The bid for British food delivery service Just Eat by the Takeaway.com presents “significant risks” for shareholders, alleged technology company Prosus, which is a rival suitor for Just Eat, on Wednesday. These comments made by Prosus’s against Takeaway were made after a period of two crucial week during which the share price of Takeaway has…
Despite the global grounding of Boeing’s 737 Max planes, the United States plane maker bagged big orders for the planes as various airlines announced plans to order up to 50 of the jets worth $6bn at the Dubai airshow. A letter of intent to order 30 Boeing 737 Max 8 planes for its FlyArystan subsidiary…
During a testimony to the U.S. Senate, the FBI said it wished it had taken swifter action with regard to Chinese recruitment of U.S.-based researchers to transfer intellectual property from American laboratories. The admission by John Brown, assistant director of the Counterintelligence Division at the FBI, backed up a Senate subcommittee report which concluded that…
In a statement tech giant Microsoft Corp said, its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million in July 2019. Microsoft offers Teams as part of some Office365 business packages; it also offers a free version. Teams allows users to chat, share files, make calls and hold…
On Wednesday, Vodafone stated it has secured a seven-year technology partnership with Ryanair to handle services including online booking, in-flight transactions, and passenger boarding for the low cost Irish airline in Europe. In a statement both companies stated they had extended an existing partnership for Vodafone Business to support 300 Ryanair sites and around 153…
In a statement, Chinese electric vehicle startup Byton said, it has received a distributor license from California which paves the way for the launch of its first electric SUV vehicle, Byton M-Byte, in the United States. Byton aims to launch its first electric SUV in China in 2020; it plans on launching its electric vehicles…
Four Democratic leaders who sit in the U.S. House of Representatives Energy and Commerce Committee have written to Alphabet Inc demanding that they be briefed on Google Inc’s and Ascension Health’s deal by December 6. They are particular interested on how patient data that is stored on the cloud by the hospital chain will be…
In an effort aimed at consolidating its position in the music streaming service, Amazon.com Inc stated it has introduced an ad-supported free version of its music streaming service called Amazon Music. Incidentally, Spotify Technology, Amazon Music’s rival, has nearly 140 million users for its free version. For its paid version, Amazon Music’s plans start at…
On Tuesday, Haruhiko Kuroda, the governor of the Bank of Japan stated, the central bank has currently no plans to issue digital currencies; it is however conducting research on the subject in case the need to do so arises in the future. He went on to add, stable coins should not be issued unless there…
An official memo and a video message from the head of the United States Federal Aviation Administration to his team sent on November 14 said that the safety certification team should “take whatever time is needed” for reviewing the flight safety status of Boeing Co’s 737 MAX, claimed a report published by Reuters on the…
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