Additional time is being sought by semiconductor companies to appeal against the last minute movers by the last-minute Trump administration of the United States to block sales to Chinese telecoms company Huawei. According to reports quoting sources, the companies are hopeful of a reversal of policy even though analysts see it unlikely that the new…
Even though the Covid-19 vaccine development by AstraZeneca may not be the perfect one but it will have a big impact on the pandemic, predicted the company’s chief executiveas the company assured of taking up measures to double supplies of its vaccine to more than 200 million a month by the month of April. The…
After reporting a record loss for the year 2020 with very few deliveries, the United States based aircraft maker Bowing started off the current year in a positive tome with it delivering 26 aircraft in January. This was driven by the clearance given to its 737 MAX jet to fly again by regulators in the…
The growth of the number of users during the pandemic will slowing down in the upcoming quarters, warned the social media company Twitter Inc as the company reported a 27 per cent growth in the number of users which missed estimates of Wall Street. The estimates of the market for its quarterly sales and profit…
Rolls Royce is planning a closure of its jet engine making factories for civil aircraft for a period of two weeks in order to reduce losses. With lesser number of jets in the air because of the Cvoid-19 pandemic also meant less service and consequently a drop in sale revenues for the engineering giant. According…
A global shortage crucial semiconductors has forced car makers Renault and Stellantis to announce suspension of car production at a number of their factories, the two companies have announced. There has been a shortage of chips used in engine management and driver-assistance systems of cars which has severely hit production of car makers all across…
Only limited protection against mild disease caused by the South African variant of the novel coronavirus was exhibited by the Cvoid-19 vaccine developed by AstraZeneca and the University of Oxford, said a spokesman for the British drug maker. This statement from the firm was issued following a report published in the Financial Times where it…
Nvidia’s $40 billion acquisition of Arm Holdings has been objected by Microsoft-backed Graphcore, according ot reports quoting a crucial member of the British chipmaker’s early development. Graphcore has opposed the deal in a “major submission” to the U.K.’s Competition and Markets Authority, said Hermann Hauser, who had helped to create Arm in 1990, in a…
After having gained about 200 million subscribers, and cementing its position as the leader in the streaming video industry, Netflix is now making a big push to grow further in its fastest-growing region – Asia. In 2020, 9.3 million paid subscribers were added in Asia Pacific which was 65 per cent more than in the…
An advert of a businessman designed to encourage black and Asian people to get the Covid-19 vaccine was rejected by Facebook for which the social media company has apologised. The aim of placing the advert by Wilfred Emmanuel-Jones was raising awareness about the importance of being vaccinated and the content contained a picture of him…
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