Alphabet Inc’s Google is set to invest $7 billion in data centers and offices across the U.S. in 2021, down from $10 billion last year; the move will create 10,000 new full-time jobs as it takes on a pandemic-driven surge in internet traffic. The move will see the tech giant expand its data centers in…
In a significant development, Chicago’s city counsel has approved a proposal which will see an imposition of increased taxes on certain ride-hailing trips. The move is aimed at combating traffic congestion in the city. Incidentally, the city counsel and ride providers have accused each other of penalizing low-income passengers. As per Mayor Lori Lightfoot’s plan,…
The U.S. District ruled in favor of Google since the plaintiffs did not suffer any “concrete injuries.” A U.S. judge threw out a lawsuit filed by consumers against Google on the grounds of lack of “concrete injuries.” A group of consumers had claimed that Google’s photo sharing and storage service violated their privacy. U.S. District…
The move is likely to impact the revenues of brick-and-mortar supermarket stores. Bloomberg has reported citing 3 sources familiar with the matter at hand as saying, Amazon.com Inc is mulling a plan to open as many as three thousand Amazon Go cashierless stores in the country in the coming years. With the news reaching the…
While analysts and traders see this phenomenal rise as a bubble, many market participants opine that its burst will have a limited fallout given its market capitalisation. On Monday, with the price of bitcoin skyrocketing to one fifth of its value, marking a new milestone for the cryptocurrency, Asian markets climbed to a new high…
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