United States chip maker Nvidia’s commitment build a new artificial intelligence (AI) lab in the city was questioned by technologists at the heart of the technology scene in Cambridge which is one of the academic powerhouses of Britain. Some have… Read More ›
Month: September 2020
Google Is Not Playing Fair Despite Record EU Antitrust Fine, Says Smaller Rivals
Smaller competitors of Google have alleged that despite being imposed a record antitrust fine from the European Union, anti-competitive practices in the mobile search market is still being conducted by the United States based tech giant. Thee rivals have claimed… Read More ›
Inequality Will Be Widened By Covidd-19 Without Global Action, Says IMF Chief
If government and other authorities do not take immediate steps to prevent the novel coronavirus pandemic from widening the gap between rich and poor countries, there will be a lost generation, said the head of the International Monetary Fund in… Read More ›
Huawei’s Kit In BT’s EE Network To Be Phased Out And Replaced With Nokia’s
The Finnish telecoms firm Nokia has struck a deal with British Telecom (BT) which will make it the largest equipment provider of the service provider as Nokia continues to benefit from the blocking of the Chinese telecom equipment maker Huawei… Read More ›
Boom In Sports Betting Underscored On News Of Possible Purchase By Caesars Of William Hill For $3.7B
The extent of the opportunities of business in online gaming and sports betting in the United States will be underscored by potential deal to acquire William Hill by Caesars Entertainment in a deal that would value the British bookmaker at… Read More ›
Negotiators begin drafting EU-UK legal framework
On Tuesday, according to a report from The Times, negotiators from the European Union have signaled their willingness on creating a joint legal framework with the UK. EU’s chief negotiator Michel Barnier said, he is ready to begin work on… Read More ›
World’s top executives want re-calibration of work-life: survey results
According to the results of a survey released on Monday, nearly eight out of ten corporate executives are re-evaluating their work-life balance after experiencing poor mental health during the Wuhan coronavirus pandemic. The survey which included many top executives from… Read More ›
Tesla secures lithium ore supply chain, signs deal with Australian miner Piedmont Lithium
On Monday, Australian lithium miner Piedmont Lithium stated, it has signed a five-year deal with U.S. electric carmaker Tesla Inc for the supply of high-purity lithium ore mineral. With the news reaching the market Piedmont Lithium’s shares surged by 83%,… Read More ›
Investors crowd South Korea’s Big Hit Entertainment, IPO oversubscribed by 1000+ times
On Monday, Big Hit Entertainment, the management label of South Korean hugely popular K-Pop group BTS, priced its initial public offering (IPO) at the top of its range, with buyers hoping to gain from South Korea’s biggest IPO in the… Read More ›
GM’s Mini EV A Hit In The Chinese Market
In the month of August, the Wuling MINI, the electric from SGMW, GM’s venture with partners SAIC Motor Corp and Guangxi Automobile Group, which made it the top selling electric vehicle in China for the month which exceeded the popular… Read More ›