About Author : Pankaj Singh

Pankaj Singh

With a commendable experience of content creation under his belt, Pankaj Singh, a qualified Post Graduate in Management, boasts of having worked as a freelance writer and an insurance underwriter. Additionally, Pankaj has also enriched his qualification portfolio with a course in Digital Marketing. He currently pens down valuable insights on articles pertaining to business, technology, and trade and finance for Business NewsUpdate and other news portals.

Contribution by Pankaj Singh

Amazon shares marketplace data with rivals to avoid hefty fines by EU

To persuade the European Union (EU) antitrust regulators to shut down their investigation without levying a fine by the year-end, Amazon Inc. has reportedly pledged to share its marketplace data with sellers as well as increase the visibility of riva...

Streaming giant Spotify eyeing USD 100 billion in the next 10 years

Spotify is reportedly planning to generate around USD 100 billion in revenue along with vast profits in the next decade, which will be facilitated through its costly developments into audiobooks and podcasts. Sources claimed that for the music str...

GM’s Cruise plans to launch driverless taxi services in San Francisco

General Motors (GM) Company and Cruise LLC, the autonomous vehicle unit, are reportedly planning to launch a commercial self-driving taxi service in San Francisco. The development comes after the California Public Utilities Commission (CPUC) granted ...

Apple blocked nearly 1.6 million suspicious apps in the previous year

Apple Inc. announced that its App Store App Review team has blocked more than 343,000 iOS apps for privacy concerns, whereas another 157,000 were banned for deliberately misleading or spamming. Over 34,500 apps were also prevented from being indexed ...

Coinbase announces extension of hiring freeze; revokes some offers

Coinbase has reportedly announced that it will continue its pause on hiring new personnel and rescind some accepted offers from candidates who are yet to join. Two weeks ago, Coinbase, the third-largest crypto exchange platform, slowed down its hi...

CCI to investigate deals between e-commerce giants & online vendors

Amazon and Flipkart, two of India’s largest e-commerce companies, have once again come under the investigation of the Competition Commission of India (CCI). The Indian competition watchdog has initiated a probe over documents that sug...

Toyota to become the largest automaker for the third consecutive year

Japan’s Toyota Motor Co. has reportedly sold more than 1 million vehicles in comparison to Germany’s Volkswagen AG and is all set to bear the crown of the world’s largest automaker for the third straight year. While both the comp...

Amazon to launch new robotics software development center in India

The new center will be in Bengaluru and will support the Amazon International Robotics division. Amazon introduced its first consumer robot called Astro back in 2021. E-commerce behemoth Amazon is reportedly planning to launch a new consum...

Samsung might cut smartphone production by 30 million units in 2022

South Korean behemoth Samsung Electronics Co. Ltd. is reportedly looking to reduce its smartphone production by 30 million units in 2022. The apparent cut is expected to impact both medium-budget and premium-budget segments in smartphones on account ...