Volkswagen ID.4 compact SUV comes with 3 years unlimited charging in US

In a statement German auto giant Volkswagen AG said, owners of its ID.4 compact electric sport utility vehicle will gain three years of unlimited charging in the United States. This will at no additional cost to the price of the vehicle. Customers who purchased or leased its ID.4 electric SUV, which was launched in August…

Trump does not want ByteDance to have controlling stake in TikTok: senior administration official

According to a senior administration official who spoke on the condition of anonymity, regardless of how China’s ByteDance positions the divestment of its short video sharing app TikTok, U.S. President Donald Trump does not want it to have a controlling stake in TikTok, since it will place Americans’ personal information at risk. Despite China’s bravado…

Organisation for Economic Cooperation and Development readies launch of global digital tax readies

France has accused the United States of trying to undermine international negotiations on updating the cross-border taxation regime; Paris has urged the EU to prepare for an EU tax as a fallback option if negotiations fails. Nearly 140 countries are negotiating the first major rewrite of the international tax framework to account for the rise…

Portland’s city council bans govt and corporate use of facial recognition technology

Portland has voted for the first ever ban on facial recognition in the United States in private entities, including restaurants and retail stores, as well as in public places in the city. Portland’s city council voted to ban local government bureaus from acquiring or using facial recognition surveillance technology. Other U.S. cities which have previously…

Samsung Electronics bags $6.6 Billion Verizon 5G network equipment contract

In a significant development, Samsung Electronics has won a $6.64 billion order to provide wireless communication solutions to Verizon in the United States. The development marks the bagging of a major order by the South Korean company in the burgeoning 5G telecommunications market. The company’s global prospects have risen significantly following U.S. sanctions on Huawei,…

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…

Trump issues executive orders to ban TikTok and WeChat in 45 days

In a significant development, U.S. President Donald Trump stated, the United States will ban China-owned ByteDance’s TikTok video-sharing app, and Tencent’s WeChat app, in 45 days. The development comes in the wake of the Trump administration stepping up efforts to purge “untrusted” apps, including Chinese ones, from its digital networks citing “significant threats” posed by…