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BUSINESS

Verizon selling Yahoo and AOL to Apollo in £3.6 billion deal

Digital Desk -
AOL and Yahoo are being sold again, this time to a private equity firm. Verizon will sell Verizon Media, which consists of the pioneering tech...
BUSINESS

Tesla posts strong profit on back of electric vehicle sales

Digital Desk -
Tesla on Monday posted its seventh-straight profitable quarter after strong sales of its electric cars and SUVs. The company made $438 million (€362 million) in...
MARKETS

WeWork tries to go public again, this time through special-purpose acquisition

Digital Desk -
WeWork is to go public in a merger with a special-purpose acquisition company, according to reports, nearly two years after its attempted initial public...
DON'T MISS

Semiconductors: The shortage you haven’t heard about

Digital Desk -
Microchips and semiconductors are major components in many essential devices we use daily. They’re found in mobile phones, washing machines, digital cameras, electric cars...
WORLD NEWS

Volkswagen reports huge pre-tax profit despite Covid-19 disruption

Digital Desk -
German car maker Volkswagen has said it made a better than expected post-tax profit of €8.8 billion in 2020 despite the disruption from the...
BUSINESS

Google fined over ‘misleading’ French hotel rankings

Digital Desk -
Google has agreed to pay a fine of 1.1 million euros (£959,400) after French authorities concluded the search engine displayed “misleading” rankings for French...
ECONOMY

EU hopeful for firm economic growth despite virus challenges

Digital Desk -
Senior European Commission officials have expressed cautious optimism that European economies will rebound later this year and in 2022. The forecast comes despite deep uncertainty...
BUSINESS

Tesla to start accepting Bitcoin as payment soon

Digital Desk -
Tesla has acquired around 1.5 billion dollars (£1.09 billion) in Bitcoin under an investment policy at the electric car maker headed by Elon Musk. It...
BUSINESS

Microsoft posts $15.5bn second-quarter profit

Digital Desk -
Microsoft has beaten Wall Street expectations for the last three months of 2020 despite the pandemic raging through the US. The figures were powered by...
BUSINESS

European car sales plunge as pandemic provokes crisis

Digital Desk -
European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry. New car...
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