Apple wins last-minute reprieve from changes to App Store payments

Apple Inc. has been reportedly granted a stay on court-ordered changes to its App Store as the tech giant appeals the decision, marking a victory in a long-running legal battle with Epic Games Inc., the maker of the widely popular video gam....

Nestlé to lower its stake in L’Oréal with USD 10 billion stock sale

Nestlé SA has stated that it will be diluting its stake in L’Oréal to 20% by redeeming stocks worth USD 10 billion – a move that will reduce the beauty giant’s weight from its books for the first time in seve....

Alphabet Inc. adds Google pay to Israel’s digital wallet offerings

Since Apple Pay's launch, the volume of purchases made with digital wallets has increased 20 times in Israel. Around two-thirds of payment terminals in the country accept the wireless payment standard. Alphabet Inc.’s payment....

U.K trucker shortage sees improvement as HGV driver testing picks pace

Britain has been facing a severe shortage of heavy goods vehicle (HGV) drivers, but recently, the pace at which labor is exiting the sector has reportedly slowed down considerably. Logistics U.K., which represents haulage and freight busin....

Sense raises USD 90 Mn in Series D to expand its HR tech offerings

HR tech firm Sense has multiplied its valuation to USD 500 million in its 50 million Series D fundraise, spearheaded by SoftBank Vision Fund. The five-and-a-half-year-old San Francisco-based startup, which caters to blue-collar workers and ....

Nordic Consulting expands Cerner division with S&P acquisition

Nordic Consulting, a global technology, and health consulting company has reportedly acquired S&P Consultants, a healthcare IT consultancy firm with a market-leading reputation for Cerner services. S&P Consultants will be included ....

Fintech startup Simpl raises USD 40 Mn in Series B to fuel expansion

Bengaluru-based buy now, pay later (BNPL) startup Simpl recently bagged USD 40 million in Series B round, taking its total fundraised till date to USD 83 million. Valar Ventures as well as IA Ventures co-led the funding, with added contribu....

AWS to help carmakers prevent recalls and diagnose issues remotely

Amazon Web Services Inc. recently introduced a new cloud-based data service to assist carmakers in remotely diagnosing and managing vehicle issues for avoiding recalls and enhancing safety. The new tool in the tech giant’s AWS for Au....

Mazda Australia faces heat over misleading customers seeking refunds

The court identified Mazda made 49 distinct fraudulent or misleading representations to nine consumers who sought a refund or replacement of their cars. Australian Competition and Consumer Commission (ACCC) initially filed the case again....

Australia proposes defamation laws to reveal trolls on social platforms

Australia’s Prime Minister Scott Morrison is set to introduce new defamation laws that would compel online social media platforms to disclose identities of trolling accounts or else suffer the consequences of defamation. The new regul....