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Apple On Verge Of $2 Trillion Milestone, Defying Pandemic

August 12 2020 | TW News Correspondent

Apple is on the verge of becoming the first $2 trillion American company following a gravity-defying surge that has highlighted the value of its iPhone ecosystem during the global pandemic.

Shares in Apple have roughly doubled from March lows, an astonishing performance which has lifted chief execut...

Slow Internet Nationwide As 2nd Submarine Cable Damaged By Excavator

August 10 2020 | TW News Correspondent

Internet services across the country have been disrupted after the 2nd submarine cable was damaged in Patuakhali while "moving sand".

The incident happened this noon when locals were moving sand using excavator and dama...

What Is Tencent?

August 08 2020 | TW News Correspondent

Based in Shenzhen and founded in 1998, the Chinese company Tencent enjoys huge popularity - and profits - in China.

Its cute penguin symbol is as familiar to Ch...

Samsung Unveils Galaxy Z Fold 2 And Note 20 Smartphones

August 06 2020 | TW News Correspondent

Samsung has tackled one of the biggest criticisms of its original folding-screen smartphone by giving the new version a much bigger external display for use when it is closed.

The original Galaxy Fold's "cover screen" was a relatively small 4.6...

Google-Fitbit Takeover: EU Launches Full-Scale Probe

August 05 2020 | TW News Correspondent

The European Commission will carry out a full-scale probe into Google's takeover of Fitbit.

The announcement follows a preliminary review, and threatens to derail the purchase of the fitness-tracking firm.

It comes despite Google's offer last month to not use Fitbit's health data for ad targeting.

Google's parent c...

TikTok Launches $200 Mn 'Creator Fund'

July 30 2020 | TW News Correspondent

TikTok unveiled plans for a $200 million "creator fund" to add content from emerging social media personalities to the fast-growing video-sharing app.

The new US fund will "help support ambitious creators who are seeking opportunities to foster a livelihood through their innovative content," said Vanessa Pappas, general manager of TikTok US.


Coronavirus: Kodak Pivots Itself To Become Strategic Drug Maker

July 29 2020 | TW News Correspondent

Better known for making cameras, Kodak has moved into drug making and has just secured a $765m (£592m) loan from the US government.

The fallen giant of the photography industry will make ingredients used in generic drugs to help fight the coronavirus.

Announcing the loan, the US government said it wanted to reduce...

Big Tech And Antitrust: Where Things Stand

July 28 2020 | TW News Correspondent

The four major tech firms whose chief executives are testifying at a congressional antitrust hearing face a variety of complaints about their dominance in the US and elsewhere.

Investigations are being led by antitrust enforcers at the Justice Department, Federal Trade Commission and by authorities in US states.

Here is a summary of the main issues:


Twitter Says Hackers Saw Messages From 36 Accounts, Including Netherlands Official

July 27 2020 | TW News Correspondent

Twitter said on Wednesday that the hackers who breached its systems last week likely read the direct messages of 36 accounts, including one belonging to an elected official in the Netherlands.

In tweets from its support account and an updated blog post, Twitter said it had no indication that the private messages...