The European Union and China are trying to strike an agreement on investment by the end of the current year which will give the EU greater access to the Chinese market. Negotiations for this deal has been ongoing for the… Read More ›
Month: December 2020
Report Claims People From China’s Uighur Minority Can Be Identified By Alibaba’s Facial Recognition Tech
According to a report published by the surveillance industry researcher IPVM, facial recognition technology has been developed by the Chinese technology giant Alibaba Group Holding Ltd that is designed to specifically pick out members of China’s Uighur minority. This report… Read More ›
Bitcoin’s Value Crosses $20,000 And Hits An All-Time High
The virtual currency bitcoin broke its own record and touched an all-time high of as it went past the $20,000 mark. With the stock market in turmoil this year, the value of this volatile virtual currency has increased by more… Read More ›
Switzerland’s competition commission opens investigation against telecoms provider Swisscom
On Thursday, Switzerland’s competition commission (COMCO) stated, it has opened an investigation into Swisscom, a telecoms provider, and ordered the adoption of immediate precautionary measures to allow competitors access to networks during expansion of its optical fiber network. Swisscom is… Read More ›
U.S. & EU should iron out differences over subsidies to aircraft manufacturers: USTR
In a significant development, in an interview, U.S. Trade Representative Robert Lighthizer stated the United States and Europe should agree to be on the same page and collaborate in opposing any future “hurtful” subsidies used by China to build up… Read More ›
Nokia names Nishant Batra as CTO
On Thursday, in a statement Nokia named Nishant Batra as its chief strategy and technology officer. Batra will also be joining the company’s leadership team from January 18. Batra is currently the CTO at Veoneer, an auto technology group, and… Read More ›
Washington hopeful of mini-trade deal with London: USTR
In a statement, U.S. Trade Representative Robert Lighthizer told the BBC that Washington is aiming to seal a mini-trade deal with the U.K. which will see a reduction of trade tariffs. Hopefully, punitive tariffs on Scottish whisky could be lowered… Read More ›
Workers Vandalize India iPhone Factory Over Non-Payment Of Salaries By Apple Supplier
Workers at an iPhone factory in India run by a Taiwanese manufacturer vandalised it over claims that they were not been paid wages. This incident has prompted the iPhone maker Apple to start an investigation into it. People were seen… Read More ›
UK Business Urged To Stop Using Slave Cotton From China’s Uighur
A member of an influential parliamentary committee in the United Kingdom has issued a warning to the country’s business and companies that they should inquire and investigate the source of the cotton that they are purchasing and using so that… Read More ›
SMIC’s joint-CEO resigns marking setback for company’s future technology progress
On Wednesday, China’s SMIC, the country’s biggest chipmaker said, it is aware that Mong-song Liang, intends to resign from the board. His role in the company was that of co-chief executive. SMIC is working to verify Liang’s plans to leave… Read More ›
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