Robinhood priced its public offering at $38 per share last night, the low end of its IPO range. The company was worth around $32 billion at that price. But once the U.S. consumer investing and trading app began to allow…
Salesforce, the leader in Customer Resource Management (CRM) Systems, acquired Slack Technologies, Inc., the enterprise communications platform, under a deal of 27.7 billion dollars. As per the terms and conditions, Slack shareholders will receive $26.79 in cash and 0.0776 shares…
According to the European Union, Volkswagen, Audi, Porsche, BMW, and Mercedes-Benz parent company Daimler have been illegally colluding to restrict competition in emission cleaning for new diesel passenger cars, essentially slowing the deployment of cleaner emissions tech. On Thursday, the…
The public beta of Apple’s next big macOS release, MacOS Monterey, is now available for download for the users. The operating system has the same general look and feel as its predecessor, macOS 11 Big Sur, but it brings some…
Google and Jio first announced they were working together on an affordable smartphone last year when Google invested $4.5 million in Jio Platforms. The upcoming Google-Jio smartphone will use a version of Android that was specifically designed for the device….
After four days of new releases, gameplay trailers, and guest appearances, E3 2021 has come to an end. The gaming conference featured several big announcements from major global game developers like Ubisoft, Microsoft, Capcom, Nintendo, and Bandai Namco across consoles…
Facebook has extended former President Donald Trump’s indefinite ban into a two-year suspension that will end on January 7th, 2023. After the two-year suspension, Facebook will then re-evaluate Trump’s ban to “assess whether the risk to public safety has receded,”…
NetChoice and the CCIA have sued Florida over its newly passed rules for social networks. The tech industry organizations represent some of the biggest tech giants including Amazon, Google, Intel, Samsung, Facebook, and others. The organizations say SB 7072 violates…
ByteDance’s CEO, Zhang Yiming, has announced he’s stepping down from his role leading the company. The company’s success with TikTok led it to become the world’s most valuable startup. Yiming, who co-founded ByteDance in 2012, will move to another position…
The National Association of Attorneys General called on Facebook in an open letter to abandon plans for an Instagram platform focused on children under the age of 13. The letter has been signed by 44 different state-level attorneys general (including…
