WeWork co-founder Adam Neumann is likely to be paid around USD 500 million under the proposed settlement over payout with SoftBank. The development comes less than two years after the departure of the former Chief…
Business
Mazda Motor Is The Best Overall Car Brand For 2021 As Per Consumer Reports
Mazda Motor has been pegged as the best brand of the year 2021 by Consumer Reports. This is for the first time when Japanese multinational automaker has managed to clinch the top position. The ‘zoom-zoom’…
UK Top Court’s Landmark Ruling Says Uber Drivers Are Employees, Entitled To Worker Benefits
In a landmark judgment, the Supreme Court of the United Kingdom said that all Uber drivers are legal workers. The top court clarified that these drivers are self-employed contractors as argued by the ride-hailing service.…
Bombardier To Stop Production Of Learjet, To Lay Off 1,600 Employees
Bombardier has announced that it would stop production of Learjet aircraft later this year. The manufacturer of the business jets said that the decision has been taken so that it can shift focus on more…
Aunt Jemima Gets A New Name After 131 Years, PepsiCo Explains Story Behind It
PepsiCo has announced that it is rebranding ready-mix pancake flour Aunt Jemima to Pearl Milling Company. Explaining the history behind the new name, the food and beverage giant said that theme will continue to be…
TikTok To Become An American Company, To Move Headquarters In The US
Chinese video-sharing app TikTok is all set to become an American company. ByteDance has decided to shift the headquarters of TikTok to the United States. ByteDance is a Chinese multinational. It owns TikTok. The development…
Amazon Launches Smart Plug Exclusively For Indian Market, To Act As Buffer Between Power Socket And Appliance
American tech giant Amazon has launched a Smart Plug. The Smart Plug is said to be developed by Amazon exclusively for the Indian market. It has a three-pin socket design. The Smart Plug has a…
Raytheon Technologies To Cut 15,000 Jobs Commercial Aerospace Jobs
Raytheon Technologies has plans to cut 15,000 jobs this year amid the coronavirus pandemic that has resulted in a downturn in the aviation industry. The latest elimination by the defense and aerospace company comes on…
Scientists Detect Phosphine In Venus Atmosphere, Hints At Signs Supporting Life In Earth’s Neighborhood
Scientists have made an extraordinary discovery. The latest discovery is related to the signs of potential life in Earth’s neighborhood. Scientists have discovered presence of signs supporting life on Venus. Venus comes after Mercury and…
Apple Opens World’s First Floating Retail Store In Singapore
Have you ever heard about a floating retail store? Yes, it is true. Tech giant Apple has made this possible. The Cupertino based company has just opened a floating retail store for its customers. The…