Paris-based automotive parts manufacturer Valeo is reportedly planning to invest USD 56 million in Daegu, South Korea, which is located 200 kilometers southeast of Seoul to capitalize on the growing a....

Nokia Corporation stated that it anticipates the worldwide semiconductor crisis to ease later this year as it announces a quarterly operating profit that exceeded market forecasts supported by strong ....

American multinational technology giant Google LLC is reportedly planning to suspend all hiring for the next two weeks while also slowing down recruitment efforts of new people for the rest of the yea....

Amazon has reportedly sued over 10,000 Facebook group administrators, accusing them of arranging false reviews in exchange for compensation or free items. The e-commerce giant stated that the Facebook....

The living standards in the U.K. have dropped to a record low in May despite pay rises since they failed to keep pace with the soaring costs. According to the Office for National Statistics, the co....

Snapchat has recently announced the launch of the web version of its popular photo-sharing app Snapchat, which will enable users to send photos, chat, and make video calls from their computers. The te....

Volkswagen Group has announced new plans to double the sales of its electric ID vehicle series in China by this year-end. This comes despite the COVID-19 setbacks, with the automaker declaring its pla....

The U.S. Food and Drug Administration (FDA) has reportedly approved the fourth COVID-19 vaccine from Novavax Inc. for emergency use among adults aged 18 and above to expand the range of available anti....

Recent reports have suggested that the hypercar division of Croatian carmaker Rimac Automobili, has successfully begun producing the USD 2.5 million worth Nevera hypercar EV. This vehicle has been dub....