Former Apple employee pleads not guilty to trade secret theft allegations

A former Apple Inc employee pleaded not guilty on Monday after federal prosecutors filed an indictment accusing him of stealing trade secrets. Federal officials on July 12 indicted Xiaolang Zhang on a single count of trade secret theft, alleging that Zhang had stolen a 25-page blueprint for a circuit board designed to be used in… Read More Former Apple employee pleads not guilty to trade secret theft allegations

Walmart partners with Microsoft for use of cloud and AI technology

Retail giant Walmart Inc said on Tuesday it entered into a strategic partnership with Microsoft Corp for wider use of cloud and artificial intelligence technology, in a sign of major rivals of Amazon.com Inc coming together. The five-year agreement will leverage the full range of Microsoft’s cloud solutions, including Microsoft Azure and Microsoft 365, to… Read More Walmart partners with Microsoft for use of cloud and AI technology

Warren Buffett donates $3.4billion to Gates’ and own charities

Warren Buffett has donated roughly $3.4 billion of Berkshire Hathaway Inc stock to five charities, the billionaire’s largest contribution in his longstanding plan to give away his fortune. Buffett’s 13th annual donation comprised about 17.7 million Class “B” shares of Berkshire, valued at $192 each as of Monday’s market close. The largest block went to… Read More Warren Buffett donates $3.4billion to Gates’ and own charities

Ford agrees to $299.1million settlement in U.S. Takata air bag case

​Ford Motor Co agreed to a so-called economic loss settlement of $299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The settlement covers several forms of economic damages linked to the inflators, including claims that vehicles… Read More Ford agrees to $299.1million settlement in U.S. Takata air bag case

Twenty-three injured as volcanic lava bomb hits tour boat in Hawaii

A blob of hot volcanic lava struck an ocean tour boat just off the Big Island of Hawaii on Monday, injuring nearly two dozen people in the worst casualty incident to date from the ongoing eruption of the Kilauea Volcano. A huge steam-driven explosion, caused by molten rock mixing with seawater as it poured from… Read More Twenty-three injured as volcanic lava bomb hits tour boat in Hawaii