CWEB Business News

HUYA Earnings
    HUYA Inc. (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial...
Tencent Earnings. Should you Buy?
  Tencent Music Entertainment Group (“Tencent Music,” “TME,” or the “Company”) (NYSE:...
Skybridge Capital to Launch a Bitcoin ETF: Founder Scaramucci Files S-1 with SEC
  On Friday, Skybridge Capital filed an S-1 registration prospectus with the SEC. Founder Anthony Scaramucci’s firm is one...
Deliveroo to launch IPO at home: Amazon backed food delivery app to IPO in London
  Deliveroo the British food delivery app, which began its initial operations in London, is planning to debut in London and...
SINT Earnings. Should you Buy?
  SINTX Technologies, Inc. (NASDAQ: SINT) , an original equipment manufacturer (OEM) of silicon nitride ceramic for medical...
Billionaire CEO & Chairman Steps down from Apollo Global Management: Investigation Shows Financial Links between Jeffrey Epstein and Wall Street’s Leon Black
  Chief executive and chairman of Apollo Global Management Inc. has resigned with immediate effect from the company....
European scientists find reason why AstraZeneca vaccine forms rare blood clots
    European scientists have been studying the Astra Zeneca vaccine ever since a small number of those who were...
Short video creators are getting rich as they up to $1 million a day for popular videos
  In November 2020, Snapchat introduced Spotlight as an alternative to the rival short video TikTok. From the end of that...
Texas Roadhouse Founder and CEO Kent Taylor suffers severe post-COVID-19 symptoms: Commits suicide at 65
  Texas Roadhouse founder and CEO Kent Taylor has died, on Thursday. The 65-year old restaurant chain owner committed...
Uber to give drivers minimum wage, holiday pay and pensions: Says there is a ‘willingness to change’
  Uber, the global ride-hailing giant, has said that it would give its U.K. drivers a minimum wage as well as holiday pay...
Visa confirms antitrust probe by DOJ: Stocks fall
  On Friday, Visa confirmed that the company is being investigated by federal agencies. The Department of Justice has...
Twitter Tests ‘Undo Tweet’: Confirmed By Company but may appear with limits and paid subscription
        On Friday, Twitter confirmed to CNET that it is testing an “undo tweet” feature. In an earlier...
EU to foster start-ups in tech: Proposes new rules to reach U.S. and China successes
  On Friday, the European Union proposed a new framework of rules for startups. Member states will adopt these rules in a...
iPhone and iPad Shortcuts to Offer Support, Automation, Creativity and To Save Time
  Apple introduced Shortcuts support and the Shortcuts app with iOS13, delighting several Apple fans and users. With the...
Tesla Chinese Ban for Military Members and State-owned companies’ employees
  Reports say that China has recently banned its military officials as well as employees of state owned companies from...
Frustration over anti-Asian discrimination in America increases: Biden and Harris arrive in Atlanta
  On Friday President Joe Biden and Vice President Kamala Harris reached Atlanta, Georgia. They will be meeting state...
73 Democrats Sponsor Resolution to Expel GOP Marjorie Taylor Greene from Congress: Greene Calls It a War on Republican Women
  On Friday, California Democratic Rep. Jimmy Gomez will introduce a resolution to expel Majorie Taylor Greene from...
Rand Paul verbally fences with Dr. Fauci on mask use at Senate hearing
  On Thursday, Sen. Rand Paul R-K.Y. argued with Dr. Anthony Fauci, adviser to the president, at a Senate hearing. Paul, who...
Peloton urges customers to read safety warnings after child is killed after an incident on its Tread+ home treadmill
  CEO and co-founder of Peloton, John Foley reached out to customers of the Tread+. He said that he recently learnt about an...
NIKE Earnings. Should You Buy?
  NIKE, Inc. (NYSE:NKE) today reported fiscal 2021 financial results for its third quarter ended February 28, 2021. Third...
Alphabet CFO Ruth Porat Announces Google 2021 Plans: To spend $7 Billion and To Add 10,000+ jobs
  On Thursday, Google announced that it will expand its facilities across the U.S. and spend $7 billion this year. It will...
