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Technology
Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues
January 14, 2021 08:50 PM PST| By Team Kalkine MediaThe market leader in the online advertising business, Alphabet-owned Google, has completed the health device producer Fitbit's acquisition worth USD 2.1 billion. Image source: pixabay The mega-company announced it on 14 January 2021. The .....
The spotlight on Affirm and its bearing on the Market
January 14, 2021 06:36 PM PST| By Kunal SawhneyBNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th.....
Jack Ma-Xi Jinping Standoff: The Battle Between Chinese Govt vs Private Tech
January 13, 2021 01:49 AM PST| By Team Kalkine MediaAfter speculation of billionaire entrepreneur Jack Ma missing for two months, reports now claim that the Chinese government is seeking to nationalize his billion-dollar companies, Alibaba and the Ant Group. The rumors come in the backdrop of a Chines...
Twitter & Facebook Stocks Plunge As Trump-backed Investors Retract
January 11, 2021 05:14 AM PST| By Kunal SawhneyTwitter Inc. (TWTR:US or NYSE: TWTR) and Facebook Inc. (FB:US or NASDAQ: FB) stocks declined in the early trading hours of Monday (January 11, 2021) after the social-media giants banned US President Trump's account. This pan-social media ban against...
Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person
January 07, 2021 08:21 AM PST| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...
