The further tightening of the travel restrictions on the global aviation sector because of the Covid-19 pandemic has forced the global airline industry body IATA to reassess its December forecasts and warn of a bleaker outlook for the industry for the current year. The body now expects global airline industry to burn cash till the…
According to Apple Inc’s chief executive Tim Cook, over the past six years the iPhone maker has acquired about 100 companies. Cook, while talking to shareholders at the company’s annual general meeting, said that on the average, Apple buys a company every three to four weeks. In the first-quarter of its fiscal year 2021, the…
Following a truce with the Australian government over a tussle related to the new content law being brought in the country, an investment of at least $1 billion in the news industry in the country over a period of the next three years would be made by the social media company Facebook. The largest social…
The streaming platform Spotify will now have the opportunity to reach out to an additional one billion customers as the company plans to expand its business and launch its services in 85 new markets. The company made the announcement during a live streaming event that featured Justin Bieber, Prince Harry and Meghan Markle. A new…
Despite global fashion brands touting their desire and intention to achieve higher green operations, the complex nature of their global supply chains often inhibits the desire of the brands to use environmentally friendly materials. However this issue can be tackled with the use of blockchain technology that underpins cryptocurrencies such as bitcoin, believes TextileGenesis. Blockchian…
The first codes that were developed by the National Security Agency of the United States to be used in the country’s hacking operations were used by Chinese spies, claimed Israeli researchers said on Monday. If this claim is true, it would show how malicious software developed by agencies working for governments of countries can ultimately…
The competition regulator of the United Kingdom has warned of a possible reduction in consumer choice and an increase in the fees charged form people for online advertising of goods because of a $9.2bn deal that will create the largest classified ads business of the world. A combination of websites that are used by people…
According to the European Union chief executive Ursula von der Leyen, the fight against climate change should be jointly worked out by Europe and the United States, while the efforts to limit the power of big tech firms should also be done by the two parties together by framing a mutually agreed new framework for…
After the social media giant Facebook blocked news on its platform in Australia, the United States based tech giant is back at the negotiating table, said the country’s Prime Minister Scott Morrison on Saturday. There was wide spread anger in Australia after Facebook decided to abruptly prevent its Australian users from sharing news on the…
New features on Google Maps will now allow its users to pay for parking or public transportation right from their phones thereby making travelling even more easy apart from letting users know which train to take or to map out an optimal driving route. Starting this week, Google is allowing its users to connect their…
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