Rolls-Royce Posts Record £5.4 Billion Loss

August 27, 2020
The UK-based engine maker has been hampered by the global downturn in air travel and is now scaling back its operations.
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TikTok CEO Resigns After 100 Days

August 27, 2020
Amid soaring tensions with the US government, the head of TikTok has departed the company only three months into the role.
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Jack Ma’s Ant Group May See Largest Float Ever

August 26, 2020
All eyes will be on the Chinese billionaire’s firm as it threatens to beat Saudi Aramco’s initial valuation.
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Palantir CEO Lashes Out at Silicon Valley “Elite” in Letter to Investors

August 26, 2020
As his company prepares to go public and move headquarters, Alex Karp has slammed the tech sector’s “values and commitments”.
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Rio Tinto Head Loses $3.5 Million Over Heritage Destruction

August 25, 2020
The demolition of sites sacred to Aboriginal Australians has sparked public outcry.
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Facebook Settles French Tax Dispute for $125 Million

August 24, 2020
The social media giant is only the latest Big Tech firm to settle with the French tax authority.
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Target CEO Brian Cornell Explains Record Q2 Success

August 20, 2020
The world’s largest retailer made enormous gains in the second quarter even as the US continues to grapple with COVID-19.
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Apple Becomes the US’s First $2 Trillion Listed Company

August 19, 2020
Wednesday trading saw Apple’s market cap rise above the $2 trillion mark for the first time in Wall Street’s history.
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Oracle Enters Race to Purchase TikTok

August 19, 2020
In a potential upset for Microsoft’s bid, Oracle has begun talks to buy out the beleaguered social media app.
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New Huawei Restrictions to Shake Global Tech

August 18, 2020
Both the Chinese tech giant and the firms that supply it will be severely impacted by the US government’s new order.
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Elon Musk Becomes the World’s Fifth-Richest Man, Again

August 18, 2020
Following a stock surge, the Tesla CEO’s net worth has risen above that of Warren Buffett and Mukesh Ambani.
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Japanese Officials Sought Nissan-Honda Merger

August 17, 2020
The Japanese government floated the idea of creating a new national car manufacturing champion, reports claim.
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