Starting from April, Amazon.com Inc is set to raise fees by 3% for Spanish companies that use its platform. The development comes in the wake of the Spanish government imposing a digital tax on large tech companies. Confirming the so-called Google tax, a spokesman for Amazon said, after Spain begun charging a digital tax on…
U.S. President Donald Trump has signed an executive order directing U.S agencies to assess security risks linked to Chinese-made drones used by American government fleets, prioritizing their removal. The executive order directs all U.S. agencies to outline the security risks posed to the existing government drone fleet from drones built by Chinese companies or by…
With users migrating to other messaging platforms following privacy concerns stemming from Facebook Inc’s WhatsApp update, Facebook said, it will delay the update. WhatsApp users are concerned that the Facebook owned messaging app is watering down its privacy policy in the update. Earlier this month, WhatsApp notified users through a notification that it was preparing…
A class-action lawsuit has been filed accusing Amazon.com Inc of inflating ebook prices in collusion with some publishers. The class action lawsuit alleges that the e-commerce giant along with the five largest U.S. publishers, collectively called the ‘Big Five’, agreed to price restraints that cause consumers to overpay for eBooks purchased from them through a…
According to a statement from the U.S. Department of Justice, a senior NASA scientist has pleaded guilty to lying about his ties to a program that encourages researchers to develop relationships with China in exchange for grants. Meyya Meyyappan, 66, of Pacifica, California, entered his plea before U.S. District Judge Kevin Castel in Manhattan. According…
According to a document from the European Commission, antitrust regulators from the European Union have sought information from advertisers regarding Google’s advertising technology practices. During the last three years, Google, owned by Alphabet Inc, has been fined a total of $10 billion (8.25 billion euros) for blocking rivals in online shopping, online advertising and Android…
In a statement on Thursday, Britain’s IG said, it plans to acquire tastytrade, a U.S. trading platform, for $1 billion. The development will see IG venturing into North America following a stellar year for the new breed of retail investment brokerages. The Coronavirus induced COVID-19 pandemic which brought lockdown in most countries increased market volatility…
A sustained growth in demand for its cleaning products driven by the novel coronavirus pandemic prompted Procter & Gamble Co to raise for the second time its sale forecast for the full year even though the company warned that the roll out of vaccine across the world could slow down the speed of the sales…
On Thursday, COVID-19 researchers from Britain’s Oxford University said, rapid lateral flow tests will most likely identify the most infectious COVID-19 cases with higher viral loads; this is despite concerns over the overall sensitivity of the tests, Along with the roll-out of COVID-19 vaccines, the government has introduced widespread testing, including lateral flow tests, as…
According to a statement from German Finance Minister Olaf Scholz, Germany will provide an annual tax relief of around 2.3 billion euros as part of part of a new measure to support purchases of digital assets, including computer software hardware. German state government and the federal government agreed on Tuesday, that digital assets could be…
Mercedes-Benz has unveiled a new electric compact SUV, the EQA, as part of its plan to take on Tesla Inc; the move also sees the carmaker increase its lineup of emission-free vehicles as it races to meet targets in Europe and China. The EQA is the first of several electric models the company plans on…
Facebook-owned messaging giant WhatsApp has been asked by the Indian government to withdraw its planned alteration of its privacy policy that has faced widespread backlash, claimed multiple reports in India. According to the reports, India’s technology ministry the Ministry of Electronics and Information Technology asked the WhatsApp chief Will Cathcart to withdraw the proposed change…
In a statement on Tuesday, India’s Ministry of Technology said, it has told Facebook Inc-owned WhatsApp to withdraw the recent changes in its privacy policy since it they take away choice from Indian users. “The proposed changes raise grave concerns regarding the implications for the choice and autonomy of Indian citizens,” said Ministry of Technology…
A great deal of confusion and backlash from users of WhatsApp over fears that the messaging app could share a wide range of user data with its parent company Facebook forced the messaging app to delay an announced privacy policy update about sharing of user data. “We’ve heard from so many people how much confusion…
On Monday, U,S. registered mobile games developer Huuuge Inc stated, it expects to raise up to $150 million from issueing new share issue as part of its planned initial public offering (IPO) in Warsaw. The development comes in the wake of consumers surging for online entertainment in the wake of coronavirus-induced COVID-19 lockdown measures. Polish…
