Twitter Bans All Political Ads, Pressure On Facebook To Follow Suit

While Facebook still refuses to do anything about political ads that appear on its social media platform even as lawmakers and regulators in the United States and elsewhere clamor for the social media company to exert more control over fake political ads, its fellow social media company Twitter has announced that it would be banning…

All models of DJI’s drones grounded by U.S. Department of Interior

Only those DJI drones that are used for critical operations and public safety have survived the ban. On Thursday, Chinese drone maker DJI stated, the U.S. Department of Interior has grounded all non-emergency Chinese-made or part-made drones as part of a review of its entire drone program. Shenzhen-based DJI has confirmed that that the department…

‘Three Times More People’ To Be Affected By Sea Level Rise Due To Climate Change

A new research conducted by Climate Central, a US-based non-profit news organization, has conclude that later this century, millions more people will be put at risk because of coastal flooding due to rising sea levels driven by climate change. The research also noted that areas that are projected to be below high-tide lines come 2100…

Good Shingles Vaccine Sales Prompts GSK To Raise Profit Forecast

The sale of shingles vaccine of GlaxoSmithKline beat market expectations and the continued good performance of the company’s older medicines, including HIV treatments prompted the drug making company to raise its annual profit forecast for the second time this year. Following the announcement by the British drug maker about its expectations of profit for the…

Japanese Car Makers Buck Downturn In Chinese Auto Market

The first eight months of the current year have been good for Japanese car companies operating in China despite the prolonged downturn in the Chinese auto market, with 14 straight months of contraction, as well as the broader Chinese economy. According to the China Association of Automobile Manufacturers, in August, the overall vehicle sale in…

Cyber attack on Asian ports could cost $110 billion: Lloyd’s of London

A report prepared by University of Cambridge Centre for Risk Studies, on behalf of the Cyber Risk Management (CyRiM) project, in partnership with Lloyd’s, a cyber insurer. On Wednesday, a report backed by Lloyd’s of London stated, a cyber attack on Asian ports could cost a whopping $110 billion equivalent to half of the total…

Huawei increases domestic marketshare at the cost of its domestic rivals

Oppo, Vivo, Xiaomi and Apple, together, controlled 50% of the Chinese market. On Wednesday, according to market data released today, China’s Huawei Technologies has increased its footprint in its domestic smartphone market, with shipments rising by 66% in the third quarter. Although the Chinese smartphone market contracted by 3% in the third quarter in comparison…