According to a group of leading economists from Europe, bitcoin is unlikely to shake up the mainstream markets and as such the cryptocurrency poses no real treat to financial stability. There have been repeated warnings from senior financiers about the… Read More ›
Day: December 19, 2017
New Performance Report Suggests Apple Intentionally Reduces iPhone Speed As Batteries Get Old
The debate over whether intentional slowdown of its iPhones is done by Apple has been reignited by a new analysis of performance data. iPhones are deliberately made slower by Apple by reducing the speed of the processers the use of… Read More ›
Saudi Arabia’s 2018 budget to focus on economic development and expansion
Saudi Arabia wants to diversify and wean its economy from the singularity of oil exports. Its budget is expected to largely follow this framework. As per a senior official from Saudi Arabia’s Minitry of Finance, the Kingdom’s 2018 budget, scheduled… Read More ›
Apple appoints Michel Coulomb as head of sales in the world’s 3 biggest smartphone market
The moves comes midst Apple’s efforts to gain traction in the price sensitive Indian smartphone market, where its market share is under 3%. On Tuesday, with an eye on the world’ third biggest smartphone market, U.S. tech giant Apple Inc… Read More ›
Tokyo prosecutors raid Japanese construction firms over Maglev projects
The politically influenced construction industry in Japan has seen frequent alleged bid-rigging related issues crop up. The current issue revolves around laying maglev lines that link up Tokyo, Nagoya and Osaka. On Tuesday, prosecutors in Tokyo raided the headquarters of… Read More ›