Uber has managed to get an investment from technology billionaire Masayoshi Son’s firm SoftBank and the ride-hailing company is hoping that this would usher in a journey that would be less bumpy for it. This is not the first time that SoftBank has made significant investments in the ride hailing company. the latest round of…
Gazprom PJSC, the largest oil supplier of Europe has recently declared that that its ambitions to expand seem to be becoming achievable based o n the deliveries this year and this has prompted many to conclude that the near record highs of the export of natural gas to Europe would be kept up by Russia…
There are rising allegations in the UK about children being exposed to the risk of addiction of gambling as Facebook is being used to offer gambling type apps without any age checks by a company that is engaged in offering thousands of fixed-odds betting terminals (FOBTs). It was noted that over 60,000 children ran the…
Israeli pharmaceutical firm Teva is attempting to prevent a complete collapse and in that effort, will fire about 25 per cent of its workforce globally, which amounts to about 14,000 workers. During the next two years, about 1,700 workers are anticipated to be fired in in Israel alone. For Israel, this cut would be the…
There have bene allegations that the there is a shortage of adequate staffing in the cybersecurity sector which has left many companies exposed and vulnerable to cyber attacks by hackers. Now cyber security professionals say that there is requirement for better education and improved apprentice schemes for people engaged in cybersecurity jobs. While there were…
Responding to the UN vote to accept the proposal for identifying Jerusalem as the capital of Israel, the US government has decided to reduce its commitment to the United Nations for the two years of 2018 and 2019, Washington announced recently. U.S. president Donald Trump had decided to recognize Jerusalem as the capital of Israel…
While it is believed that companies design their internet according to their core customers – the English-speaking Americans, it would probably change within a few years for U.S. tech companies with India being at the focus. It is this market that is driving the anticipation that billions of people in Asia would get more internet…
A major recall has been forced on Fiat Chrysler after its pickup trucks were reported to accidentally switch out of park due to gear shifters. Estimates are that this anomaly has been detected in about 1.8 million vehicles. A wide range of pickup truck including the Ram heavy-duty pickups, models of which were manufactured way…
The objective of installing automatic emergency braking in all new vehicles is viewing progress as car manufacturers attempt to install this crash avoidance technology to enhance vehicle and passenger safety. More than half of the 2017 model year vehicles of Tesla, Mercedes-Benz, Volvo and Toyota were reported too be fitted with that automatic emergency braking…
The tax reforms that have been signed into law by U.S. President Donald Trump would dramatically benefit businesses, workers and consumers, said the U.S. National Retail Federation which wholeheartedly welcomed the tax reform. “This is landmark legislation that will boost our nation’s economy more than anything we have seen in decades,” NRF President and CEO…
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