Following the accusation that a driver of China’s biggest ride-hailing company, Didi Chuxing, had raped and killed a woman passenger, the company announced the suspension of one of its services for the second time this year. While apologizing for “disappointing mistakes”, the company said that it has dismissed two senior managers after the incident that…
Malta registered Huulk allows the trade of commodities, stocks and sharia compliant products. It aims to partner with several European exchanges in the coming weeks. On Monday, as per Ibrahim Mohammed, the Chief Executive of Huulk, a new digital exchange has been launched aimed at listings financial technology firms which are sharia compliant. The development…
The shareholders of the electric carmaker Tesla managed to convince its founder and CEO Elon Musk not to take the company private and urged the billionaire to keep the company public. In a statement issued by Musk on Friday night, Musk said that the he had taken a decision to keep the company public and…
One of the companies that has benefitted form the turmoil that is currently underway at the electric car4 maker Tesla is Apple. According to a report in the new channel CNBC, so far this year, about 46 people have bene recruited by the Silicon Valley technology giant from Tesla. According to the news report which…
A new study report claims that all alcohol consumption is bad for humans, breaking the myth that a glass of wine a day is good for the health of a person. This study was conducted on a global basis and therefore it claims to be more comprehensive than ever before. The study virtually negated what…
According to a statement from the U.S. Customs and Border Patrol, a man who attempted to enter the country from Brazil travelling on a French passport was detained as an imposter at Washington, D.C.’s Dulles airport with the help of a newly installed facial-recognition technology. It was just three days ago that the airport had…
According to reports, acronyms that are common in text speak, including “WTF”, have been applied to be trademarked by Proctor & Gamble. If the application is successful then the company would be able to include in its marketing and selling of its products expressions including “LOL” (Laugh Out Loud) and “NBD” (No Big Deal). Application…
There can be a big threat to the US economy from the escalation of a trade war, according to warnings from the US Federal Reserve. But the central banker is not ready to buck down to pressures and comments form US President Donald Trump against raising of interest rates and wants to continue with its…
Websites in Europe may have to delete extremist content on their sites within an hour or face a fine according to a plan by the European Commission. Twitter, Facebook and YouTube among others are one who would be impacted by such a regulation. Such a regulation would be a shift by the EU away from…
A Wall Street Journal report claimed that an offer by Turkey to the United States of releasing detained American pastor Andrew Brunson if the US investigations against Turkish bank Halkbank is halted was turned down by the Trump administration. The proposal, according to the report, was dropping off of terrorism charges against the American pastor…
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