Walmart is all set to start delivering your orders by air. America’s largest retailer will deliver thousands of items via drone to customers living in Farmington, Arkansas. The items that the retail giant will deliver include health related products like thermometers along with cough medicine and other things. However, the delivery by air will be […]
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Facebook is facing another lawsuit. This time it has been accused of copying features of a now-defunct app. Phhhoto has accused Facebook, now Meta, of hiding its name from search results and then apparently pushing it out of the business. Phhhoto was founded by Omar Elsayed, Champ Bennett, and Russell Armand in 2014. The app […]
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The Federal Trade Commission has said that Amazon will be paying back USD 60 million to over 140,000 drives. The money being repaid is the tip that the company allegedly withheld from drivers. The development comes after the FTC and Amazon reached a settlement in February. The tech giant has agreed to pay USD 61.7 […]
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In its largest-ever brand acquisition, Coca-Cola has acquired full control of BodyArmor. The beverage company paid around USD 5.6 billion to buy full ownership of the sports drink maker. Coco-Cola had purchased a 15 per cent stake of BodyArmor in 2018. It became the second-largest stakeholder in the company then. The soda giant has now […]
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Tesla has announced to stop its solar subscription service in the United States. Besides manufacturing electric vehicles, Tesla is a leading player in the clean energy sector. The company has now discontinued the subscription service. Tesla introduced a solar subscription service in the American market in 2019. The company started offering services at a cheap […]
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PayPal Holdings Inc is all set to heat up the ‘buy now, pay later’ race with the purchase of Japanese unicorn Paidy. The deal is worth USD 2.7 billion or around 300 billion yen. The deal will be done principally in cash and will put PayPal in a stronger position in the crowded ‘buy now, […]
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Amazon founder Jeff Bezos’s aim to become the first passenger of the first human space flight could take a hit. Billionaire Richard Branson has announced plans to fly to space before Jeff Bezos. Richard is the founder of Virgin Galactic, a British-American spaceflight company. Virgin Galactic said that Richard will fly to space to test […]
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Electric carmaker Tesla has received the Environmental Protection Agency or EPA range rating for Model S Long Range. The EPA determines an estimated operating range of a vehicle on a charge. The rating shows an improvement in the power efficiency of Tesla’s new car. The vehicle was supposed to have 412 miles of range when […]
Continue Reading Electric vehicle major Tesla has announced that Model S Plaid Plus has been canceled. The company had earlier said that it will hold an event for the first deliveries of the car. It, however, has officially canceled the Model S Plaid Plus. The new electric car will not hit the roads. Tesla has been teasing […]
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After a spate of disappointing acquisitions, Verizon Communications Inc. is now exploring a sale of Yahoo and AOL. This is likely to end a rocky era for the company as a media owner. The company’s bet on digital media has proved to be expensive and unsuccessful. People familiar with the development said that the sale […]
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