The global shortage of semiconductors that started earlier is slated to continue to well into the next year, warned Volvo Cars. The global auto industry is one of the sectors that has been significantly impacted by the global shortage of chips. The warning was issued by the company as it reported a drop in its…
According to Moderna’s chief medical officer, Omicron, a novel coronavirus strain, may evade the current generation of Covid-19 vaccinations. In the next weeks, scientists should know more about vaccinations’ capacity to give protection, according to Paul Burton. “These mutations – at least 30 of them in the spike protein alone, nine of them known to…
A section of former employees of Google has filed a lawsuit against their former employer’s Alphabet Inc unit on Monday. The plaintiffs claimed that the company violated the terms of their employment agreements as it had not followed its infamous mantra “don’t be evil.” In the suit filed at California State Court in Santa Clara…
Twitter Inc Chief Executive Officer Jack Dorsey will step down from his position and a replacement is being drafted an individual who was aware of the matter said to Reuters. The board of directors at the company has been working on Dorsey’s departure from the company since last year, a source told. The announcement comes…
The efforts to create green jobs should be intensified to the extent that there is a chance for the UK administration is going to meet its goal of 2 million jobs in 2030, as per the report. Jobs that are tied in the Green Economy made up for 1.2 percent of all jobs advertised in…
This Omicron variant could increase pressure on the ever-present shortage of microchips that are used in the production of cars the head of auto giant Nissan has cautioned. Makoto Uchida stated that it was too early to determine the date when deliveries of normal and, therefore, finished vehicles will resume. “I can’t give you a…
A senior Amazon.com Inc executive said it is too early to determine whether the Omicron coronavirus variant could affect consumers’ spending habits this holiday season, however, he suggested that consumers will continue to shop for items now. “It’s very early in the process of understanding what’s happening with the new variant,” said Dave Clark, chief…
China could be hit with more than 630,000 COVID-19-related infections per day if the country renounces its zero tolerance policies and lifted travel restrictions, as per an analysis by Peking University mathematicians. In the report that was published within China CDC Weekly from the Chinese Centre for Disease Control and Prevention Mathematicians declared that China…
The launch of James Webb Space Telescope was delayed by at most four days, to allow for further tests. It was planned to be launched into orbit on the 18th of December. It will be launched no later than the 22nd day of the month. An US space agency announcement stated that the “incident” had…
With the ongoing port shortages and rising shipping costs Tesla Chief Executive Elon Musk called on employees Friday, via an internal email that was obtained by CNBC to find ways to cut down on the expense of shipping electric vehicles to customers, instead of hurrying orders out to reach the end-of-quarter sales targets. In the…
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