It is necessar4y for the US Congress to take action against Facebook Inc. and regulate the social media platform because the company cannot be trusted with self regulation, said Democratic U.S. Representative David Cicilline who is widely anticipated to adorn the post of the next chairman of House Judiciary Committee’s antitrust panel. Putting up a…
While an industry group prefers the adoption of a wifi-based technology for next-gen cars, others, including Intel, Vodafone, Ericsson, Deutsche Telekom, Qualcomm, Samsung, Daimler, Ford, PSA Group, and Huawei are pushing for an alternative 5G standard. BMW, Vodafone and Ericsson have reportedly made a last-ditch effort to persuade the European Commission to open the doors…
Bidding for the on the 28 Ghz and 24 Ghz band in the 5G spectrum has begun in the U.S.. In a significant development, the Federal Communications Commission has launched the first high-band 5G spectrum auction as it works to clear space for next-generation networks. Bidding on the 28 GHz band has begun on Wednesday.…
Tiger Global Management hedge fund led the funding round along with existing investors Coatue Management and Valiant Capital. As per a source familiar with the matter at hand, Grocery delivery startup Instacart has raised an extra $271 million in its latest funding round to $871 million with U.S. hedge fund Tiger Global Management leading the…
It was more than two years that the UK government had ordered that 350 of the biggest UK firms should ensure that at least a third of boardroom positions should be held by women by 2020. But there is not a single woman on the board of five British companies till now. And only one…
US farmers are in for tough times after virtually losing out on their biggest market China because of the protracted trade war between their country and the second largest economy of the world. And the hope now lies in new markets for them to export their produce. But comparison of other possible markets based on…
Multiple reports that the United States administration is considering a ban on methanol cigarettes caused a hit to the shares in two tobacco giants. There was a drop of 10.6 per cent in the shares of the British American Tobacco which was its lowest in almost five years, while there was a 2.2 per cent…
