On the third day of a week-long hearing at the General Court of the European Union, United States based search engine giant Google said that its policy of payment made to phone makers for pre-installing only Google Search on the devices that they make does not aim to prevent competition in the market but is…
While rejecting the charges levelled against it by the competition of the European Union of Alphabet unit Google adopting a carrot-and-stick tactic that stifled competition with respect to the firm’s deals with Android phone makers, the United States based company said that such deals instead boosted competition. The EU had slapped a record 4.3-billion-euro ($5…
The planned development of an Instagram for kids by Facebook was paused on Monday by the social media company after the announcement of the plan was severely criticised by lawmakers as well as users. “While we believe building ‘Instagram Kids’ is the right thing to do, Instagram, and its parent company Facebook, will re-evaluate the…
according to Elon Musk, CEO of the United States based electric vehicle maker Tesla, stated on Friday that the continuing semiconductor shortage problem being faced throughout the world will be resolved by next year. The tech entrepreneur believes the chip scarcity is a “short-term” issue rather than a long-term one. “There’s a lot of chip fabrication plants that…
The Taliban’s capture of Kabul has heightened mutual animosity between the United States and Pakistan, two ostensible partners who have clashed over Afghanistan. However, both parties continue to rely on one another. With the Biden administration searching for alternative ways to combat terrorist threats in Afghanistan, it is likely to come back to Pakistan, which…
Nike Inc on Thursday cut its fiscal 2022 sales expectations and said it expects delays during the holiday shopping season, blaming a supply chain crunch that has left it with soaring freight costs and products stuck in transit. Months-long factory closures in Vietnam, where about half of all Nike footwear is manufactured, have piled more…
Airbnb said on Thursday that it plans to house an extra 20,000 Afghan refugees, increasing the total number to 40,000. The charity arm of the home-sharing website offered to house 20,000 migrants last month. Airbnb, on the other hand, stated in a recent blog post that it will have “the potential to go above and…
India’s Ola plans to produce kick scooters, e-bikes, drones and even flying cars under its future mobility scheme to help meet the country’s transport needs, the company’s founder Bhavish Agarwal said in a blogpost on Thursday. Ola, backed by Japan’s Softbank Group, is building what it calls a “New Mobility” ecosystem which will include mobility…
General Motors Co announced on Thursday that it will make an investment of $300 million in the Chinese self-driving startup Momenta for developing self-driving technology for the American company’s future models in China, marking the company’s first such partnership in the world’s largest vehicle market. Momenta is one of the few firms in China with…
Pfizer and BioNTech will donate 500 million additional doses of their Covid-19 vaccines to the United States government which will then be rerouted to poorer countries. Wednesday’s announcement expands on the existing agreement between the U.S. government and the companies to supply additional vaccine doses at no-profit prices to less-advantaged countries. This brings the total…
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