In its lawsuit Wixen Music Publishing has alleged that Spotify has made available thousands of songs to its users without getting a direct or a compulsory license from it which allows it to either distribute or reproduce the songs. Wixen Music Publishing Inc has sued Spotify, a music streaming company for allegedly using thousands of…
Google’s YouTube has made rapid gains in machine learning technology and said, 83% of violent extremist content is removed without the need for human intervention. Britain may impose new taxes on tech giants, including Facebook, Apple and Google, as it finds way to mitigate the threat of online extremism by taking down material aimed at…
Shares of AMS, a chipmaker appreciated by 206% in 2017. On Friday, European stocks steadied their footings and were set to post their strongest gains since 2013 buoyed by surging tech stocks as well as a robust resources sector. Although the eurozone blue chip stocks dropped by 0.1%, the pan-European STOXX 600 index remained flat,…
The filing of bankruptcy by Air Berlin has led to a capacity bottleneck leading to cheaper fares getting sold off faster, which in turn has led to rising prices for air fares in Germany. On Thursday, Andreas Mundt, the head of a German cartel office told German newspaper Sueddeutsche Zeitung that airlines should not be…
Among the measures South Korea will take is baning the anonymous opening of cryptocurrency accounts; the measures will also have legislative backing. On Thursday, the South Korean government said, it will impose additional restrictions in order to reign in wild speculation in Bitcoin, a cryptocurrency, that is being traded within the country. “The government had…
By extending the tax rebate on NEVs upto December 31, 2020, China aims to provide a financial support structure for green vehicles. In efforts aimed at boosting the adoption of hybrid and electric cars, China stated it will extend its tax rebate on the purchase of these new-energy vehicles (NEV) until the end of 2020.…
The Russian safety watchdog has called on the Japanese automaker to recall a series of its cars for issues concerning the deployment of its airbag. On Wednesday, Russia’s Rosstandart, a technical safety watchdog, has called Nissan Motor Co Ltd to recall 106,340 of its cars in Russia. As per Rosstandart, the recall would affect the…
While traditionally, digital currencies such as the bitcoin, have always been decentralized and provide anonymity to the holder of the currency, Israel’s digital currency is likely to be centralized and compliant with existing money laundering laws. Israel’s central bank, the Bank of Israel, stated it is examining the possibility of issuing digital currency in order…
With this move Belarus aims to further consolidate its booming IT sector and attract more foreign investors by allowing ICOs which are increasingly being frowned by regulators in other countries. In yet another instance of a cryptocurrency gaining legal foothold in the financial work, in efforts aimed at attracting foreign investment and boosting the growth…
China’s reputation in the cyber sphere precedes it. China Telecom is expected to start operations in the Philippines from the 1st quarter of 2018. On Thursday, ahead of the entry of Chinese firms in Philippines telecom market, the country is making heightened efforts to beef up cybersecurity measures midst national security concerns. Many senators have…
business-gurus.com 