The Chief Executive Officer of Tesla Elon Musk publicly challenged Twitter CEO Parag Agarwal to hold a one-to-one debate and prove that the number of fake users, aka bots, on Twitter is less than 5 percent of the net users. He alleged that the Twitter board showed bogus data when they discussed the terms in…
Amazon Partners With Oscar de la Renta To Foray Into The Luxury Fashion Segment For Prime Members Amazon.com Inc. (NASDAQ:AMZN) is foraying into the luxury fashion segment through a partnership with Oscar de la Renta. The e-Commerce giant will launch several high-end fashion stores in what is seen as a big blow to the struggling…
Nikola Shares Tank Following Short-Seller Firm, Hindenburg Research’s Fraud Allegations Nikola Corporation (NASDAQ: NKLA) shares plunged last Friday by over 14% after the company fired back against fraud allegations report by Hindenburg Research. The electric vehicle company has denied the allegations of being an “intricate fraud” and considers possible legal action. Hindenburg Research accuses Nikola…
Facebook launch election study Facebook Spending Almost $50 Million On An Election Impact Study Facebook has launched a study on social media impact on elections and democracy. The company has lined up millions of dollars in payments to the study participants. The Facebook election impact study will involve asking people to complete a survey or…
Samsung lands significant 5G contracts – Samsung Gets Closer To Target With $6.6 Billion Verizon 5G Deal Samsung has landed one of its most significant 5G contracts. Verizon signed the South Korean conglomerate for a five-year 5G deal worth more than $6.6 billion. Samsung revealed the Verizon 5G contract in a regulatory filing in Korea…
DoD Reaffirms the JEDI Contract Microsoft, It Is! DoD Reaffirms the JEDI Contract Award Despite Amazon Protestations Microsoft Corporation (NASDAQ:MSFT) remains the Defense Department’s favorite in the controversial Joint Enterprise Defense Infrastructure (JEDI) contract. The Pentagon decided on Friday after a legal battle that has lasted for ten months. Amazon.com, Inc. (NASDAQ:AMZN) was MSFT’s major…
Walmart Confirms Interest in TikTok – Walmart Inc. (NYSE: WMT) is the latest among the suitors looking to snap up TikTok. The Wall Street Journal reported that WMT is co-bidding for the US operations of TikTok with Microsoft Corporation (NASDAQ: MSFT). It would be the latest – and boldest – gambit for Doug McMillon. The…
