Bugatti recalls 77 units of 3 models amid software & driveshaft issues

French high-performance luxury automobile manufacturer Bugatti Automobiles S.A.S. has reportedly recalled around 77 units involving Chiron, Chiron Sport and Divo models in the United States. The official recall was issued by the NHTSA (Nati....

Microsoft to release Microsoft Flight Simulator in Xbox consoles & PCs

Microsoft Corporation, an American multinational technology company, has reportedly announced plans to release Microsoft Flight Simulator in Xbox consoles and PCs. The technology company has previously given the timeframe for the launch of ....

New US lawsuits could see Facebook selling off Instagram and WhatsApp

Silicon Valley giant, Facebook could likely be forced to divest and sell off its prized assets, Instagram and WhatsApp after United States Federal Trade Commission (FTC) as well as nearly all U.S. states filed lawsuits against the company, ....

Researchers confirm the safety of Oxford-AstraZeneca COVID-19 vaccine

Researchers have reportedly confirmed the safety and efficacy of the Oxford/AstraZeneca COVID-19 vaccine in a study published in the Lancet journal. Even though most people in the study were aged less than 55, it has been found that the vac....

Stitch Fix shares hike 33% post announcement of revenue growth

Stitch Fix shares have reportedly witnessed a surge of over 33 per cent in the after-hours trading following the company’s announcement of surprise profit and 10 per cent revenue growth, measured from a year ago. In a letter to its s....

Kingfisher joins other retailers to return emergency taxpayer support

Kingfisher, the owner of B&Q, has reportedly joined other retailers in the repayment of emergency taxpayer support, amounting to £130 million, that it had obtained as business rates relief. According to Kingfisher, it had previou....

Goldman Sachs plans to shift key division to a new Florida hub

The Goldman Sachs Group is reportedly considering plans to shift its asset management division to a new base in Florida. The decision is likely to give a potential blow to New York’s standing as the de facto home of the financial indu....

Microsoft launches a new data governance service Azure Purview

The newly launched cloud tool can check if the corporate data complies with a region’s privacy laws. The new cloud-based tool reportedly uses artificial intelligence to automatically conceal data from being accessed by unauthorized....

House of Rep passes bill to oust Chinese firms from US stock exchange

After being passed by the U.S. Senate in May, a bill regarding the dismissal of Chinese companies from the U.S. stock exchange, if they fail to show complete compliance with the auditing rules of the United States, has been reportedly passe....

Hyundai to set up new EV platform architecture beginning with Ioniq 5

Hyundai Motor Group has reportedly shared plans for unveiling its new E-GMP (Electric-Global Modular Platform) architecture. Commencing with the Hyundai Ioniq 5 crossover vehicle in 2021, the automaker’s first EV platform will go on t....