The French government is all set to impose a revolutionary “eco tax” on all each and every flight that leaves any of the airports in the country, the government has said. The French Transport Minister Elisabeth Borne said that starting 2020, €180m ($202m; £162m) is expected to be generated annually from the tax. The government…
IBM has proposed changes to Section 230 of the Communications Decency Act (CDA 230). If its proposals are incorporated into law, they will materially impact social media companies including Facebook, Facebook’s WhatsApp and Instagram as well as Alphabet Inc’s YouTube, to name a few. In a significant development, International Business Machines (IBM) Corp has proposed…
Huawei and ZTE are striving to increase transparency regarding their products in order to mitigate allegations of espionage. It is not clear whether these lab tests will cover re-routing of data through servers located in China, thus compromising unencrypted data. In a significant development, embattled Chinese telecom vendor ZTE opened a cybersecurity lab in Brussels,…
According to the U.S. Commerce Department, general merchandise with no “national security influences or consequences” can be sold to Huawei, which continues to remain in the Entity List. In a significant development, the U.S. Commerce Secretary Wilbur Ross stated, the U.S. government will issue licenses to companies seeking to sell goods to China’s Huawei where…
The recent and the second worst Ebola outbreak is a “global wake-up call” for the world community about the increasing risks of outbreaks of diseases from conflict hit areas that are neglected by global power, warned the head of the World Health Organization. Dr Tedros Adhanom Ghebreyesus said that money is only put in by…
A recent study into the CVs of the employees of the Chinese tech giant Huawei has apparently shown that there are deep ties between the company and the military and intelligence agencies of China – an extent to which had not been earlier accepted by the Chinese company. The findings of the study showed that…
Sharp had acquired Dynabook, which makes laptop computers, from Toshiba Corp in 2018. On Tuesday, Dynabook, a unit of Japan’s Sharp Corp which makes laptop computers, stated it aims to go public in fiscal year 2021. In 2018, Sharp had completed the acquisition of the personal computer unit from Toshiba Corp.
This is likely to pave the way for traditional investors to hold more digital asset securities. In a significant development, midst enquiries requesting clarity on holding digital assets with regard to federal securities law, the U.S. Securities and Exchange Commission (SEC) has issued a notice on broker-dealer custody of digital asset securities. As per the…
An order for Boeing’s 737 Max aircraft was recently cancelled by the low-cost Saudi Arabian airline Flyadeal. This decision by the airline compounds the problems for Boeing which is already reeling under the pressure of all of its 737 Max planes being grounded across the world following two consecutive deadly crashes involving the aircrafts. The…
Microsoft co-founder and billionaire Bill Gates offered a very interesting account of what he believes Apple Inc. founder Steve Jobs did to keep the company together during tough times. Gates said that in order to uphold the morale of Apple employees at high level and to spur them to work for long hours, Steve Jobs…
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