Amazon is set to buy a 16% minority stake in U.K. food delivery firm Deliveroo after the company was given approval. Before the approval was granted both companies were caught in a long drag convincin...
The Boston-based biotech firm, Cerevel Therapeutics, which spun out of Pfizer in 2018 has announced that it will go into a merger with another company, and also go public.The merger deal was announced...
Microsoft (MSFT) is serious about acquiring video social media company TikTok and the company confirmed the deal on Sunday, August 2, 2020. Microsoft issued a statement on its website stat...
On Thursday, Amazon (AMZN) reported its second-quarter earnings which revealed that not only did the company exceed analysts' estimates but also recorded a double-digit revenue growth year over year.&...
On Thursday, the Federal Communications Commission announced that Amazon (AMZN) might finally be working on its satellite system which the company said would compete with Elon Musk's SpaceX’s Starli...
Last stage before regulatory reviewLarge trials (30,000 people) to assess safety, efficacyHalf receive vaccine, half receive placeboSuccess: half as many (or fewer) infections for those on vaccineU.S,...
On Wednesday, lawmakers in Congress met with the CEOs of giant tech companies, Amazon (AMZN), Apple (APPL), Facebook (FB), and Google (GOOGL). The hearing was concerning antitrust issues that i...
Tim Bray, Amazon's former Vice President who suddenly resigned in May is calling on the company to spin-off its cloud-computing business Amazon Web Services. According to Bray, spinning off Amazon Web...
“I think the [tech] bubble has stopped inflating, but now it’s a question of when it starts deflating. They Key consideration is where do people go if not into tech—and there’s no obvious cand...
The antitrust congressional hearing with CEOs of tech giants, Amazon, Apple, Facebook, and Google has been moved to noon Eastern time on Wednesday. The hearing was originally scheduled for Monday but ...