Statement by Doug McMillon President of Walmart who leads the Largest U.S. Company and speaks against Asian American violence
  Walmart President and CEO Doug McMillon says company has been working on diversity and inclusion “forever” and...
EU countries halt AstraZeneca rollout: Canada increases its use for seniors
  Canada has revised an earlier recommendation and has now expanded the roll out of the Oxford AstraZeneca vaccine in the...
OCGN Quarterly Earnings. Should you Buy?
  Ocugen, Inc. (“Ocugen”) (NASDAQ: OCGN), a biopharmaceutical company focused on discovering, developing, and...
Apple Wins First Privacy Protection Battle Against Lobbyists: France’s competition watchdog ‘finds no flagrant examples of discrimination’
  Apple has won its first battle in its bid to implement stricter privacy measures in iOS 14. The French competition...
Sundial Growers Earnings. Should you Buy?
  SNDL Earnings Preview. Completed financial restructuring and eliminated $227 million aggregate principal amount of debt...
Disney CEO Bob Chapek announces Disneyland Reopening Date: April 30
  As the vaccine drive continues at a good pace and many Californians are enthusiastically taking their vaccine shots, life...
Wealthy clients of Morgan Stanley Bank U.S. to get access to bitcoin funds
  Morgan Stanley has become the first bank in the nation to offer access to bitcoin funds. Wealthy clients who meet specific...
U.S. Intelligence indicates Russian President Putin authorized pro-Trump ‘influence campaign’
  Intelligence officials say that the President of Russia, Vladimir Putin most likely approved of efforts made to influence...
PDD Quarterly Earnings. Should you Buy?
Pinduoduo Inc. (NASDAQ: PDD), China’s largest agriculture and interactive commerce platform, today announced its unaudited...
Crowdstrike Earnings. Should You Buy?
  CrowdStrike Holdings, Inc., (Nasdaq: CRWD), a leader in cloud-delivered endpoint and cloud workload protection, today...
Developers whose annual sales fall below $1 million get fee cut in Google app store
    On Tuesday, Google made a major announcement that it will decrease Google Play app store fees to 15% from the...
KODK Quarterly Earnings
    Eastman Kodak Company (NYSE: KODK) today reported financial results for the full year 2020, including consolidated...
Georgia voting restrictions opposed by Coca-Cola and Home Depot
  Georgia State has pushed through legislation to restrict voting in the state. The legislation proposed in the Georgia...
California Governor Newsom Launches Campaign Against Recall
  California Governor Gavin Newsom finally responded to what he said was a partisan Republic recall. He asked his supporters...
NewAge Earnings
NewAge, Inc. (Nasdaq: NBEV), the Colorado-based healthy products company intending to become the world’s leading social...
FuelCell Earnings
FuelCell Energy, Inc. (Nasdaq: FCEL) — a global leader in fuel cell technology—with a purpose of utilizing its...
VUZIX Quarterly Earnings. Is it a Buy?
  Vuzix® Corporation (NASDAQ: VUZI), a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and...
Biden to Revoke Trump tax cuts and increase taxes including corporate and personal rates to fund $1.9 trillion stimulus package
  Four people familiar with the matter told Bloomberg that President Biden is planning to raise federal taxes. This will be...
CWEB Sports delivers premium sports news content for the most dedicated and engaged fans covering all of your favorite teams
  CWEB Sports is one of the fastest growing network of live blog and sport news events, entertainment and lifestyle sites on...
DM Earnings. Should you Buy?
  Desktop Metal, Inc. (NYSE: DM), a leader in mass production and turnkey additive manufacturing solutions, today announced...
Taylor Swift Wins Album of the Year Grammy for Folklore: Becomes First Woman to Win This Distinction Three Times
  After her impressive win of album of the year for “Folklore” at the Grammy’s on Sunday, this year, Taylor Swift...
Corbus Pharmaceuticals Quarterly Earnings. Is it a Buy?
Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP), a clinical-stage drug development company pioneering transformative...
First Ghost Kitchen Opened By Walmart: To Offer Affordable, Convenient Services for Customers
  Walmart is always looking for new opportunities and partnerships to offer more to its customers, whether it is through...