Rise in global pollution resulting increase in the amount of anthropogenic greenhouse gases in the atmosphere in the last 30 years has made that period that warmest for Earth in over 2000 years of history of the Earth according to a joint study by the a group of Chinese and American scientists. The research of…
Facebook, which in recent years has been embroiled in a number of controversies related to data breach, security of private information of users and its platform being used for propagating fake news, has announced that it would be launching a new artificial intelligence tool that would enable the largest social media platform in the world…
UBS, the largest bank of Switzerland announced that it is apportioning an additional amount of nearly $400 million to its already announced legal provisions on Friday. The bank had been slapped with a huge fine last month of 4.5 billion euro ($5.09 billion). UBS has already appealed against the court decision in a higher court…
Days after the fatal crash of Boeing 737 Max jet in Ethiopia and after many governments and airlines across the world grounded or banned the jet, the US administration has grounded Boeing’s 737 Max fleet on Wednesday. Following this, Boeing itself announced pulling down of its entire 737 fleet globally., Two fatal crashes involving the…
Saudi Aramco is trying to find new buyers for its crude oil in China because of increasing competition from Russian and US producers. In this effort the Saudi state owned oil major is also strategizing towards a process of partnering with independent refiners and newcomers into the industry. According to reports quoting industry sources, Saudi…
Apple’s unfair business practices had led Spotify to lodge a complaint with the EU’s antitrust regulators. In a potentially significant development, Spotify has filed a complaint with the European Commission against Apple saying Cupertino unfair business practices limits rivals to its own Apple Music streaming service. According to Spotify’s complaint, “Apple’s control of its App…
Facebook’s 150 personal information sharing contracts with tech companies is now under a grand jury scrutiny. Question is can you ever trust Facebook? As per a report by the New York Times, U.S. federal prosecutors are conducting a criminal probe into data deals that Facebook Inc entered into with some of the world’s largest tech…
The tablet will be made by a Chinese supplier and will run on Android. On Thursday, as per a report from Bloomberg, Walmart Inc plans on introducing a low-priced, kid-friendly electronic tablet under its ONN store brand. As per pictures filed with the U.S. Federal Communications Commission, the tablet will be made by a Chinese…
Sweden aims to tighten telecom component suppliers and operators who don’t meet sufficiently high security standards. Anders Ygeman, Sweden’s minister for digital development stated, Stockholm wants to tighten regulatory requirement for telecom suppliers and operators. Sweden’s concerns comes in the midst of heightened concerns revolving around network security. “We want to be able to exclude…
Despite keeping the matter under radio silence, banks are steadily pushing against cash. Why would banks seek to destroy the very stuff they live off? Banking institutions, it turns out, have found new forms of money which yield far more profit, create less hassle, and secure their central positions within economies. With the appearance of…
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