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CATEGORY

Technology

Google Sued by U.S. for Monopoly Abuse in Antitrust Case

The U.S. Justice Department filed an antitrust lawsuit against Alphabet Inc.’s Google, accusing it of abusing its monopoly in search and search advertising in the most significant...

Stripe acquires Nigeria’s Paystack for $200m

Stripe is acquiring Paystack, a fintech company in Lagos, Nigeria which provides payment processing services for consumers and businesses. The terms of the deal have not...

Apple Launches iPhone 12 With 5G Speeds, New Screens

Apple Inc, unveiled its latest range of iPhones, at a virtual event on Tuesday that Wall Street expects will kick off a new cycle...

Nikola Founder Resigns Amid Short-Seller Allegations, SEC Probe

Nikola Corp., the electric-vehicle startup that recently partnered with General Motors Co., said its founder stepped down as executive chairman, coming just days after the...

Tesla Shares Slump on S&P 500 Non-Inclusion

Tesla shares slumped in U.S. pre-market trading on Tuesday after the electric-vehicle maker missed out on being included in the S&P 500 Index. Tesla shares...

Sign of the Tech Times as Exxon Kicked out of Dow

Exxon Mobil Corp, Pfizer Inc. and Raytheon Technologies were kicked out of the Dow Jones Industrial Average as part of the stock benchmark’s biggest reshuffling in...

ETranzact owes First Bank N2.59bn for Smart Micro Systems Fraud

Payments provider eTranzact has payables due to First Bank of Nigeria to the tune of N2.95 billion as a result of fraudulent transactions by...

Apple Valuation Surges Past $2 Trillion as U.S Tech Rally Blazes On

Apple Inc, made Wall Street history on Wednesday when its 2020 stock surge pushed the market value past $2 trillion, the first time a...

Elon Musk Gains $8 Billion Becomes World’s Fourth-Richest Person

Elon Musk, the serial entrepreneur is now the world’s fourth-richest person after Tesla Inc. shares surged 11 percent on Monday, closing at a record...

Tesla Shares Surge after Announcement of Five-For-One Stock Split

Tesla stock jumped as much as 6 percent in after-hours trading Tuesday after the company announced a five-for-one stock split, set to go into...

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