The Intel subsidiary Mobileye signed a supplier deal with Luminar on Friday to get LiDAR for its fleet of autonomous vehicles. Luminar and Mobileye already have a development agreement for nearly two years now and the new contract is a very importantdevelopment for both companies.
Leaf Group Ltd (LEAF) announced the appointment of Jody Rones to the role of Senior Vice President, Brand Partnerships. He will be leading the global sales team and will focus on developing innovative campaigns that drive results for advertising partners. Jody Rones will report directly to Leaf...
TikTok got temporary relief when a U.S. Judge in Pennsylvania who blocked a U.S. Commerce department order set to take effect on November 12, due to which TikTok was going to be ban from operating in the U.S. The Judge said in her ruling that the order would...
Inspire Brands announced on Friday that he is buying Dunkin Brands Group for $8.76 Billion which is one of the largest restaurant deals. The two chains Arby’s and Dunkin’s Donuts will merge but will keep operating separately. The Inspire brand is buying Dunkin donuts in a cash...
Twitter Shares went down by 16% on Thursday after the announcement from the company that the expenses would accelerate in the fourth quarter, and the company added fewer users then expectation from Wall Street. The social media company said that the expenses can reach 20% in the fourth quarter.Also, the...
Sony Corp is expecting a very considerable pre-orders for its new Playstation 5. The company is looking to conquer the top position in the gaming industry by launching the new gaming console on November 12. CEO of Sony Interactive Entertainment revealed that Sony already broke their previous record...
Airbnb is going to list its shares on the Nasdaq expecting to raise $3 billion in its IPO. Airbnb can raise $3 billion through sales of shares.The company will be valued at $30 billion and is expected to be On Nasdaq before the end of 2020. Airbnb's dramatic...
The Shopify e-commerce company announced on Tuesday that they are doing a partnership with TikTok to help it's one million-plus merchant to advertise their products on TikTok in a bid to grow its customer base. This partnership can be seen as a proposal for Walmart to buy TikTok...
The leading infrastructure construction company, Infrastructure and Energy Alternatives, Inc. (IEA) that specializes in specialty civil expertise and renewable energy recently announced award of an Energy Performance Contracting (EPC) wind contract worth more than $100 million. The contract was awarded in the state of Indiana to its subsidiary company White Construction which is operating...
AMD is buying Xilinx Inc in a $35 billion deal which will close its technology gap with its rival Intel Corp in the data centre chip market. The deal is expected to finalize at the end of 2021. The Outcome will be a new company with 13,000 engineers and will...