Spotify Will Launch Its Services In More Than 80 New Countries

The streaming platform Spotify will now have the opportunity to reach out to an additional one billion customers as the company plans to expand its business and launch its services in 85 new markets. The company made the announcement during a live streaming event that featured Justin Bieber, Prince Harry and Meghan Markle. A new…

Luxury EV maker Lucid Motors to go public with $11.75 merger with black check company Churchill Capital IV Corp

In a statement luxury electric vehicle maker Lucid Motors stated, it will go public by merging with blank-check firm Churchill Capital IV Corp in a deal that values the combined company at $11.75 billion. Incidentally, CCIV, which has the backing of Michael Klein, and new private investors are getting shares at different prices: the new…

Blockchain Technology Could Enhance Green Transparency Of Fashion Industry

Despite global fashion brands touting their desire and intention to achieve higher green operations, the complex nature of their global supply chains often inhibits the desire of the brands to use environmentally friendly materials. However this issue can be tackled with the use of blockchain technology that underpins cryptocurrencies such as bitcoin, believes TextileGenesis. Blockchian…

Israeli Researchers Claim America’s NSA’s Hacking Codes Were Copied By Chinese Spies

The first codes that were developed by the National Security Agency of the United States to be used in the country’s hacking operations were used by Chinese spies, claimed Israeli researchers said on Monday. If this claim is true, it would show how malicious software developed by agencies working for governments of countries can ultimately…

Australia sticks by principled stand on Big Tech, won’t amend laws: Australian Finance Minister

On Monday, in a significant development that marks Australia taking on big tech, Canberra said it will stick to its principled stand and will not change its proposed laws that takes on Facebook and Alphabet Inc’s Google forcing them to pay for news content, despite vocal opposition from the Big Tech firms. Facebook has reacted…

UK Competition Regulator Raises Concerns Over eBay’s $9.2bn Gumtree Deal

The competition regulator of the United Kingdom has warned of a possible reduction in consumer choice and an increase in the fees charged form people for online advertising of goods because of a $9.2bn deal that will create the largest classified ads business of the world. A combination of websites that are used by people…

US And Europe Should Work Together On Climate Change And Tech Rules, Says EU Chief

According to the European Union chief executive Ursula von der Leyen, the fight against climate change should be jointly worked out by Europe and the United States, while the efforts to limit the power of big tech firms should also be done by the two parties together by framing a mutually agreed  new framework for…

Australian Prime Minister Says Facebook At The Negotiating Table; News Blackout Still On

After the social media giant Facebook blocked news on its platform in Australia, the United States based tech giant is back at the negotiating table, said the country’s Prime Minister Scott Morrison on Saturday. There was wide spread anger in Australia after Facebook decided to abruptly prevent its Australian users from sharing news on the…