Market News

In the fast-paced world of technology, disputes between industry giants are rare but noteworthy. The recent escalation of tensions among three major players – Cognizant, Infosys, and Wipro – has caught the industry’s attention. This article delves into the roots of the conflict and the current legal battles shaking up India’s IT sector. The Genesis …

Tech Titans Clash: Unraveling the Cognizant, Infosys, and Wipro Dispute Read More »

Silicon Valley, USA – In a landmark move poised to redefine the networking industry, Hewlett Packard Enterprise (HPE) announced on Tuesday its plans to acquire Juniper Networks for a staggering $14 billion. This strategic acquisition marks a significant pivot for HPE, integrating Juniper’s robust hardware and software into its core business model. The deal is …

HPE Set to Transform Networking Landscape with $14 Billion Acquisition of Juniper Networks Read More »

Malaysia has emerged as a frontrunner in the global Halal industry, experiencing steady and impressive growth. This growth reflects the country’s majority Muslim population and its strategic initiatives and robust certification standards that have set a benchmark in the Halal sector worldwide. As we look into the dynamics of this thriving industry, it’s essential to …

Steady Growth of Halal Industry in Malaysia Read More »

Legal Setback for X Corp in Employee Bonus Dispute In a recent legal decision, X Corp, previously known as Twitter, has been found in breach of contract by a U.S. federal judge for failing to pay millions in bonuses to its employees. This ruling marks a significant setback for the company in its ongoing legal …

U.S. Court Finds X Corp (Formerly Twitter) Liable for Unpaid Employee Bonuses Read More »

Overturning of Historic Patent Award In a dramatic turn of events, U.S. District Judge Elizabeth Hanes has dismissed the patent infringement claims by Centripetal Networks against Cisco Systems. This decision reverses the landmark 2020 ruling by U.S. District Judge Henry Morgan, which had resulted in a record-setting $2.75 billion award to Centripetal, the largest in …

Cisco Triumphs in Patent Litigation Battle Read More »

New York, United States — Trevor Milton, the founder of Nikola, an electric and hydrogen-powered truck manufacturer, received a four-year prison sentence on Monday. Milton was convicted of deceiving investors about the company’s technology, resulting in a significant drop in its market value. The Sentencing: A Moment of Reckoning Milton, 41, was found guilty on …

Nikola Founder Sentenced to 4 Years for Misleading Investors Read More »

Historic Achievement: Apple’s Market Value Reaches $3 Trillion In a significant financial milestone, Apple Inc.’s market capitalization closed at approximately $3 trillion, marking the first instance of such a valuation since August. This achievement came on the heels of its shares rising 2% to $193.42 each on a recent Tuesday. A Journey of Valuation Milestones …

Apple Surpasses $3 Trillion Market Cap Amidst Persistent Growth Read More »

Uber’s Milestone Achievement: Joining the S&P 500 Index Uber Technologies Inc. (UBER) has marked a significant milestone in its corporate journey. The company’s shares soared to a more than two-year high following the announcement by S&P Dow Jones Indices that Uber will be included in the prestigious S&P 500 Index starting December 18, 2023. This …

Uber’s Ascension to the S&P 500: A Catalyst for Market Optimism Read More »

Eli Lilly’s Market Triumph Amidst Pharma Challenges According to a report by The Wall Street Journal, Eli Lilly has emerged as a formidable contender in the healthcare sector, achieving a significant milestone by surpassing a market capitalization of $500 billion. This remarkable achievement positions Eli Lilly as the first major pharmaceutical company to reach this …

Eli Lilly’s Road to $500 Billion: Targeting the Trillion-Dollar Milestone in Pharma Industry Read More »