Australian Prime Minister Scott Morrison said that if Facebook Inc leaves Australia over rules that seek to hold the company accountable for defamation on its platform, it will demonstrate that it has no interest in making the online world safer…. Read More ›
Month: November 2021
CBI Data Shows Record Cost Inflation For Firms In UK’s Services Industry
A survey of businesses in the British services sector released on Tuesday showed that the input costs for companies in the sector are increasing at their fastest pace in more than 20 years. This finding highlights the reason why… Read More ›
Existing COVID-19 vaccines are unlikely to be effective against Omicron COVID-19 variant: Moderna’s CEO Stéphane Bancel
In a significant development, Moderna’s CEO Stéphane Bancel said, it is unlikely that existing COVID-19 vaccines will be effective against the Omicron COVID-19 variant. With Bancel’s comments reaching the market, crude oil futures shed more than a dollar, the Nikkei gave… Read More ›
Samsung unveils advanced chips for auto market
On Tuesday, Samsung Electronics unveiled its latest line of chips aimed at the auto market. Samsung’s advanced chips will be mounted in Volkswagen’s infotainment system developed by LG Electronics. There is a rising demand for “high-tech” automotive chips that can handle more… Read More ›
Britain’s services sector seeing price rise fastest in 2 decades
According to the results of a business survey released on Tuesday, costs for businesses are rising at their fastest rate in more than 2 decades for Britain’s services sector. As a result the Bank of England is likely to soon… Read More ›
Twitter’s CEO Jack Dorsey hands over reigns to Parag Agrawal
Twitter Inc’s CEO Jack Dorsey has stepped down from his role following which Parag Agrawal, Twitter’s Chief Technology Officer is set to lead the company. Agrawal, a 10-year veteran in Twitter, has signaled a tacit endorsement of a board strategy… Read More ›
US President Biden To Talk To CEOs Over Supply Chain Crisis As New Covid-19 Threat Looms
President Joe Biden was scheduled to meet with the chief executive officers of big retailers as well as other businesses on Monday to discuss the best way to bring products to the shelves when holiday shopping season in the U.S…. Read More ›
WHO Says Very High Global Risk Posed By Omicron
The highly altered Omicron coronavirus strain is expected to be spread across the globe and carries a significant possibility of outbreaks of infection which could result in “severe consequences” in some locations The World Health Organization (WHO) announced on Monday…. Read More ›
Fuel-Price Spike Helped Growth Of Japan October Retail Sales
Japan’s retail sales grew in the very first instance in the past three months in October. However, it was lower than anticipated, and the overall trend in private consumption suggested that the country is experiencing a prolonged strain on the… Read More ›
Australia will introduce legislation to force tech giants to act on defamatory content: Australian Prime Minister Scott Morrison
In a statement Australian Prime Minister Scott Morrison said, Canberra will soon introduce legislation to make social media giants provide details of users who post defamatory comments. The development comes at a time when the Australian government is looking to… Read More ›