As many as 1,200 stores worldwide of the owner of the clothing brand Zara will be closed in an effort to provide a boost to the online sale of clothing amidst the chaos to its business because of the outbreak novel coronavirus pandemic. Between 1,000 and 1,200 mainly smaller stores will be “absorbed” by it,…
After it came under the scanner of the authorities in the United States over security concerns, Chinese-owned short video app TikTok now is set to be face regulatory scrutiny in Europe. The data processing activities and privacy practices across the European Union of the ByteDance-owned app will now be investigated by the e European Data…
The restart of production of main factory of United States based electric car maker Tesla in California is having problems, according to media reports. Apart from threatening to move Tesla operations out of California, the CEO of the company last month also sued the Alameda County to force it to allow the company to restart…
More than 170,000 twitter accounts that were allegedly linked to an operation to spread pro-China messages have been removed by Twitter, the social micro blogging site has been has said. Making the announcement, the social media platform said that some of the accounts were engaged in posting about the coronavirus outbreak. “A core network” of…
The process of development of crypto currencies by the central banks, known as central bank digital currencies or CBDCs, has been accelerated by the emergence of the novel coronavirus pandemic globally. The pandemic related crisis has not only forced millions to stay at home in order to prevent the spread of the novel coronavirus but…
The deep slump in demand for air travel because of the novel coronavirus pandemic globally has forced German airline Lufthansa to say that it will be slashing 22,000 jobs. While expecting the very slow recovery in demand for air travel, the German anticipates that it will be left with about 100 fewer aircraft after the…
Allegations against the video conferencing company Zoom had temporarily shut down the account of a United States based group that supports human rights in China after the group had organized an event on the platform to remember the Tiananmen Square massacre of China. The group described the incident of blocking their account as outrageous. The…
A new study has suggested that the novel coronavirus pandemic could have hit the Chinese city of Wuhan as early as in late summer of 2019. This was the conclusion of the study that was conducted by Harvard and Boston University and was based on an analysis of satellite imagery and search engine trends. The…
A new report on the airline industry of the United Kingdom has warned that a jobs crisis in British aviation industry that is comparable to the scale of the coal mining industry’s collapse during the 1980s was on the cards because of the grounding of air travel during the coronavirus pandemic. This report from the…
A customer of Amazon who was angry as he criticized the company’s support of the Black Lives Matter movement was given a befitting reply by the company’s CEO Jeff Bezos trough an e-mail. In an Instagram post late Sunday, Bezos described the customer’s email as “sickening” and added that the individual was just the kind…
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