Latest Articles
AstraZeneca May Resume COVID-19 Vaccine Trial in U.S. This Week
By Darya Rudz
• 3 mins read
As the draft of a form letter to UK AstraZeneca vaccine trial participants states, FDA “has come to the same conclusion as the other drug regulators including the MHRA” and approved further vaccine testing.
Eat Just and Proterra Asia Partner to Launch a Subsidiary in Asia
By Darya Rudz
• 3 mins read
When built, the factory will generate thousands of metric tons of protein, adding to existing protein facilities in North America and Germany.
SK Hynix to Acquire Intel NAND Business for $9 Billion
By Darya Rudz
• 3 mins read
For SK Hynix, the deal will make its storage solutions more competitive. The company also expects that the transaction will enable it to grow the memory ecosystem.
Nokia to Build First 4G Cellular Network on Moon in Collaboration with NASA
By Darya Rudz
• 2 mins read
For the 4G project, Nokia Bell Labs received a $14.1 million grant from NASA. It is also collaborating with Texas-based Intuitive Machines that NASA has chosen to build a small “hopper lander”.
Ant Group IPO in Hong Kong Wins Approval from Chinese Regulators
By Darya Rudz
• 3 mins read
In September, Ant won approval from Shanghai’s Star Market. But it still had to wait for the green light from Chinese regulators. Today, a hearing with the Hong Kong stock exchange will take place.
Tesla Starts Delivering Shanghai-Made Model 3 to Europe, TSLA Stock Declines After Hours
By Darya Rudz
• 3 mins read
This year, Tesla plans to produce as many as 150,000 Model 3 at its Shanghai facility. Currently, Tesla makes around 11,000 units per month.
TSLA Stock Rose 3% Yesterday on Goldman Sachs Raising Tesla’s Price Target but Is 3% Down Now
By Darya Rudz
• 3 mins read
Tesla will release the report on October 21. According to Goldman Sachs’ Mark Delaney, it will be impressive due to electric vehicle adoption, margins, and market share all increasing.
Deutsche Bank Bets on Video Game Industry and Upgrades Activision Blizzard to ‘Buy’
By Darya Rudz
• 3 mins read
Deutsche Bank analyst Brian Kraft believes that the end of the pandemic will lead to the video game industry outperforming the expectations.
Chinese Shenzhen Rolls Out 10M Digital Yuan in Public Giveaway Program
By Darya Rudz
• 3 mins read
The aim behind the initiative is to allow the citizens to spend the digital yuan. According to Liao Qun, chief economist at China Citic Bank International, the program will spur consumption in Luohu district. Besides, it will stimulate using CBDC in consumers’ everyday lives.
Max Levchin’s Lending Company Affirm Confidentially Files for an IPO in the US
By Darya Rudz
• 3 mins read
Affirm’s IPO will take place as soon as the SEC completes its review process, subject to market and other conditions.