Wixen Music Publishing Inc sues Sweden’s Spotify over copyright infringement for $1.6 billion

In its lawsuit Wixen Music Publishing has alleged that Spotify has made available thousands of songs to its users without getting a direct or a compulsory license from it which allows it to either distribute or reproduce the songs. Wixen Music Publishing Inc has sued Spotify, a music streaming company for allegedly using thousands of…

Britain could incentivize tech companies to remove extremist content from online platforms

Google’s YouTube has made rapid gains in machine learning technology and said, 83% of violent extremist content is removed without the need for human intervention. Britain may impose new taxes on tech giants, including Facebook, Apple and Google, as it finds way to mitigate the threat of online extremism by taking down material aimed at…

Insolvent Austrian Airline Niki Agreed To Be Bought Over By BA Owner IAG In A For €20 Million Deal

Austrian holiday airline Niki would be purchased by British Airways’ parent company IAG. The firm would pay €20 million ($24 million) for the insolvent Austrian flier. Additional liquidity of up to €16.5 million would be provided for the Austrian company by IAG, the company Also said. Following the exit and withdrawal of financial support from…

Commercial Vehicle Connectors Market To Be Driven By Electronics Applications: Technavio

The latest report from Technavio, the market research analysts, predict that there would be a growth of over 7 percent CAGR in the global commercial vehicle market. Market experts and analysts at Technavio have highlighted three major market drivers which would contribute primarily to the growth of the market for the global commercial vehicle connectors…

The tech sector emerges as the best performer in the European stock market

Shares of AMS, a chipmaker appreciated by 206% in 2017. On Friday, European stocks steadied their footings and were set to post their strongest gains since 2013 buoyed by surging tech stocks as well as a robust resources sector. Although the eurozone blue chip stocks dropped by 0.1%, the pan-European STOXX 600 index remained flat,…