While pharma companies and other institutions all around the world are in the race of developing the bets vaccine for the novel coronavirus, its effect is being felt on the Wall Street also. After getting listed on Friday, the stock of the German firm CureVac, a biotech firm that is backed by the Bill &…

With Britain adding France, the most visited country in the world, on its quarantine list, the efforts and hopes of Europe to restart its huge travel and tourism sector has been dealt a severe blow. According to the latest guidance from the UK Department of Transport, updated late on Thursday, a mandatory quarantine of 14…

United States based e-commerce giant Amazon has now ventured into the online medicine market of India with the launch of an internet pharmacy in the country. After initially starting the service in the Southern Indian city of Bangaluru, the company may also expand the services into other cities of the country as well. This move…

While downplaying the threat of a ban on its chatting app WeChat, its owner Tencent believes that the ban will only impact its operations in the United States. An equivalent messaging platform called Weixin is run by the tech giant in China and the company hopes that that service will remain unaffected. Tencent believes that…

The Chinese owned short video sharing app TikTok could no longer be allowed to app in app stores of the United States s well as not be able to publish any advertising on the platform according to the executive order banning the app by US President Donald Trump, said a report published by the news…

A radical change in the configuration of its offices is being planned by British Petroleum (BP). According to the plan, the oil and gas giant could reduce the properties its holds by almost 50 per cent by shifting about 50,000 employees towards remote working and flexible workplace layouts because of the novel coronavirus pandemic. According…

In a notable court ruling in the United States, a judge in California has ruled that the two rivaling ride hailing companies Uber and Lyft will now have to classify their drivers as employees and not treat them as mere freelancers. The court gave the two companies a period 10 days to file an appeal…

Following a complaint that it had been sent to it in May against the Chinese owned short video sharing app TikTok, the data privacy watchdog of France, CNIL said on Tuesday that it was initiating a preliminary investigations into the app and its activities and business practices. Data regulators in the United States, the European…