Google Proposes More Concessions For Fitbit Deal To Win EU Approval: Reuters

Concession in its $2.1 billion acquisition of Fitbit will be given by Alphabet’s Google with the aim of appeasing the antitrust regulators of the European Union and ally its concerns, claimed a report published by Reuters citing information from sources familiar with the . According to sources, with these concessions, the deal is well set…

Trial Of Its Antibody Drug For Covid -19 Paused By Eli Lilly Over Safety Concern

The United States government has paused the clinical trial being conducted by Eli Lilly and Co because of safety concerns, the company said. The trial was for an antibody treatment of Covid-19, the one taken by US President Donald Trump, and is being sponsored by the US government. In a video posted by Trump last…

Chinese Regulators Could Target Nvidia’s $40 Billion Arm Acquisition, Say Analysts

According to analysts, the efforts of Nvidia to purchase United Kingdom based chipmaker Arm from SoftBank for $40 billion could face a major barrier from regulators in China. The two companies had announced the deal in September beginning. It is expected that if the deal gets through it would create the largest chip company in…

UK PM Office Says Brexit Trade Talks With The EU Are ‘Over’

Negotiations for a Brexit trade agreement between the United Kingdom and the European Union essentially “over”, said Downing Street. Unless there was willingness on the part of the EU to to discuss the detailed legal text of a partnership, there was “no point” in discussions continuing next week, No 10 said. No. 10 is the…

Indian Entrepreneur BR Shetty Urges Indian Federal Agencies To Probe Scandal In His Companies Worth Over $6 Billion

Federal investigative agencies in India have been requested by Indian entrepreneur BR Shetty to investigate two former top executives of his companies and two Indian banks in relation to a financial scandal engulfing his group that could run into millions of dollars. Shetty filed a complaint with the agencies in relation to investigating a number…

Limited Success For Bots Engaged In Spreading Anti-Vaccination Message, Finds Study

A study conducted on millions of tweets have found that anti-vaccination content generated by bots are rarely retweeted by Twitter users which suggests that there are some serious limitations in the use of bots in spreading vaccine misinformation. The role of bots was apparently found to be ineffective with respect to efforts to influencing discourse…

Pandemic Has Caused Over 40 Airlines To Fail So Far This Year With More Failures Expected

More airlines are set to fail in the coming months despite some airlines have been helped not to go bankrupt by strong government support say aviation experts. Since January this year, 43 commercial airlines have failed, found Travel data company, Cirium. In comparison, 46 and 56 airlines had failed for the entire years of 2019…

Till Court Decision On Ban, P&G And Other Advertisers To Spend On Ads On TikTok

Even though the Chinese owned short video sharing app TikTok is currently faced with a possible ban by in the United States after the government accused it of being a national security risk, many of the major advertisers including Procter & Gamble, Danone and Chipotle Mexican Grill have decided to stick around with spending on…

Huawei Will Show Its Inner Workings To Prove Its Equipment Presents No Security Threat

For those countries that has any intention of including telecom equipment manufactured by the Chinese firm Huawei in the creation of 5G networks, the Chinese company is willing and ready to be thoroughly examined so that it can be proved that none of its equipment that it could potentially supply poses no risk to any…