If necessary, the Japanese government could make available fiscal and monetary stimulus for the economy even though it does not feel there is any need for such an action immediately. A boost to the world’s third-largest economy can be given at any time by the Japanese government because currently the economy is facing issues because…
Investigators probing the activities and the people behind one of the world’s “largest dark web child porn marketplaces” have made more than 300 arrests since the market place was taken down. There were more than 200,000 videos on the site which had been downloaded more than a million times collectively. The existence of the website…
Italy plans on levying a 3% tax on all internet transactions from 2020. In a significant development of widespread ramifications, the Italian government has approved a new tax on digital companies, including U.S. tech giants, as part of its 2020 draft budget. The move could potentially draw threats of retaliation from the United States. The…
In a strategic move Henan Yuguang Gold and Lead is studying plans on setting up a lead-acid battery production line as part of a downstream expansion. Company officials from Henan Yuguang Gold and Lead, China’s largest lead producer stated, the company plans on setting up a lead-acid battery production line as part of a downstream…
This is SoftBank’s second investment in Mexico after it invested $20 million in Clip, a payments firm. In a development that sees an expansion in SoftBank’s growing portfolio in Latin America, the Japanese conglomerate said, it will be investing in Kavak, a Mexican used car platform. “We are proud to join with and invest in…
According to the U.S. motorcycle maker testing of LiveWire is going “well”. Following the discovery of a glitch during final quality checks, U.S. motorcycle giant Harley-Davidson Inc stated, it has stopped the production and deliveries of its first electric motorcycle. In a statement the motorcycle maker stated, it has discovered a “non-standard condition” with its…
A report prepared by the G7 group says that until such time that Facebook is able to prove the safety and security of its Libra cryptocurrency, the planned digital currency must not allowed to go ahead, claimed a report published by BBC. Analysts see this as a big blow to the aspirations of Facebook to…
New rules drafted for Germany allows a level playing field for all telecom equipment vendors. On Monday, in a significant development, Germany has finalized rules to build its 5G mobile networks which does not exclude China’s Huawei Technologies. German government officials have confirmed that Germany’s security catalogue foresaw an evaluation of technical and other criteria…
With the likes of Disney and Apple Inc. entering the video streaming business, there are apprehensions about whether Netflix, the pioneer in the video streaming industry, be able to weather and survive the soon-to-start streaming wars. Despite the apprehensions, United States based banking and investment firm Goldman Sachs strongly believes that Netflix will be able…
If “everything goes according to plan” in upcoming tests, the first astronaut abroad SpaceX’s new Crew Dragon capsule will be able to go into orbit in its first manned flight by the first quarter of next year, said NASA chief Jim Bridenstine. This announcement of a revised time line for the flight shows that progress…
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