Despite a surge in e-commerce sales during the novel coronavirus pandemic, Adidas will continue to make investments in brick-and-mortar stores, said the CEO of the German sportswear company, Kasper Rorsted, in a televiosn interview. “There’s no doubt that online has accelerated two to three years into the future … but I actually think if you…
In the latest sign of heightened government scrutiny over big technology companies, Beijing in a report News stated, China should consider imposing a digital tax on technology companies that hold vast amounts of user data. “Some third-party platform-like enterprises hold a large amount of users data, just like holding precious mineral mines,” said the state-backed…
All Facebook users in the United Kingdom will be moved by the social media giant into user agreements with the corporate headquarters of the company in California instead of the current user agreement that they have with the European headquarters of the company in Ireland which effectively will put them out of the purview of…
In order to take advantage of the billions of dollars of investor cash that has caused a record-breaking rally in the tech IPOs in the United States so far this year, some of the tech companies of Europe are getting ready to hasten up plans for a public listing early next year. Even prior to…
On Wednesday, in a statement Zoom Video Communications Inc stated, it would expand its footprint in Singapore by opening a research and development centre; it also plans on hiring hundreds of engineers for its new office premise. Zoom also plans on doubling its data centre capacity in Singapore. It launched its first data centre in…
On Wednesday, hydrogen plane startup ZeroAvia stated it had secured $21.4 million in a funding round led by Bill Gates’ Breakthrough Energy Ventures to develop zero-emission commercial aircraft. The startup’s prototype hydrogen powered propeller plane has already completed 10 test flights. Its backers includes Amazon and energy giant Royal Dutch Shell. Hydrogen, which produces water…
On Tuesday, Alliance for Automotive Innovation, a major automotive trade association urged U.S. policymakers to back support for electric vehicles (EV), including new incentives to boost up consumer purchases, as well as research and development. U.S. President-elect Joe Biden has made boosting electric vehicles a top priority and has pledged to build 550,000 new EV…
Social media companies operating in Britain, including Twitter, Facebook, and TikTok could face fines up to 10% of their respective turnover if they fail to remove and limit the spread of illegal content under laws proposed by Britain on Tuesday. In a statement the British government said, social media platforms will need to do more…
On Tuesday, according to a report from Japan’s Nikkei newspaper, Apple Inc plans on boosting the production number of iphones by nearly 30% to up to 96 million units. According to the report, which cites sources familiar with the matter at hand, Apple has asked suppliers to produce around 95 million to 96 million iPhones,…
There was an outage of a number of Google’s services including Gmail, YouTube and Google Docs throughout the world on Monday. However there was reportedly no apparent impact of the technical standoff on the working of Google.com and Chrome. The outage resulted in temporary unavailability of Google Classroom which prevented many students around the world…
