Category Archives: Business

Outraged’ Chinese want ByteDance to ‘put up a fight’ over TikTok sale 

China is unlikely to accept an acquisition of TikTok’s US operations by Microsoft and said it will prevent any deal forced by Trump. DW spoke with Rui Ma, a China tech expert, about a sale the Chinese see as “theft.”

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U.S. pursues nearly $13 billion of claims in Purdue Pharma opioid probes, sources say 

U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma.

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Ellen DeGeneres Show’ Holds Virtual Staff Meeting: There’s ‘Negative And Fearful Vibe,’ Source Says 

“The Ellen DeGeneres Show” held a virtual staff meeting to discuss the update on the investigation concerning the alleged misconduct in its workplace.

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JSPL July steel output rises to 7.40 LT, sales at 7.62 LT 

“India Inc is getting back to normalcy, as companies can mend supply chains, getting more workers back on the job, resulting in the increased domestic steel demand. Thanks to the Government#39;s efforts to reboot the economy by announcing the stimulus package,” Sharma said.

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THE SMART SPEAKER REPORT: Smart speakers could be the fastest-growing digital platform ever — here’s how to engage with customers through the devices 

This is a preview of The Smart Speaker research report from Business Insider Intelligence. Purchase this report. Business Insider Intelligence offers even more technology coverage with Connectivity & Tech Pro. Subscribe today to receive industry-changing connectivity news and analysis to your inbox. The smart speaker has been a runaway success in the han […]

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Ex-Google exec sent to prison for stealing robocar secrets 

A former Google engineer who helped steer the company’s self-driving car project has been sentenced to 18 months in prison

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Samsung Galaxy Watch 3 Spotted In Retail Stores Ahead Of Launch 

The Galaxy Watch 3 was already spotted in various retail stores like Best Buy and Target, reports reveal.

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Sony WH-1000XM4 Launches This Week; Promo Video Shows Headphones In Action 

Sony is preparing to launch the successor to its highly acclaimed WH-1000XM3 noise-canceling headphones, the new WH-1000XM4.

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Golden State Warriors May Benefit From University Of Kentucky Prospect 

The Golden State Warriors also have a second-round pick in the upcoming draft that may benefit the roster in the long run. One prospect they can take advantage of is University of Kentucky’s…

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Stocks tread water as earnings season gathers pace 

U.S. stock futures wavered Tuesday as a slew of major companies reported earnings, some of them beating already low expectations from coronavirus economic troubles.

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Global shares mixed amid coronavirus waves, recovery hopes 

Shares have risen across Asia after Wall Street closed broadly higher on encouraging economic reports

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Sony’s profit up as people staying home play video games 

Japanese electronics and entertainment company Sony Corp. said Tuesday that its April-June profit jumped 53% as its video game and other online businesses thrived with people staying home due to the coronavirus pandemic.

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Dixons Carphone to cut 800 store management jobs 

The Currys PC World owner said it was “not an easy decision” but it must respond to rising online sales.

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10 Biggest Price Target Changes For Monday 

Morgan Stanley lifted Clorox Co (NYSE: CLX) price target from $193 to $197. Clorox shares rose 0.7% to $233.50 in pre-market trading. read more

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BUSINESS LIVE:  BP slashes dividend; Easyjet raises flight capacity; Diageo profits slide  

BP has slashed its dividend payout to 4p per share. This is the first time it has cut the payment since the Deepwater Horizon disaster, after the company’s profits were squeezed by a drop in the price of oil.

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