The second quarter sale of fashion brand Zara owner Inditex rose above its pre-pandemic levels, outpacing its Swedish rival H&M, as both firms bounced back from the pandemic crisis. With more stores of Inditex, the biggest fashion retailer of the… Read More ›
Day: September 15, 2021
Two Data Privacy Investigations Launched Against TikTok By Its Lead EU Regulator
Two inquiries have been opened by the lead data privacy regulator for the Chinese owned short video sharing app TikTok within the European Union over the manner I n which the company processes children’s personal data and whether it transfers… Read More ›
Snap Inc hires Jacqueline Beauchere, its first global head of platform safety
On Wednesday, in a statement Snap Inc, Snapchat’s owner said, it has hired a longtime online safety advocate as its first global head of platform safety; the development comes at a time when the company continues to ramp up efforts… Read More ›
Sukumar Rathnam steps down as Uber’s head of engineering
Late on Tuesday, Uber Technologies Inc said, Sukumar Rathnam, its Chief Technology Officer is stepping down as the company’s head of engineering. Uber’s spokesperson did not specify the reason for Rathnam’s departure; Rathnam, who joined the company about a year ago,… Read More ›
Microsoft to buyback shares up to $60 billion, appoints Brad Smith as President and Vice Chairman
In a statement Microsoft Corp said, it has decided to buyback its shares worth up to $60 billion and raise its quarterly dividend by 11%. It has also appointed Brad Smith as its President and as its vice chairman. It also… Read More ›