Germany’s biggest network operators, including Deutsche Telekom, Telefonica Deutschland and Vodafone have sued the market regulator for placing new preconditions in the country’s 5G auctions which are to take place in early 2019. As per a report by German newspaper Die Welt, Deutsche Telekom has filed a lawsuit against Federal Network Agency for setting preconditions…
Amazon is planing to expand its Prime Now service to nearly all of its roughly 475 Whole Foods stores in the country and not just limit the expansion to Western North America. According to a report from the Wall Street Journal, Amazon.com Inc plans on expanding its Whole Foods Market portfolio by adding more stores…
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 cyber attack caused disruption to production systems in the Saturday edition of a number of newspapers, all of whom shared a common production platform. According to a report from the Los Angeles Times, a cyber attack, that appeared to originate outside the U.S., caused significant printing and delivery disruptions at several U.S. newspapers including…
Phillip Frost, 82, who according to Forbes magazine is worth $1.9 billion, was charged by the SEC, along with other defendants, of defrauding investors and made $27 million in improper gains. He has now settled the SEC charge by paying $5.52 million. Phillip Frost, Florida’s biotechnology billionaire has agreed to settle with the U.S. Securities…
The contract is for developing advanced hardware in support of the F-35 Lightning II aircraft. In a statement the Pentagon stated, Lockheed Martin Corp has been awarded a $712 million U.S. defense contract for the development of advanced hardware for the F-35 Lightning II aircraft.
The strategic move can potentially benefit both Apple and Foxconn as it can significantly diminish the impact of the U.S.-China trade war, as well as take advantage reduced import duties. According to a source familiar with the matter at hand, Apple Inc will begin assembling its high-end iPhones in India through a local unit of…
Despite investing heavily into automated driverless train and trucking solutions to haul ore to its port operations, Rio Tinto Plc stated, it will not be trimming jobs in 2019. On Friday, Australian mining company Rio Tinto Plc stated although it has deployed automated heavy-haul trains to slash costs, it however does not expect to trim…
The NCA is investigating whether a government translator with access to wiretap recordings has tipped-off the target of an insider-trading investigation. As per a report from the Wall Street Journal, the UK National Crime Agency (NCA) is examining allegations that an employee has leaked information to a suspect for money, thus undermining a probe into…
Sigfox has collaborated with conservationists and specialized groups, including the International Rhino Foundation, to develop this tiny sensor. In a development that could potentially positively impact the environment, Sigfox, a French tech company has developed a bite-size tracker that once inserted into the horns of rhinoceros can help conservationists track, monitor and protect the endangered…
business-gurus.com 