Amazon Suspends Blocking UK Visa Credit Cards As The Two Firms Continued To Negotiate

Amazon has suspended its plans for blocking UK Visa credit card payments this week even as the two parties work out a payment fee issue. “The expected  change regarding  the use of  Visa credit cards on Amazon.co.uk will no longer take place on January 19,” Amazon said. It was “working closely to reach an agreement”,…

$1 Billion Office Purchased By Google In London Expanding Its Property Empire In The City

While it waits for the construction of its long-delayed U.K. headquarters to be completed, Google has purchased a bright office space in London for $1 billion. The internet behemoth revealed on Friday that it has purchased the entire Central St. Giles building in London’s West End, where it already has a number of floors. Google…

BP Says Its Car Chargers Will Soon Have Higher Profitability Than Pumps

According to British Petroleum, its quick electric vehicle charges are about to become more profitable compared to filling up a gasoline automobile. The achievement will be significant for BP, which is looking to diversify its business away from oil and towards power markets and electric vehicles (EV). EV charging has been a loss-making business for BP…

Research Report Claims $400m Of Cryptocurrency Stolen By North Korea Hackers In 2021

According to a research, North Korean hackers stole about $400 million in digital assets through as many as seven attacks on cryptocurrency platforms last year. Cyber-criminals in the secretive east Asian country had one of their most successful years on record for hacking last year, according to blockchain analysis firm Chainalysis. Investment firms and centralised exchanges were the…

Meta To Face Billion-Pound Class-Action Case In The UK

As many as 44 million used of Facebook in the United Kingdom could share £2.3 billion in damages, according to a competition expert planning to sue Facebook’s parent company Meta. Meta “abuses its market dominance,” according to Dr. Liza Lovdahl Gormsen, by charging an “unfair price” for free use of personal data of users of Facebook’s…

Starbucks To Increase Spending With Diverse Suppliers By Almost Two Times By 2030

Starbucks Corp said that its expenditure with suppliers and vendors from underrepresented groups in North America will nearly treble to $1.5 billion by 2030. Starbucks’ chief global inclusion and diversity officer, Dennis Brockman, says the firm can utilize the global supply chain disruption caused by Covid-19 to improve diversity. “This will give us an opportunity…

Philips Profits Hit By Shortages And Recalls, Shares Slide

Philips shares fell more than 11 per cent on Wednesday morning after the Dutch health technology giant raised the cost of its major ventilator recall and warned that worldwide supply chain constraints would hurt earnings. As it continued to struggle for memory chips and other supplies, the hospital equipment and personal health device supplier said it…

Chill And Assertive Self-Driving Modes Added To Its Cars By Tesla

An assertive driving mode has been added to Tesla’s automatic driver assist technology. The setting will drive more closely behind other vehicles, change lanes more frequently, avoid leaving the overtaking lane, and conduct rolling stops. Human driver behavior like this is frequently criticized by safety organizations. One automotive safety expert, however, believes that it is…

Reported ‘Deltacron’ Variant Questioned By Experts, Says It Is Likely A Lab Contamination

Reports of a new suspected Covid-19 mutation, termed “deltacron,” that is apparently considered to be a combination of characteristics of both the delta and omicron variants, are being questioned by global health experts, who believe that the so-called “strain” is more likely the consequence of a lab processing error. The probable new variety was discovered by a researcher in…

US Fed Indicates A Rate Rise Sooner Than Expected To Fight Inflation

A “very tight” labor market and unchecked inflation could force the United States Federal Reserve to raise interest rates sooner than expected and begin decreasing its overall asset holdings as a second economic brake, policymakers at the US central bank said last month. The minutes from the Fed’s Dec. 14-15 policy meeting, which were released on…