American farmers could become the first casualties of a tariff regimen if the Trump administration continues to impose such tariffs in a rash manner on Chinese goods, leaders of a forum for agriculture in the U.S. state of Iowa has warned late last week. “We’re in limbo. This is a very bad time for agriculture,”…
In its efforts to stop the proliferation of fake news on Facebook, the company will now ascertain the identity of people who own and run popular pages. The company will audit all “large” pages and any page that fails to clear the identification process would not be allowed to make further postings, said chief executive…
In the wake of corruption scandal revolving around the Samsung Group Hyundai Mobis has come under investor and government pressure; investors have also criticised the conglomerate of stripping Mobis of valuable assets and favoring the controlling Chung family at the expense of shareholders. As per two sources familiar with the matter at hand, Hyundai Mobis…
U.S. tech giant Google has claimed that compared to the amount of electricity that all of its global operations had consumed in 2017, the company’s total purchase of renewable energy for the same period was greater. It was a year ago that the company had announced that it had set policies that would allow it…
Even as Russia has bene attempting to discredit the U.K. in its investigations in the alleged Russian links into the poisoning of the former spy in southern England, the U.K. government said that all indications coming out of the investigations point towards Russia. “There is no doubt that we have found nerve agent, that nerve…
Equifax’s data breach is likely to be one of the most costly hacks in corporate history. The credit reporting firm is already facing a series of class action lawsuits and investigations by the U.S. Federal Trade Commission and various state attorneys general. A ruling by Suffolk County Superior Court Judge Kenneth Salinger in Boston, which…
Facebook’s CEO, Mark Zuckerberg statement that the data breach does not have “any meaningful impact” should be seen within the context of the scores of investigation this scandal has kicked off including by the U.S. Federal Trade Commission, investigations into the incident and its impact by 37 U.S. state attorneys general as well as by…
Founded by former Amazon employees Binny Bansal and Sachin Bansal in 2007, Flipkart controls almost 40% of India’s online retail market, as per Forrester, a research firm. Indian local news daily, Mint has reported citing sources familiar with the matter at hand, Amazon.com Inc is likely to place an offer to acquire its Indian peer…
Coincheck’s heist earlier this year saw Japan becoming the first country in the world to regulate the cryptocurrency industry. The potential acquisition of Coincheck by the Monex Group would bring it in the leagues of larger players such as Money Partners Group and the GMO Internet Inc.
While Mercari has gained traction in Japan and Britain, in the U.S. although it does not any direct competitor, it is to be seen how it will mitigate challenges from tech giants, including eBay Inc and Amazon.com who dominate the e-commerce market. Riding on the success of a recent funding round which boosted its market…
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