Although it has played down this notion, it has not rejected it and has in fact taken steps towards being one. On Friday, in a significant development, German Foreign Minister talked to his Russian counterpart Sergei Lavrov on the North Korea crisis, said Russia’s Foreign Ministry. On Wednesday Germany had stated it would do everything…
The inability to provide a stable economic, and deliver cohesive governance will have long term consequences for the current U.S. administration. Stock prices across the globe went south for a second day following an exodus of U.S. executives from Donald Trump’s business councils thus dealing a fresh blow to hopes of promised tax reforms. For…
The Australian government seeks to empower its financial intelligence watchdog with investigative and enforcement powers. Australia has proposed enabling stronger money laundering laws, including bringing bitcoin providers under the jurisdiction of the its financial intelligence unit, following yet another fresh scandal at one of its biggest banks. The Australian has stated it would table a…
Swiss hearing aid giant Sonova tries to recapture the lead in hearing aid market with the launch of its direct streaming audio hearing aid devices. On Thursday,Swiss-based Sonova launched a new hearing aid that streams audio directly from wireless mobile devices. The launch closes the gap to its Danish peers who have pioneered a similar…
While Hyundai Motor has focussed on fuel cell technology, its peers including Tesla, have surged ahead in battery technology. On Thursday, Hyundai Motor Co disclosed it would be launching a long-range electric vehicle featuring a driving range of at least 311 miles (500 km) per charge after 2021. The annoucement is aimed at addressing investor…
It would appear that the talks were annulled midst a series of complaints over the usage of spyware developed by the NSO Group and how these would reflect on Blackstone. According to sources familiar with the matter at hand, the Blackstone Group has pulled out of advanced talks to acquire a stake in Israel’s NSO…
The brief urges the U.S. Supreme Court to side with the digital rights of citizens against intrusive governments breaches of privacy. More than a dozen technology companies along with Verizon Communications Inc, the biggest wireless operator in the U.S., have called on the U.S. Supreme Court to formulate rules that will make it harder for…
While it has provided limited info, there will be more clarity on the issue once it files its quarterly returns. In response to questions from the U.S. Securities and Exchange Commission, Qualcomm Inc has disclosed further details on the impact of its ongoing dispute with Apple Inc. As part of its response Qualcomm stated, revenues…
Finally a President who can stand up to China’s suspicious trade policies. In a significant development with long term inpact, U.S. President Donald Trump has authorized an inquiry into China’s alleged theft of intellectual property, in what has been described as a first step towards mitigating the trade imbalance between the two nations. With China…
Blockchain technology being used to validate, store and track healthcare data. The Bitfury Group has entered into an alliance with Insilico Medicine, a Baltimore-based medical artificial intelligence (AI) firm, to create new applications for the healthcare industry using blockchain. Blockchain technology, being developped in the private as well as in the public sector, has…
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