Afghanistan banks have been pushed into a possible crisis and a very uncertain future as they face the threat of over a range of issues – from liquidity to employment of female staff, since the takeover of the country by Taliban, even though the country’s banking system is considered ot be critical for any possible…
According to the results of a study released on Tuesday, Facebook Inc, Google and Microsoft Corp are the three biggest lobbying spenders in Europe as they battle new laws aimed at curbing their influence on social media. Such lobbying efforts are a wake-up call for EU policymakers to further beef up the draft laws and…
Share of Robinhood Markets Inc fell by nearly 7% on Monday following a news that PayPal Holdings Inc may start an online brokerage service. Reports have also emerged saying, regulators were looking at imposing a potential ban on a practice that accounts for the bulk of the company’s revenue. Shares of Robinhood extended an early…
Multinational companies are exiting from the crisis-stricken OPEC nation of Venezuela and the latest company to do so is the Japanese oil company Inpex Corp which sold off two of its oil and gas assets in the country to Caracas based Sucre Energy Group, said reports quoting sources. 70 per cent stake in Inpex’s Gas…
It took Singapore’s Shopee, owned by Sea Ltd, just two years to become the shopping app in Brazil with the highest number of downloads as the platform attracted consumers with its low cost offers and its unique approach to e-commerce – use of mini-games in the app with winners being offered coupons for shopping, The…
Tesla’s CEO Elon Musk has been quoted by the Telegraph as saying, he is concerned over Nvidia Corp’s planned acquisition of British chip designer Arm since it could impact competition. Telegraph’s report also mentions that Amazon.com Inc and Samsung Electronics Co Ltd have also raised opposition to the deal with U.S. authorities. Earlier this year, the US FTC…
In a statement audio-only chat app Clubhouse said, it will launch a spatial audio feature to make voices sound as if they’re coming from different directions, in efforts aimed at making virtual conversations and performances feel more life-like. Backed by venture capital firm Andreessen Horowitz Clubhouse, jumpstarted the social audio trend last year and became…
All of its self-driving e-Palette transportation pods at the Tokyo Paralympic Games village were suspended by Toyota Motor on Friday after a visually impaired pedestrian was injured in a collision with one of the vehicles. Apologizing for the accident, Toyota Chief Executive Akio Toyoda, in a YouTube video, said that he had tried ot meet…
The top social media platforms of China, including Wechat, Douyin, Sina Weibo and Kuaishou, old start to rectify irregular practices of “self-media” accounts that are engaged in publishing financial information, the compaies said on Saturday, according to a report by the Chinese state media Global Times. This move was announced by the company after an…
An application for an initial public offering was filed confidentially with regulators by the electric vehicle maker Rivian which sets the stage for an awaited listing of the company at e end of the year with the company looking to benefit from the IPO market that is currently booming in the United States, Rivian said…
