Facebook is ready to invest around $5.7 billion investment in Mukesh Ambani's telecom company Jio Platforms Limited, which is owned by Reliance Industries and managed by the said billionaire in India.
As millions of people stay in their homes in America, the country has been relying more on the online marketplaces including Amazon to get the much required essentials including food, toilet paper, cold medicine and hand sanitizer.
Amazon employees are calling upon the colleagues to stage an online walkout to demand to reinstate the company fired workers along with protesting over the treatment of warehouse workers during the COVID 19 outbreak.
Apple and Google - could be rivals but as per the latest buzz, they have come together to create technology to support the health officials to find out who has been infected by the deadly virus COVID 19.
Amazon is back in the news for having its stock reaching all time. The trade stock seems to have gone around 2242 USD this Tuesday morning up to 3 percent from the previous close.
To meet the gain in demands, Amazon has plans to enroll additional 75,000 workers at its facilities besides, the current 100,000 new positions which were created the previous month, informed the company sources to the media.
The Zoom app seems to be hit hard, because of lawsuit which has come from one of its shareholders who seems to have alleged that the company has not disclosed the issues with the security and privacy issues
As the Internet giant -WeWork is on the verge of collapse, it was only relying on SoftBank's 3 Billion USD tender offer. However, with its withdrawal, the company lost its hope to secure the money for its survival.
Xu went on to say that Huawei did not meet the revised targets that were seen going $135 billion marks. He added that the company was seen short by $12 billion.
E-Commerce giant JD.com to emerge as a technology platform for the US based consumers who are active on the cloud computing market that seems to be dominated by Alibaba.