National Crime Agency & the Financial Conduct Authority investigating leaks in insider trading investigation

The NCA is investigating whether a government translator with access to wiretap recordings has tipped-off the target of an insider-trading investigation. As per a report from the Wall Street Journal, the UK National Crime Agency (NCA) is examining allegations that an employee has leaked information to a suspect for money, thus undermining a probe into…

France’s Sigfox develops tiny sensors to track and monitor endangered species

Sigfox has collaborated with conservationists and specialized groups, including the International Rhino Foundation, to develop this tiny sensor. In a development that could potentially positively impact the environment, Sigfox, a French tech company has developed a bite-size tracker that once inserted into the horns of rhinoceros can help conservationists track, monitor and protect the endangered…

Tesla invests $2 billion into its Shanghai Gigafactory

This strategic investment aligns multiple sweet spots: in a single stroke Elon Musk is increasing Tesla’s footprint in China, the world’s biggest auto market, boosting production capacity and export potential while facing Chinese EV startups head-on. In a development that marks Tesla’s latest attempt to boost its footprint in China, as per a local business…

Amazon Uses Ex-US Gov. Exec. To Lobby With Federal Gov On Web Portal: The Guardian

The level to which Amazon has been able to own unrivalled position of power within the United States federal government has been underscored by the degree of lobbying by its officials, according to a report published in The Guardian. The report claims that the Trump administration was advised by a top Amazon executive in private…

China’s state planner approves $8.01 billion for high-speed railway project

The project is aimed at boost regional connectivity and comes in the wake of a slowdown in the domestic economy. On Tuesday, in a development that boost inter-state connectivity, China’s state planner stated, it has approved a high-speed railway project in Shaanxi, a province in northwestern China. The high-speed railway project has a total investment…

HNA Technology Co Ltd in preliminary talks with Apollo Global management LLC to sell Ingram Micro

HNA Technology Co Ltd has reported the same in a filing to the Shanghai stock exchange albeit without disclosing the name of the buyer. On Monday, as per China’s HNA Technology Co Ltd’s filing to the Shanghai stock exchange, it is holding preliminary talks with a concerted party to sell U.S. electronics distributor Ingram Micro…

SpaceX launches 1st U.S. military navigational satellite

The launch is huge for SpaceX since it marks its first ever national security space mission for the United States. In what is possibly a milestone in SpaceX’s corporate history, Elon Musk’s privately held rocket company has blasted off from Florida’s Cape Canaveral on Sunday carrying a U.S. military navigation satellite, marking the launch as…