While the move is expected to dent the already low margins of low-cost carriers, it is to be seen how it will impact inbound visitors. On Tuesday, Shinya Katanozaka, the CEO of Japan’s biggest airline by revenue stated, if Japan were to impose a departure tax on airlines, its impact will ripple though a big…
Smartwatches for children have been described as being spying devices by a German regulator which has also banned the sale of such devices aimed at children. Similar reasons had been behind the same regulator earlier banning an internet-connected doll called, My Friend Cayla. Parents of children with such smartwatches were urged to destroy the devices…
French Prime Minister made it amply clear that France will not tolerate any takeover which is deemed as hostile for its national industries. On Monday, French Prime Minister Edouard Philippe made it clear that the French government will put its weight behind national companies and will not allow any takeover that are deemed as hostile.…
The mysterious launch of the Zuma spacecraft by the U.S. aerospace firm SpaceX was rescheduled for a later date with the aim to review “data from recent fairing testing for another customer.” “Though we’ve preserved the range opportunity for tomorrow, we’ll take the time needed to complete the data review and then confirm a new…
While Elon Musk has traditionally managed to win over investors with his visions, winning over analysts promises to be a lot harder. Here’s why. In an interesting tun of events, Tesla Inc upstaged the debut of its own electric heavy duty truck by showcasing a brand new $200,000 red roaster sports car which Elon Musk,…
Russia is ‘seeking to undermine the international system’, says the head of the UK’s National Cyber Security Centre. For the first time, the head of the UK’s National Cyber Security Centre has confirmed that energy companies, telecoms and the British media were attacked by Russian hackers. No further details were provided by Ciaran Martin, the…
General Motors plans to make a profit from the manufacture of a new family of electric vehicle which the company wants to launch in 2021 and will be less costly to make, said the Chief Executive Mary Barra of the No. 1 U.S. automaker. Reporting the largest ever quarterly loss recently was Tesla – a…
The report by Brookings Institution is an eye opener. Brookings Institution, a Washington think tank, has conducted a study which concludes that digital tools are increasingly playing a pivotal role in transforming every workplace across industries in the U.S. According to the study, the usage of digital tools has increased dramatically in 517 of 545…
Companies across the global are pushing the advance of AI-based deep learning for facial recognition technology. The multi-billion dollar industry is seeing rapid adoption by China as it tries to enforce a rigid framework on its citizens much like its firewall which limits its citizens’ usage of the internet. On Wednesday, the SenseTime Group, a…
The new rules aim to balance the requirements of having a basket of vulnerabilities to conduct cyber attacks against enemy systems with that of protecting domestic industry and consumers from cyber attacks from foreign intelligence agencies, criminals and hackers. As per a national security official, speaking on the condition of anonymity, on Wednesday the Trump…
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