Social media giant Facebook smashed quarterly revenue estimates overnight and forecast similar growth to come despite multiple corporations boycotting the internet giant and the impact of the Covid-19 pandemic.
Amazon received approval from the US Federal Communications Commission to launch and operate a planned constellation of 3,236 internet satellites in which it has invested $10bn.
GlaxoSmithKline and Sanofi have inked an agreement with the US government to speed up development and manufacturing of their Covid-19 vaccine candidate at scale.
Hackers linked to the Chinese governmenT targeted US biotech company Moderna which is currently focusing on developing a Covid-19 vaccine, with the aim of stealing valuable data.
A group of investors in Highland Gold, including Russian billionaire Roman Abramovich, announced on Friday the sale of a roughly 40% stake in the company's share capital to Fortiana Holdings at a valuation of approximately $1. 1bn.
Amazon blew past forecasts for second quarter trading - not least its own - as the Covid-19 pandemic drove people around the world in streams onto its digital retail services platform.
Facebook Chief Financial Officer David Wehner said on Thursday that the Apple iOS 14 system could hurt the way the social media network targets ads to users.