Amazon chief executive Jeff Bezos sells $3.1billion worth of shares

Amazon.com Inc Chief Executive Officer Jeff Bezos sold shares worth $3.1 billion in the e-commerce company in recent days, regulatory filings showed on Wednesday. The stock sale comes at a time when the company’s shares have surged more than 73% this year. During the first two working days of August, Bezos sold 1 million shares… Read More Amazon chief executive Jeff Bezos sells $3.1billion worth of shares

Facebook, Twitter, YouTube takes down post of President Donald Trump over violation of misinformation rules

Facebook Inc on Wednesday took down a post by U.S. President Donald Trump, which the company said violated its rules against sharing misinformation about the coronavirus. The post contained a video clip, from an interview with Fox & Friends earlier in the day, in which Trump claimed that children are “almost immune” to COVID-19. “This… Read More Facebook, Twitter, YouTube takes down post of President Donald Trump over violation of misinformation rules

Apple removes thousands of apps from China app store

Apple Inc removed 29,800 apps from its Chinese app store on Saturday, including more than 26,000 games, according to data from research firm Qimai. The takedowns come amid a crackdown on unlicensed games by Chinese authorities. Earlier this year Apple gave game publishers an end-of-June deadline to submit a government-issued licence number enabling users to… Read More Apple removes thousands of apps from China app store

Microsoft in talks to acquire TikTok as parent company faces forced breakup

The White House is preparing to force Chinese internet giant ByteDance to shed the U.S. operations of TikTok, as potential buyers, including Microsoft Corp, are already in talks to buy the popular short video app, people familiar with the matter said on Friday. The move would be the culmination of U.S. national security concerns over… Read More Microsoft in talks to acquire TikTok as parent company faces forced breakup