Financial market website Zero Hedge suspended from Twitter

Zero Hedge, a financial market website has been banned from Twitter following the posting of a report which linked a Chinese scientist to the fast-spreading coronavirus outbreak in China. Late last week Zero Hedge said, it has received a notification from Twitter accusing it of violating its “rules against abuse and harassment.” The outbreak of…

Apple suppler LG Display expects improved profit outlook on increased OLED demand

On Friday, LG Display Co Ltd, an Apple Inc supplier offered an optimistic outlook for the year on the back of higher demand for its organic light-emitting diode (OLED) panels sending its shares higher by 4%. The optmistic forecast comes in the wake of the South Korean company seeing prolonged decline in liquid crystal display…

Illinois users reach $550M settlement with Facebook over illegal collection and storage of biometric data

In a statement Facebook Inc said, it has in principle reached a $550 million settlement related to a lawsuit that claimed the social media giant had illegally collected and stored biometric data for millions of users without their consent. The lawsuit was filed in 2015 with Illinois users dragging Facebook to court for violating the…

Britain allows Huawei to play limited role in its 5G networks

On Tuesday, in a statement the British government stated, it will allow China’s Huawei a limited role in building its 5G networks. The statement also mentions, high-risk vendors would be excluded from sensitive core parts of networks, and that there would a 35% cap on their involvement in the non-sensitive parts. The development is likely…

Tata Group launches electric vehicle (EV) ecosystem in India

India’s steel-to-autos conglomerate Tata Group, is making a big effort towards clean vehicles; it plans on producing electric cars and batteries, build recycling plants and set up charging stations around the country, said senior executives said on Tuesday. They went on to add, more than half a dozen companies, including Tata Chemicals, Tata Motors, Tata…