One of the positive outcomes of the Covid-19 pandemic is the acceleration of the trend companies and businesses using online means for their commercial and financial interactions. That has in turn has propelled those companies that enable that online shift of business are also benefitting. One such big player in the field that provides such…
There is intense backlash by the public in China against one of the prominent e-commerce companies of the country over charges that the firm exploits its employees by overworking them. This reflects the broadening of the scrutiny of the top tech companies of the country and could even become even more intense. Two employees of…
In a statement European business groups have said, EU business must “prepare for the worst” over digital decoupling between the U.S. and the Chinese economy, which could significantly impact EU businesses in China. In a statement the European Chamber of Commerce in China and MERICS, a Berlin-based think tank said, U.S.-China political, trade and financial…
According to a statement from the U.S. Department of Justice, a senior NASA scientist has pleaded guilty to lying about his ties to a program that encourages researchers to develop relationships with China in exchange for grants. Meyya Meyyappan, 66, of Pacifica, California, entered his plea before U.S. District Judge Kevin Castel in Manhattan. According…
Chinese search engine giant Baidu will be joining hands with auto firm Geely to develop and manufacture smart electric vehicles (EVs), the tech giant has announced. While the role of Geely will be to provide its expertise on designing of cars and other vehicles and in manufacturing them, Baidu will add value to the partnership…
Social media users looking for an alternative for Facebook-owned WhatsApp and were concerned about the changes brought in to the privacy policy of the service apparently took to the privacy-focused messaging apps Signal and Telegram resulting in a significant increase in the downloads of these two messaging apps. According to Sensor Tower, between January 6…
On Wednesday, the world’s biggest online retailer, Amazon.com Inc, launched an online academy to train students for one of India’s most competitive college entrance tests. The development marks Amazon tapping the virtual learning boom created by the COVID-19 pandemic. The “Amazon Academy” is accessible either as an Android app as well as on a website.…
In a significant development General Motors Co presented a futuristic self-driving vehicle flying Cadillac which can take off and land vertically carrying passenger above streets through the air. A senior GM executive described the concept as “reimagining the future of personal transportation”. The single-passenger Cadillac, which essentially is a vertical take-off and landing (VTOL) drone,…
In a statement PayPal Holdings Inc said it has blocked GiveSendGo, a Christian crowdfunding site which helped raise funds for people who attended last week’s event in Washington after supporters of U.S. President Donald Trump, visited en mass at the Capitol. PayPal confirmed that it has closed an account held by Ali Alexander, one of…
In a statement Swedish telecoms operator Tele2 said, it will partner with Nokia for the deployment of its core 5G network in Sweden and in the Baltics. The new core infrastructure will support both 4G and 5G connectivity, thus allowing higher speeds with lower latencies in the network. “We are proud to be expanding on…
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