Siemens Healthineers (SH) has agreed to purchase all shares of the American pharmaceutical company Varian Medical Systems. For each share, the German manufacturer will pay $ 177.5, which is 24% higher than its value at the close of trading on Friday. In total, the deal is valued at $ 16.4 billion....

With people working and learning from home amid stay at home orders and lockdowns to prevent the spread of the novel coronavirus pandemic and turning to its products and services, United States based tech giant Apple Inc comfortably beat estimates for its quarterly performance with year on year...

Google managed to avert its first quarterly drop in ad sale revenues in its 16 years as a public company as the company reported recovery of its ad sales have recovered after slumping in March at the height of the novel coronavirus pandemic, said Google’s parent company Alphabet on Thursday....

Investors in parent company TikTok valued the app at $ 50 billion, nearly 50% more than Snap, which owns the Snapchat messenger. Investors in Chinese company ByteDance, which owns TikTok, have valued the service at $ 50 billion, Reuters reported. They gave such an assessment as part of the...

Much of the heat of Democrat and Republican lawmakers in the United States congressional hearing, who questioned four America's most prominent tech CEOs, fell on Google and Facebook as the bosses of these two tech giants were criticized the most for their alleged abuse of their power in the market...

Google's parent company, Alphabet Inc., and South Korean electronics manufacturer Samsung are discussing promotion of Google products on Samsung devices, Bloomberg reported. According to the agency’s sources, Google will be able to tighten control over the search engine on Samsung devices. While...

Compared to what it has charged the United States for its vaccine against the novel coronavirus that is still undergoing development, Pfizer Inc has said that the price for its vaccine candidate will not be lowered for other developed countries, the company said.   Pfizer finalized a deal...

Antitrust regulators of the European Union have been sued by the social media giant Facebook for allegedly seeking more information from Facebook than what the social media platform deemed necessary.   Facebook alleged that the antitrust regulators of the EU had sought from the company...

Indian Reliance Industries Ltd bypassed American ExxonMobil Corp. and ranked second in the list of the largest energy companies in the world by market capitalization. Saudi Aramco remained in first place. On Friday in Mumbai, shares of the company, controlled by Asia's richest man Mukesh Ambani,...