US, Canada, Australia launch interactive map of critical minerals

In a significant development, the United States, Canada and Australia have teamed up to create and launch an interactive map of deposits of rare earths and other critical minerals that are expected to be in hot demand as the world moves to cleaner forms of energy. The website portal.ga.gov.au/persona/cmmi contains the world’s largest dataset of minerals such…

China biggest cryptocurrency mining machines Bitmain suspends sales

In a statement China’s biggest maker of cryptocurrency mining machines Bitmain said, it had suspended sales of its products in the spot market to help ease selling pressure. The development comes after Beijing imposed a ban on mining bitcoins. Bitmain said, it is looking for “quality” power supplies abroad and is looking for foreign clients…

Canada will introduce digital service tax on tech giants from 2022

In a statement Canadian Trade Minister Mary Ng said, Toronto has reiterated to Washington that it plans on going ahead with a digital services tax; the potential move is likely to impact U.S. tech giants including Facebook and Alphabet Inc’s Google. Ng made the remarks in bilateral talks with U.S. Trade Representative Katherine Tai, who has…

Isuzu partners with Silicon Valley self-driving startup on autonomous delivery trucks

On Tuesday, Isuzu North America Corp and silicon Valley self-driving startup Gatik said, they will collaborate to build autonomous delivery trucks which will be used by Gatik to serve its retailer customers. Gatik works with Walmart Inc in Louisiana and Arkansas and with Loblaw Companies Ltd in Canada to deliver goods to stores from warehouses…

Global CEOs downsize physical office spaces, accelerate move towards digital workspace: KPMG survey

According to the results of a survey released on Tuesday, companies across the glove are moving their operations online so as to cut expenses related to office space and make recruiting and retaining staff part of their top priorities. The survey by accounting firm KPMG showed, 80% of business leaders had accelerated their digital expansion…

Oracle held preliminary talks to acquire TikTok’s operations in the U.S., Australia, Canada, and New Zealand

According to sources briefed on the matter at hand, Oracle Corp has had preliminary talks with ByteDance, TikTok’s owner, and was seriously considering purchasing the app’s operations in the United States, Australia, Canada, and New Zealand. Earlier this month, Twitter Inc had expressed an interest to acquire TikTok’s U.S. operation and had approached ByteDance for…

Documents show Huawei shipped prohibited U.S. hardware and software to Iran

Although China’s Huawei Technologies has been consistently denying for years that it has not violating American trade sanctions on Iran, internal documents from the company which dates back to 2010 show that it was directly involved in sending prohibited U.S. computer equipment to Iran’s largest mobile-phone operator. As per internal documents from Huawei, two of…