The new rules, likely to be effective from January 1, 2018, are also likely to attract court challenges. In a development that is likely to be a milestone for the history of the internet, the U.S. Federal Communications Commission plans on handing over the oversight of internet service providers to another federal agency, as it…
The cofounder of China’s EHang, the company that is engaged in the development of a passenger drone, claimed to reach profitability in the time period of only the next two years. The work that is being carried out by EHang involves the transportation of one human passenger over small to medium distances in a drone. The…
Germany’s domestic intelligence agency has warned public officials on the risks of exposure while using social media. A wake up call. In a turn of events which underscores how social media is being increasingly weaponized by countries such as Russia and China, Germany’s intelligence service has published details of social network profiles which, it says,…
While analysts and traders see this phenomenal rise as a bubble, many market participants opine that its burst will have a limited fallout given its market capitalisation. On Monday, with the price of bitcoin skyrocketing to one fifth of its value, marking a new milestone for the cryptocurrency, Asian markets climbed to a new high…
The aspects of public safety and protection of property are directly impacted by timeliness and accuracy of weather forecasts. And forecasts depend on the quality of data that is available for the forecasters. To that extent, the NOAA GOES-R Series of satellite is expected to augment the data which will aid in providing sharper, more…
A $280 million funding round in the Indian startup Bigbasket, the largest online supermarket in India, has seen it raising the amount as an investment from Alibaba Group Holding Ltd., China’s e-commerce giant, according media reports quoting sources. familiar with the matter. The sources reportedly said that there had been months of negotiations that had…
The digital goodwill impairment does not however impact its cashflow. On Friday, Swedish mobile network equipment maker Ericsson stated it may have to cash-in on a goodwill impairment in its struggling media and digital services businesses. Although the move may potentially hit its operating income, its cashflow however has been safeguarded. Ahead of the roll-out…
Frequent buyers are likely to get more discounts on banking products. Taking a cue from Amazon.com, JPMorgan Chase & Co’s chief executive Jamie Dimon stated he expects the bank to offer more price discounts to its banking customers who buy multiple products, just like the way Amazon.com does. “You are going to see more relationship…
As per the findings research firm Kantar Worldpanel ComTech, the unavailability of its flagship iPhone X has played a role in the loss of its market share. On Tuesday, Kantar Worldpanel ComTech, a research firm, stated the market share of Apple Inc’s iPhone has declined in three key regions in the world during the last…
A car’s dashboard is now becoming the new marketplace and will compete with your smartphone, tablet and laptop for your taps and clicks. On Tuesday, General Motors stated it will equip its newer cars with e-commerce technology built-in to its dashboard. As a result, drivers of its future product line will have the ability to…
