Russia’s central bank advocated a total ban on the use and mining of all cryptocurrencies, citing threats to the country’s financial system and ecology. Cryptocurrency has all the signs of a pyramid scheme and threatens monetary policy sovereignty, according to a… Read More ›
Day: January 21, 2022
Amazon Will Launch Fashion Store With Algorithms Suggesting What Shoppers Should Try
The vision of Amazon.com Inc. for the departmental stores of the future comprises algorithmic recommendations and a “magic closet” in the fitting room, according to one corporate director of the company. The online retailer has announced that it will build… Read More ›
Google Spent 27% More In Lobbying In Washington In 2021 Amid Efforts Of Lawmakers To Curb Big Tech
According to the Senate lobbying disclosure database, Google expended 27 per cent higher on lobbying in the United States in 2021 than it did in 2020, with total spending of $9.6 million. That’s less than the more than $20 million… Read More ›
Germany Plans To Draw In 400,000 Skilled Workers From Foreign Countries Each Year
The new coalition government in Germany intends to bring in 400,000 competent foreign workers per year to address a demographic imbalance as well as labor shortages in key industries that might jeopardize the country’s recovery from the coronavirus outbreak. “The… Read More ›
Germany aims to attract 400,000 qualified workers from overseas to manage labor imbalance
German aims to attract 400,000 qualified workers from overseas every year in order to mitigate a demographic imbalance and labour shortages in key sectors that risk undermining the recovery from the coronavirus-induced COVID-19 pandemic. “The shortage of skilled workers has… Read More ›
Intel’s $20 billion chip plant in New Albany, Ohio is only first among eight factory complexes
On Friday, Intel Corp announced, it will invest $20 billion to set up a new chip manufacturing center near Columbus, Ohio which will develop and manufacture advanced semiconductors. The investment will create at least 3,000 permanent jobs on a 1,000-acre… Read More ›