSE: OLO) of several years of fraud and revenue manipulation and using the income to strengthen its position ahead of its March 17 initial public offering (IPO), the Financial Times...
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Amazon-Backed Deliveroo Plunges In London Debut: FT
Wednesday, March 31, 2021 - 10:37am | 546Read More...Amazon.Com Inc (NASDAQ: AMZN)-backed food delivery app, Deliveroo’s shares plummeted 30% in the company’s London initial public offering (IPO) Wednesday, hitting the lows of 271p within the first 20 minutes of trading, the Financial Times reports. What Happened...
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U.S. Listed Chinese Tech Stocks Drop Over Regulatory Concerns: FT
Thursday, March 25, 2021 - 9:18am | 444Read More...Hong Kong’s Hang Seng Tech index plummeted 5% on growing concerns of U.S. delisting and Beijing’s user data possession, Financial Times, reports. The Hong Kong-listed shares of Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings Ltd (OTC: TCEHY...
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Mastercard, SoftBank And Leading Companies Seek G7 To Create Global Tech Body: FT
Tuesday, March 23, 2021 - 7:07am | 588Read More...A group of companies, including Mastercard Inc (NYSE: MA), SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF), and International Business Machines Corp (NYSE: IBM), sought the G7’s assistance to create a new body to assist member states in tackling...
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Amazon Targets Disruption Via Internal Healthcare Service Expansion: FT
Thursday, March 18, 2021 - 9:32am | 355Read More...Amazon.Com Inc (NASDAQ: AMZN) targets expansion of its internal healthcare service to other companies. It plans to launch video calls with doctors to tap millions of U.S. citizens, the Financial Times reports. The e-commerce group plans to make Amazon Care immediately accessible to...
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SoftBank-Backed Greensill Files For Insolvency, Apollo To Buy Ailing Business Parts: FT
Tuesday, March 9, 2021 - 1:50pm | 497Read More...SoftBank Group Corp (OTC: SFTBF) (OTC: SFTBY)-backed Greensill Capital has filed for administration being unable to repay a $140 million loan to Credit Suisse and hit by defaults from its key customer GFG Alliance, the Financial Times reports. What Happened: Greensill...
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Switzerland Declines To Approve AstraZeneca COVID-19 Vaccine - Financial Times
Wednesday, February 3, 2021 - 12:32pm | 282Read More...Switzerland, the only country in continental Europe, has declined to approve the Oxford and AstraZeneca Plc (NASDAQ: AZN) COVID-19 vaccine, citing lack of data for the vaccine, the Financial Times reports. “For the vaccine from AstraZeneca, the data available and evaluated to...
