Since it believes that the Israeli settlements in the occupied West Bank were at the “core of the dispute between Israelis and Palestinians”, therefore the US based online home and hotel rental firm Airbnb said it would remove from the region from its listings. While the decision and the announcement has been welcomed by Palestinians,…
Google is beefing up its presence in Denmark. This development marks the second purchase of a plot by Google in as many years. On Tuesday, the Danish unit of Alphabet Inc’s Google announced, it plans on investing $690 million (4.5 billion Danish crowns) to build a new data center in Fredericia, Denmark. The announcement comes…
The warehouse, first of many, will house a hive a robots that can pull together a 50-item grocery order in as little as 5 minutes, thus saving labor time. In a strategic development, Kroger Co has selected Cincinnati for the first of its twenty high-tech warehouses it plans on building with its UK-based Ocado Group…
Apple has once again slashed production plans for its brand new iPhone XS, XS Max and the XR models. The holiday shopping season in the U.S. is crucial to boosting third quarter sales. As per a report from the Wall Street Journal, Apple Inc has cut production for all three iPhone models that were launched…
A new report published in the New York Times has put Facebook in a new controversy allegedly over its usage of tactics for discrediting its critics, embarrassing rival companies and to soften issues at the firm. The methods that are used by the largest social media platform and a public relations company for denying and…
An ambitious expansion plan worth multi-billion euros would form the basis of German car maker Volkswagen to transform itself into the most profitable electric car manufacturer of the world, said Chief Executive of the car maker Herbert Diess. According to the executive, VW will explore possible areas of cooperation with US car maker Ford apart…
In a strategy that is becoming more obvious, Viacom apparently is not targeting to complete with its tech rivals engaged in streaming videos and other content to consumers, but instead develop and provide content software for them. This became evident after Viacom announced that it has entered into a multi-picture deal with Netflix and pledged…
According to a report published by global news agency Reuters citing sources, ABB wants to sell all or part of its power grids business and the Swiss company is in negotiations with two Asian companies for the same – Hitachi Ltd and Mitsubishi Electric Corp. Following the publication of the report, there was an increase…
A fine of £13m has been imposed by Ofcom on two UK companies Virgin Media and EE for allegedly charging more than required from those customers who made early cancellations of their phone and broadband contracts. Soon after the announcement of the fine by the telecom regulator, Virgin Media called the fine to be “unreasonable,…
“Mission: Impossible – Fallout” has propelled Viacom Inc, the owner and operator of channels like MTV, Comedy Central and Nickelodeon, to profits that beat the market estimates and e3xpectations of eh Wall Street in terms of its profit and revenue, announced the company on Friday. There was an uptick of 4 per cent in the…
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