A recent report in the UK conducted by Women in Sport claims to have found that incidents of discrimination because of their sex were faced by 40% of women in the sports industry. However, 72% of the males in the industry said that they found no inequality, found the report. The study was based on a…
The prediction of analysts at GBH Insights for Netflix’s share price is $500. This online streaming giant, is taking on all comers in its race toward the top spot in the entertainment industry’s Big Boys Club Bumping up from 400 U.S. dollars previously, surpassing the 490 U.S. dollars that analysts at Goldman Sachs assigned last…
Telenor has said it is contemplating an appeal in the case. Incidentally, in 2016, Norway’s Competition Authority had considered imposing a fine of 906 million Norwegian crowns, but later dropped parts of the case. On Thursday, Norway’s Competition Authority stated it had imposed a fine of $96.3 million (788 million crowns) on Telenor, the country’s…
The move is part of a larger, strategic bipartisan efforts by U.S. lawmakers to rein in collaboration between U.S. tech companies and their Chinese peers, especially in the field of artificial intelligence and machine learning which have application in the military. In a bipartisan move, Republican and Democratic lawmakers have asked Alphabet Inc’s Google on…
Xiaomi’s Hong Kong IPO is slated to be one of the biggest tech IPO globally in recent years. According to sources familiar with the matter at hand, Xiaomi plans on raising $6.1 billion from its planned Hong Kong IPO scheduled for launch this week. Xiaomi’s Hong Kong IPO is slated to be one of the…
Hackers stole $31.5 million from Bithumb, the 6th busiest cryptocurrency exchange in the world. According to a notice put up by Bithumb on its website on Wednesday, it has stopped all of its trading activities after it ascertained that “some cryptocurrencies worth about [$31.5 million] 35 billion won has been seized between late yesterday and…
Chang’e-4, which is relay satellite and one that is being touted to be the first ever probe to land safely on the far side of the Moon, would help in the establishment of a communication link between the far side of the Moon and the Earth. It will join a satellite already positioned strategically near…
According to a latest report, Brexit trade barriers would reduce UK household income by up to £1,000 a year, reported the BBC. The cost to the UK economy could total £27bn because of the most negative scenario of high Import Tariffs And High Regulatory Barriers, Says Global Consultancy Firm Oliver Wyman. Supply chain disruption could…
According to CB Insights, Mercari is one of Japan’s two unicorns. On its market debut its market cap touched $7.4 billion. The other unicorn is Preferred Networks Inc, an IT startup. On Tuesday, the share prices of Mercari Inc, a flea market app operator, jumped by 100% in their stock market debut in Tokyo and…
For Google, the investment will benefit in terms of improved analytics and market reach in China, one of Asia’s fastest growing economies. In an effort aimed at expanding its presence in one of Asia’s fastest growing economy, Google is set to invest $550 million in China’s e-commerce firm JD.com. The strategic move is also aimed…
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