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…
A new regulatory filing from China’s State Administration for Market Regulation shows that the United States based electric car maker Tesla has extended a significant recall of its vehicles in its home market to China. The company which was founded by billionaire Elon Musk will be recalling as many as 36,126 Model S and Model…
In a development that underscores Amazon.com Inc’s push towards reducing its carbon footprint, the world’s biggest e-commerce retailer has ordered more than 1,000 truck engines that run on compressed natural gas, marking its latest shift away from heavy polluting trucks. In 2020, as a result of the coronavirus induced pandemic, there has been a surge…
The French bank BNP Paribas beat expectations of the market for its fourth quarter with the company’s CFO talking of a “gradual pickup” for the economy in the near future. For the fourth quarter of 2020 ended December 31, net income of 1.59 billion euros ($ 1.90 billion) was reported by the bank which beat…
The antiviral drug, remdesivir was a huge hit as a treatment for the seriously ill during the Covid-19 pandemic the world over, which drove the performance of its maker Gilead Sciences Inc to report a 26 per cent rise in its revenues for the fourth quarter of 2020 which was well above the estimates of…
On Friday, in a world first Google launched a paid news platform in Australia after it struck content deals with publishers in a move aimed at complying with Canberra’s new legislation. Initially the News Showcase platform was slated for launch in June 2020, but Google delayed launching plans following Australia passing a new legislation which…
On Friday, the United States thanked Taiwan for helping to resolve an auto chip shortage that impacted production. Both countries reportedly did not discuss prioritising production of making these chips, said Taiwan Economy Minister Wang Mei-hua after a high-level meeting. Car factories across the globe have been significantly affected and have been forced to shutter…
In a statement Amazon.com said, it will install AI-powered video cameras in its branded delivery vans in order to improve the safety of both drivers and the communities in which it delivers. Recently Amazon has started rolling out camera-based safety technology across its delivery fleet. “This technology will provide drivers real-time alerts to help them…
Daimler Truck, the largest maker of truck and bus in the world, will be spun off from its parent company, the German carmaker Daimler said on Wednesday. Analysts view this move by the German company to make itself more appealing to investors in its efforts to focus more on development and manufacturing of its electric…
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