GM, LG Energy Invest $2.3B In Second US EV Battery Manufacturing Plant: Report
General Motors Co (NYSE: GM) and LG Energy Solution joint venture, Ultium Cells LLC, announced over $2.3 billion investment to construct its…
Square Enix Stock Gains On Takeover Rumors: Bloomberg
Final Fantasy series games owner, Square Enix Holdings Co Ltd (OTC: SQNNY) (OTC: SQNXF) stock jumped 12% on the Tokyo Exchange on…
Facebook Oversight Board Seeks Additional Time For Trump Ban Decision
Facebook Inc (NASDAQ: FB) has extended the review timeline regarding former U.S. President Donald Trump’s indefinite suspension from Facebook and…
Amazon Targets Furniture Assembly Service To Take Wayfair Pie: Bloomberg
Amazon.Com (NASDAQ: AMZN) is testing a premium service that enables customers to assemble furniture or appliances on home arrival, intensifying…
Taiwan’s Drought Poses Additional Threat To Looming Global Chip Crisis: WSJ
Taiwan’s severe drought could aggravate the ongoing global chip crisis as semiconductor producers required a massive water supply…
Luxury Travel Startup Inspirato Aims SPAC Merger With Thayer Ventures In $1B Deal: Bloomberg
Denver’s luxury travel startup, Inspirato, is planning a reverse special purpose acquisition company (SPAC) merger with Thayer Ventures Acquisition…
Amazon Defies Reuters’ Story As Evidence In Indian Antitrust Probe: Reuters
Amazon.Com Inc (NASDAQ: AMZN) has sought to reverse an Indian antitrust probe injunction by disqualifying a Reuters report highlighting its preferential treatment…
VEON Co-CEO Sergi Herrero Steps Down
Sergi Herrero, the Co-CEO of VEON Ltd (NASDAQ: VEON), will step down effective June 30, 2021. He will continue in an advisory role,…
White House Holds Russia’s SVR Responsible For SolarWinds Cyber Hack: Reuters
The White House has blamed the Russian foreign intelligence service, SVR, for the SolarWinds Corp (NYSE: SWI) hack that compromised nine…
Geely Launches Premium EV Brand Zeekr, Intensifying War With Tesla, Nio: Report
Chinese automaker and Volvo Cars owner Geely Automobile Holdings Ltd (OTC: GELYY) unveiled a high-end electric vehicle (EV) brand, Zeekr, to…