New laws in Australia that force Amazon to the good and services tax on transactions has prompted the e-retailer to not allow its Australian consumers to its global sites. Australian consumers shopping on Amazon international sites will be redirected to the local Australian site from July 1 when the new GST regulations begin. There would…
The development marks a signs of thaw in what has been earlier a strained relationship. With Dara Khosrowshahi at its helm, Uber’s rough edges are getting more polish. In a development that marks the possibility of thaw in what was earlier a strained relationship, Uber’s CEO Dara Khosrowshahi stated, Uber Technologies Inc is in talks…
The development underscores the fact that the Chinese facial recognition company is gaining strategic bulk. SenseTime Group, a Chinese facial recognition technology company, disclosed that it raised $620 million in its latest funding round which saw its valuation touch $4.5 billion. The funding round was led by Fidelity International, Hopu Capital, Silver Lake and Tiger…
Google is ramping up its efforts to gain more strategic size in China, the world’s biggest smartphone market. On Thursday, in a strategic step aimed at increasing its footprint in China, Alphabet Inc’s Google Inc launched a file management tool in several Chinese app stores. The Chinese market, the biggest smartphone market in the world,…
There will be closure of almost 100 Carphone Warehouse stores this year as the retailer – under its new boss, Alex Baldock, has issued a profits warning and has promised to take measures so that the company is able to cope with and adapt to the changing trends in the mobile phone market. Driven by…
The likelihood that fairytale based gambling games could be appealing to children has made authorities ban such games on gambling website called Fairytale Legends and Fairies Forest. Three games – Fairytale Legends Red Riding Hood, Fairytale Legends Hansel and Gretel, and Fairies Forest were promoted in the m88.com website in January. Animated images of a…
Firms in Europe now have to abide by the local laws and employment standards if and when they decide to depute workers on to other European Union countries on a temporary basis. This law was recently passed by the EU. Workers who are sent to other EU countries would have the same rights and obligations…
Its first ever alcoholic drink was launched earlier in the week by Coca Cola in Japan. This drink is a fizzy, lemon-flavoured mixture which has spirits. The aim of this new launch is to take advantage of the increasing popularity of “chuhai” alcopops hat are believed to be especially most liked by young women. According…
The development is the first such investment by a U.S. automaker in the Central American country. As per a statement from the Honduran government, Green4U Technologies, a U.S. electric auto maker has signed a memorandum of understanding (MOU) with the Honduran government which stated that it will build an assembly plant in Honduras. This will…
Strong growth in the premium notebooks segment as well as a one-time tax benefit of $975 million can be attributed as the reasons for its surprise performance. On the back of strong demand for desktop and notebooks, HP Inc has reported a better-than-expected quarterly results. HP Inc also named Steve Fieler as its chief financial…
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