IHS Markit To Be Acquired By S&P Global In A Mega Deal Worth $44 Billion

The largest corporate acquisition of 2020 was marked by the announcement of the acquisition of IHS Markit by the data giant S&P Global in a deal with $44 billion. The completion of the deal will also create one of the leading companies in the financial information market which is growing fast. The negotiations for the…

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Amazon And Apple Not Part Of French Initiative Of Setting Global Principles For ‘Big Tech’

The French government is taking an effort to get tech companies to get on board for publicly committing to principles which include paying their fair share of taxes. However, according to reports quoting government sources, United States based tech giants Amazon and Apple have not yet signed up to the pledge. Over the last three…

Britain bans Huawei 5G kit from telecom market citing unacceptable security risks

In a development that cements Huawei’s exit from Britain’ future telecom market, the British government has notified telecommunications companies operating in the country that after September 2021, they should not install any new Huawei 5G kit. The development is part of a broader push to purge Huawei’s equipment from Britain’s high speed mobile networks. Falling…

More Data On AstraZeneca’s Covid Vaccine Trials Needed, Say Oxford And WHO Scientists

In order to determine the safety and efficacy of AstraZeneca’s coronavirus vaccine, there is need for more data from the vaccine trials, said scientists from the University of Oxford and the World Health Organization, after concerns were raised about the vaccine by experts from the United States earlier. “There’s always a problem in announcing scientific…

AstraZeneca’s COVID-19 vaccine candidate works: British government’s Chief Scientific Adviser

In a statement, Patrick Vallance, the Chief Scientific Adviser to the British government stated in response to doubts that thave been raised regarding AstraZeneca’s COVID-19 vaccine candidate, the main point about AstraZeneca’s vaccine against COVID-19 was that it worked. “The headline result is the vaccine works and that’s very exciting,” said Vallance during a news…

ByteDance weaponizes legal system through endless negotiations, revised filings

According to a court filing, the Trump administration has granted TikTok’s owner ByteDance a new seven-day extension to an existing order directing the Chinese company to sell its TikTok short video-sharing app. Earlier the the Trump administration had granted ByteDance a 15-day extension which was set to expire on Friday. On August 14, U.S. President…

Amazon.com’s trade union Verdi’s 3 day strike does not cover Cyber Monday

In a significant development, trade union Verdi has called on workers at seven German Amazon warehouses to go on a three-day strike which coincides with the discount shopping event “Black Friday” on November 27. The strike is scheduled to begin with Wednesday’s night shift, said Verdi, which is demanding better working conditions and pay. Since…

France issues digital service tax notices to big tech

In a statement, France’s Finance Ministry said, it has sent out notices to big tech companies to pay digital service tax as planned earlier. Earlier France had suspended collection of the digital service tax, since negotiations were underway at the Organisation for Economic Cooperation and Development (OECD) on an overhaul of international tax rules. The…