FCC proposes record $225 million for illegal robocall campaign

In a significant development, the Federal Communications Commission (FCC) voted unanimously to a proposal which sets a record $225 million in fine against Texas-based health insurance telemarketers for allegedly making around 1 billion illegal robocalls. The FCC’s orders named John C. Spiller II, and Jakob Mears, who used businesses, including Rising Eagle and JSquared Telecom…

Fujifilm sinking in $928 million to double drug manufacturing capacity at Hillerod Denmark facility

In a statement that sees Japan’s Fujifilm Holdings Corp stepping up its pivot towards healthcare, the Japanese giant said, it will spend $928 million to double its capacity at a drug manufacturing facility in Denmark, which it has pledged to use for producing COVID-19 treatments. Fujifilm Holdings Corp’s investment in Fujifilm Diosynth Biotechnologies will expand…

IBM exits facial recognition space, calls for transparency and police reform

In a letter to the U.S. Congress, International Business Machines Corp’s new Chief Executive Officer Arvind Krishna said, it will no longer offer facial recognition or analysis software; IBM is also calling for efforts to pursue justice and racial equity. IBM will stop offering facial recognition software and opposes any use of the technology for…

China Telecom (Americas) pleads with FCC for not revoking authorization to operate in U.S.

Late on Monday, the U.S. unit of China Telecom Corp pleaded with the Federal Communications Commission (FCC) to not revoke the company’s authorization to provide international telecommunications services in the United States. The development comes in the wake of the U.S. Justice Department along with other agencies asking the FCC in April to revoke the…

‘You’re The Kind Of Customer I’m Happy To Lose’, Says Amazon’s Bezos To Racist Customer

A customer of Amazon who was angry as he criticized the company’s support of the Black Lives Matter movement was given a befitting reply by the company’s CEO Jeff Bezos trough an e-mail. In an Instagram post late Sunday, Bezos described the customer’s email as “sickening” and added that the individual was just the kind…

Labels on state controlled media from Russian, China and others will be placed by Facebook

Facebook Inc said that it will start labeling media organizations that are that are state controlled by governments such as in Russia, China and other countries and will start blocking any advertisements from these media outlets that are targeted at users of the largest social media platform n eh United States later this year. According…

Astrazeneca Increases Potential Covid-19 Vaccine Production Capacity Two Folds To 2bn Doses

Following agreements with a number of entities, which includes two health organisations backed by Bill and Melinda Gates, pharma giant AstraZeneca has said that it has now managed to double its manufacturing capacity for its potential Covid-19 vaccine to 2 billion doses. The company had said last week that its capacity of manufacturing the vaccine…