There is an apparent discrepancy about the details of the deal that as struck between the Chinese tech company ByteDance an American companies Oracle and Walmart over the divestment of the Chinese firm owned short video sharing app TikTok with both parties issuing conflicting statements on the matter on Monday. The two American companies had…
Following accusations by a short seller against the hydrogen and electric truck startup Nikola was misleading investors and overstating the value of a business deal, the company’s founder Trevor Milton has voluntarily stepped down as the executive chairman of the startup. Nikola said in a statement on Sunday that Milton has also resigned from the…
United States based global retailers Amazon currently possess about 33,000 job openings for corporate and tech roles in the company. And part of that is expected to be filled up by the company through a Career Day which, the company has said, will be held on September 16. It ill be open for everyone who…
A new research has found that in addition to the Amazon rainforest in Brazil, the phenomenon of trees live fast and die young as it happens in the warm climatic regions happens across all latitudes. And according to the new research, this trend can spell bad news for tackling the global climate crisis. Warmer conditions…
Global economic growth for the rest of the current century could be lower by 1.5 per cent on the average because of the interruption to children’s schooling in the wake of the novel coronavirus pandemic, warned the Organization for Economic Cooperation and Development. For the United States, this projected loss of gross domestic product, which…
Researchers at the Institute of Strategic Dialogue (ISD) have discovered one of the largest collections of online material reportedly owned by the group calling itself Islamic State. With an estimated 10,000 unique visitors a month, more than 90,000 items are contained in the digital library. This is one of the ways that extremist content on…
No major negative side effects of the use of Russia’s potential coronavirus vaccine was found in early results from trials according to a recent study published in the peer-reviewed medical journal The Lancet revealed on Friday. The Lancet article said that the trial for the vaccine was conducted on 76 healthy volunteers aged 18 to…
The novel coronavirus pandemic has stoked demand for home appliances ranging from products to sanitize closets to customizable fridges. This has benefited the South Korean electronics giant Samsung Electronics Co Ltd and the company is now adding warehouses and is making efforts to take more of its popular products to more markets. Products that make…
A total of €1 billion ($1.2 billion) will be spent by Unilever to stop its use of fossil fuels in the process of production products for its cleaning and laundry brands. Only renewable or recycled carbon will be used for the manufacturing of household products such as Omo, Sunlight, Cif and Domestos by the end…
While trying to deal with the impact of the novel coronviru pandemic on the travel industry, the founder of AirAsia – Tony Fernandes, is building an app that he hopes will transform into the next “super app” for the region. The app that he plans to develop will be an all-in-one app for food delivery,…
