Staff Writer

Nikola Corporation (NASDAQ:NKLA) is under immense pressure on being accused of making an ‘Ocean of Lies’ about its technology. The junior electric car company market sentiments have since turned sour on the founder and chairman Trevor Milton, stepping down as the allegations continue to get out of hand. Nikola Waning Confidence Short selling firm Hindenburg
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Walmart Inc. (NYSE:WMT) is raising the minimum wage for its employees, even as the COVID-19 pandemic continues to take a toll on the traditional retail landscape. A good number of brick and mortar are struggling to stay afloat as the epidemic continues to disrupt shopping patterns. Amid the COVID-19 shocks, the nation’s largest retailer believes
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The real estate industry seems to be doing well, given the amount of investments streaming into the sector. In the aftermath of the COVID-19 pandemic, investors have flocked the industry in pursuit of highly undervalued properties and investments. Berkshire Hathaway, which has been on an investment spree, is the latest to bet big on U.S.
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Cryptocurrency mainstream adoption is gaining traction going by recent developments in the burgeoning sector. Bahamas is the latest country to affirm a strong interest in the blockchain revolution with plans to launch a national cryptocurrency. Bahamas National Cryptocurrency The Caribbean island nation has confirmed plans to launch a central bank-issued cryptocurrency in October. Sand Dollars
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Chinese firms are increasingly feeling the effects of escalating tensions between Beijing and Washington. While the focus has been on TikTok and Huawei in recent months, China National Chemical Corp is the latest, to feel the fallout effects. The state-owned firm is struggling to elicit strong demand on unveiling $3 billion worth of bonds. China
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Strong demand for cloud-computing offerings amid the work-from-home spectacle is poised to give rise to one of the biggest Initial Public Offerings, in one of the most challenging market environments. Cloud storage software maker, Snowflake is planning to go public as it looks to take advantage of investors pouring money into the cloud market. Snowflake
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TikTok has reached a landmark deal that, if approved, would safeguard its operations and future in the U.S. Oracle Corporation (NYSE:ORCL), and ByteDance have reached an agreement that will see TikToKs operations merged with Oracle. However, the viral video sharing app will not be acquired outright as initially thought. ByteDance has already confirmed it will
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Tensions between the U.S and China are heating up as Washington threatens to ban yet another Chinese company. China’s largest chipmaker, Semiconductor Manufacturing Corporation, is the latest to find itself at crossroads amid spiraling relations between the two tech and economic powerhouses. Entity List Designation The U.S Department of Defense is in discussions over the
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T-Mobile Us Inc. (NASDAQ:TMUS) has embarked on an ambitious project that seeks to ensure students don’t miss out on learning, even as COVID-19 continues to derail learning activities worldwide. The cellular service network provider has announced a $10.7 billion initiative that will deliver free internet connectivity to millions of students across the country. T-Mobile Free
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