After announcing its intention to acquire the British rival Arm for $40 billion a few weeks ago, United States based chipmaker Nvidia has now pledged to build a supercomputer in Cambridge, England for £40 million or $52 million.   The Nvidia founder and Chief Executive Jensen Huang unveiled...

American company Airbnb, the operator of the housing rental service of the same name, plans to attract $3 billion in the upcoming initial public offering (IPO), reports Reuters. According to their information, the market value of the company as a result of the IPO may reach $ 30 billion. According...

US Noble Energy Inc.Shareholders greenlighted the upcoming merger with Chevron Corp. The deal, unveiled in July 2020, will become one of the largest in the industry since the COVID-19 pandemic started. The deal is essentially a swap of shares: shareholders of Noble Energy will be given 0.1191...

The direct messaging service within Instagram will be replaced by a version of its Messenger app, Facebook Inc said on Wednesday. This is the first step by the largest social media company of the world in its plans for bundling together all of its messaging services across its suite of apps....

Nokia Corp has signed a deal with Britain's largest mobile operator BT Group Plc to supply equipment for 5G networks. As part of the deal that will turn the Finnish telecommunications company into BT's largest infrastructure partner, Nokia will provide equipment and services at BT base stations...

The COVID-19 pandemic has significantly worsened the situation of traditional retailers in the United States, which were already having difficulties. According to The Wall Street Journal, citing a report from research firm BDO USA, 18 retail chains in the United States filed for bankruptcy in the...

PSA and Toyota have been in collaboration for vans manufacturing from 2012. PSA has an offer for Toyota, whereby helping the latter to boost so as to “address EU antitrust concerns” raised towards its plans in association with Fiat Chrysler.   PSA has offered help to Toyota for increasing...

A report from the news agency Reuters has claimed that the antirust body of the European Union is set to give the green signal to Alphabet’s Google’s acquisition of fitness tracker maker Fitbit in a deal worth $2.1 billion. This became apparent after the United States based search engine giant made...

A business program at a Lebanese university USEK was launched on Tuesday by the now fugitive auto tycoon Carlos Ghosn in what was his first public appearance in months.   The former chief of the Japanese auto company Nissan spent 130 days in prison in Japan after he was arrested in November...