Elon Musk And Bill Gates Are Both Second Richest Man In The World

According to the Bloomberg Billionaires index, which tracks the 500 wealthiest people in the world, the net worth of Tesla CEO reached $127.9 billion on Monday, with the shares of the electric vehicle maker reaching a record high. This sudden increase in Musk’s net worth made him the second-richest person of the world, beating Bill…

Best Quarterly Revenue Growth In 25 Years Reported By Best Buy For Q3

The United States based electronics retailer Best Buy notched up its largest quarterly sales growth in 25 years in the three months ending on October 31 as the company benefitted significantly from the rising trend of consumers purchasing laptops, home theatre systems, kitchen appliances and other electronics products with such consumers being forced to spend…

Britain’s Telecommunications (Security) Bill bans Huawei Technologies Co Ltd

In a significant development, the British government is set to pass a bill which will see British telecoms companies facing a fine of up to 10% of their turnover or $133,140 (100,000 pounds) a day fine, if they contravene a ban on using equipment made by China’s Huawei Technologies Co Ltd. The Telecommunications (Security) Bill…

Nissan will commence selling redesigned Note compact in Japan from December 2020

On Tuesday, Nissan Motor Co Ltd stated, starting from next month, it will sell a redesigned version of its best-selling Note compact car in Japan, which will feature new hybrid drive technology. The move is aimed at winning market share from Honda Motor Co Ltd and Toyota Motor Corp. The Note’s first full model change…

White House Vaccine Chief Says First American Could Get Vaccinated On December 11

The first person to receive the Covid-19 vaccine in the United States could get it as soon as December 11, according to the White House.  An application to the US Food and Drug Administration for emergency use authorisation for its Covid-19 vaccine candidate was submitted by the US pharmaceutical giant Pfizer and its German partner…

Governments And Tech Giants Join Hands Against Covid-19 Misinformation

Misinformation and conspiracy theories around Covid-19 vaccinations will not attempted to ne dispelled by tech companies including Facebook, Twitter and Google together with governments including the United Kingdom and Canada. Standards for tackling misinformation across the various digital platforms and how organizations accountable for their failure to do so can be held responsible is being…

Facebook, Twitter to hand over U.S. institutional handles on January 20, 2020

In a statement, social media giants, Facebook Inc and Twitter Inc said, they will transfer control of the @POTUS account to the Joe Biden administration on January 20, 2020. On both social media platforms, the @POTUS account is the official account of the President of the United States and is separate from the @realDonaldTrump Twitter…