IPhone manufacturer Foxconn plans to focus on automobiles

IPhone manufacturer Foxconn plans to focus on automobiles,As relations between the United States and China deteriorate

As it navigates a new era of icy relations between Washington and Beijing, iphone manufacturer Foxconn is betting heavily on electric cars and redrawing some of its supply chains. The Taiwanese company’s potential future was discussed by chairman and boss Young Liu in an exclusive interview with the BBC. He stated that Foxconn’s expansion in…

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Microsoft-Activision: US judge temporarily blocks $69bn deal

Microsoft-Activision: A US judge blocks the $69 billion deal for now.

US regulators asked a judge to temporarily stop Microsoft from buying Activision Blizzard for $69 billion (£56 billion). “It is necessary to maintain the status quo while the complaint is pending,” the court states of the temporary restraining order. The deal may “substantially lessen competition” in the sector, according to the Federal Trade Commission (FTC)…

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