On Tuesday, in a statement NTT Finance said, it aims to establish an investment vehicle which will invest in Israeli tech startups from venture firm OurCrowd’s portfolio. NTT Finance is a subsidiary of NTT Group, which is also known as Nippon Telegraph and Telephone. It said it will commit $15 million into OurCrowd’s portfolio through…
Explosive growth in the number of subscribers for Disney’s video streaming services that were launched just 16 months ago has forced analysts to forecast that the pioneer of the industry Netflix will lose its place as the biggest video streaming provider of the world within the next three years. The total number of subscribers for…
No new signups will be possible for Chinese users of LinkedIn — one of the very few Western social media networks that is still allowed to operate in China. Whilke making the announcement, the company clarified that the decision had no relation to the recent cyberattack on its parent company Microsoft. A group of hackers…
On Monday, in a statement Deliveroo said, it plans to sell around new shares worth $1.39 billion (1 billion pounds) in its upcoming initial public offering (IPO), in what is expected to be the biggest London listing in more than seven years. The British food delivery company, which has the backing of Amazon.com Inc, said…
Britain needs to boost its capabilities to carry out offensive cyber attacks, said British Prime Minister Boris Johnson ahead of a national security review slated for later this week. “Cyber power is revolutionising the way we live our lives and fight our wars, just as air power did 100 years ago,” said Johnson in a…
Only half of the planned doses of Covid-19 vaccines to the European Union for the second quarter of the current year will be supplied by AstraZeneca Plc as the company has not managed to amend a slew of production issues at its plants in Europe. According to a report published by Bloomberg based on data…
The social media platform YouTube has said that it had removed more than 30,000 videos related to misleading Covid-19 vaccination in the last five months. The reason for the removal was that the videos contradicted vaccine information from the World Health Organization (WHO) or health authorities such as the NHS of the UK, said a…
United States based aircraft maker Boeing Co is trying to regain investor confidence on its 737 Max planes after the two year global grounding of the planes as the company unveiled a new order for the planes that have be only recently been given permission to commercially fly again. The news propped up the shares…
The video streaming firm Netflix is testing a new feature that could disallow sharing of password between users as the company rolls out alerts to users to verify whether they are authorized to watch on the account. If they are able to prove their authorization, they would be able to keep watching, “This test is…
The global chip shortage that first hit the global auto industry is now getting into other sectors of the electronics business and chip maker Qualcomm Inc is current finding it hard to meet up the demand for its processor chips that are used in smartphones and gadgets, said reports quoting industry sources. A shortage of…
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