Facebook Given Deadline To Share Data With Researchers By Project Funders: BuzzFeed

A consortium of funders of an academic project have threatened to stop supporting the social media company if it does not provide the data it promised to academic researchers by September 30, according to a report published in BuzzFeed News. According to the report, this warning has been issued by a statement from the Social…

Recession Fears Resurface As German Business Confidence Fall Significantly In August

The Munich-based Ifo institute said on Monday that a more than expected fall in the levels of confidence among German business was recorded during August. The business confidence index of the firm – which is formed on the basis of a survey of 9000 companies, dropped from 95.7 points in July to 94.3 points this…

Data Gathering Methods Of Facebook Restricted By Germany’s Watchdog

The manner in which the tech giant Facebook may profile people has been severely criticized by Germany’s competition authority in what is being viewed by analysts as a clear challenge to the business model of the largest social media platform of the world. Germany’s competition authority has said that the users of Facebook have the…

Why Is Greenland Gaining Importance For Global Powers Including The US

It is more than once that the idea of purchasing Greenland had been floated by United States president Donald Trump. And in response, Trump’s idea has been called as “absurd” by the Danish Prime Minister Mette Frederiksen. The issue has however created a unique diplomatic tension between the two countries. But the growing geopolitical importance…

Minority Stake In Leading Indian Supermarket Chain Operator To Be Acquired By Amazon

Amazon.com is increasing its footprint in physical retail business in India. According to a regulatory filing late on Thursday by Future Retail, a minority stake of 3.58 per cent in the company is set to be taken up by Amazon. Future Retail owns and operates over 1,500 retail stores in India and is the owner…

G7 Meeting Could Dispel Fear Of Trump Tariff On French Wine, Hopes Producers

There is increasing concern among French wine-makers about the threats by United States president Donald Trump of imposing import tariffs on French wine in retaliation to the tax on global technology giants imposed recently by the French government of Emmanuel Macron. In case such a tariff is indeed imposed by Trump, it could adversely impact…