Walmart has alleged that solar panels supplied by the United States based electric carmaker Tesla were faulty and was cause for a number of fires at about seven stores of the company. Following this, Walmart has filed a case against the electric car maker. In the lawsuit filed by it in a New York court,…
The wave of consolidation in the in the pub and brewing sector is continuing and the latest deal in this sector if the purchasing of pub giant and brewer Greene King by Hong Kong operator CKA. About 2,700 pubs, restaurants and hotels in total across the UK is owned and operated by Suffolk-based Greene King.…
Researchers say that one can be allowed to “put words in people’s mouths” with the help of a new tool that the recently released and which exploits a vulnerability in Facebook’s Whatsapp. How alteration of the text within quoted messages can done with the help of the tool was demonstrated by a team from cybersecurity…
There has been a surge in the rental rates of older planes as airlines turn to such crafts to cater to the growing demand for the industry given the global grounding of the 737 Max planes of Boeing has now entered in the sixth month. “Used 800s are like a gold dust at the moment,”…
Employees of Foxconn engaged in making popular Amazon devices were being forced ot work for long hours and the company was engaged in worker abuse and poor pay as well, claimed a report prepared by China Labor Watch. An investigation in this regard has been initiated by it, Amazon has said. This is the second…
According to the claims of the cybersecurity firm FireEye, cyber spying activities for the Chinese government in 14 different countries had been undertaken by a group of state-sponsored hackers in China even as the group also conducted hacking for making personal gains. The Chinese hacking group is called APT41, according to the cyber security company,…
Faecbook wants to publish news content of news publishers on its social media platform and is reportedly holding talks with such companies. Reports have suggested that the largest social media company is ready to “millions of dollars” to get the rights to the news content materials. For years, Facebook has been criticized by many because…
The United States based ride hailing company Uber reported quarterly loss that was below the market expectations which sent the company shares soaring down. Increased competition resulted in the slowdown of revenue growth which led the company to report its highest quarterly loss ever. There is heavy spending being made by Uber and its rivals…
According to a recent report published in the online edition of the German magazine Der Spiegel, Mercedes-Benz owner company Daimler would be slapped a fine of between 800 million euros ($895 million) and 1 billion euros by the prosecutors in Stuttgart, Germany over violation and cheating of diesel related emissions standards. A form of cheating…
Cell therapy developer BlueRock Therapeutics would be taken over via complete control by German drugmaker Bayer according to a deal worth up to $600 million. According to analysts, this investment move by Bayer is aimed to strengthen its position in a new and promising medical area as well as to develop its pipeline of medicines…
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