In a significant development, Amazon.com Inc, the world’s biggest e-commerce retailer, has received federal approval for testing commercial deliveries through its fleet of drones. The U.S. Federal Aviation Administration (FAA) has approved Amazon Prime Air, Amazon.com Inc’s special service delivering packages in 30 minutes or less, to test delivering orders using autonomous drones. With this…
In a statement, U.S. social media giant Facebook Inc said, it would block news publishers and people in Australia from sharing news on its app, including Instagram and Facebook if a proposed bill which forces it pay local media outlets for content, becomes law. In July, the Australian government said it would require tech giants…
While trying to deal with the impact of the novel coronviru pandemic on the travel industry, the founder of AirAsia – Tony Fernandes, is building an app that he hopes will transform into the next “super app” for the region. The app that he plans to develop will be an all-in-one app for food delivery,…
The Swiss company Nestle, which is better known for its foods products, is on a path to aggressively expand its fast-growing health science business and as a business strategy, the company has decided to pay $2 billion to gain full ownership of peanut allergy treatment maker Aimmune Therapeutics. Its health science subsidy called Nestle Health…
On Monday, in a historic development, Israel’s El Al Airlines will fly its first flight to the United Arab Emirates by a commercial carrier, said a spokesman for the airline. Ties between both countries have forged ahead as they surge ahead to normalize ties. The direct flight between Israel’s Ben Gurion Airport and the UAE’s…
British sandwich chain Pret A Manger will cull about 3,000 jobs which amounts to more than a third of its total staff as part of its plans for staging a turn around of the business amid the novel coronavirus pandemic. While the majority of the job losses will take place at the company’s stores, some…
It is being said that the United States based tech giant Apple Inc. is one company among the top tech companies of the world that is fast becoming friendless of the big tech companies. The reason – the company’s polices and rules for its App Store which has been a source of friction for large…
Group of investors led by London based Centricus Asset Management Ltd and the United States based Triller Inc – another video and music-based social networking app, have joined forces to bid for the purchasing of the US operations of the Chinese owned short video sharing app TikTok. Also on sale are TikTok’s operations in a…
Even as a legal battle is ongoing in a US court between iPhone maker Apple Inc and “Fortnite” creator Epic Games, the iPhone maker terminated the account of Epic Games on its App Store,. The tow companies are at loggerheads over the in-app payment guidelines and rules of Apple which Epic Games has termed as…
The political tug of war over TikTok has created an opportunity for retailer Walmart to purchase an app that has a huge fan following in the United States and in some other markets. On Thursday, the company confirmed that it was joining the bid to purchase the Chinese owned short video sharing app in partnership…
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