According to sources, the head of the Federal Aviation Administration (FAA) is set to testify before the U.S. House of Representatives on February 3 regarding the deployment of the new C-Band for 5G and its impact on aviation safety. The… Read More ›
Month: January 2022
Pershing Square Capital Management takes new position in Netflix Inc
With Netflix Inc’s shares touching a new low last Thursday, William Ackman has built a new stake worth $1 billion in the streaming service company. In a message to investors, Ackman said his hedge fund, Pershing Square Capital Management, had… Read More ›
US citizens in Ukraine should leave now: U.S. Embassy in Kyiv
The U.S. Embassy in Kyiv is urging US citizens in Ukraine to consider leaving the country as soon as possible citing the security scenario in the country. The security situation in Ukraine was “unpredictable due to the increased threat of… Read More ›
China’s Realme Entering Europe’s High-End Smartphone Market, To Launch New Handsets
Realme’s CEO has said that the company will enter the European market of high-end smartphones next month with its most expensive gadget yet, as part of a plan to grow apart from its budget offerings and sell 50 per cent more smartphones globally this… Read More ›
At Least $1.1 Mln NFTs Were Sold Lower Than Market Price Due To Marketplace Flaw
According to blockchain analytics firm Elliptic, a defect in the largest marketplace for non-fungible tokens (NFTs), OpenSea, allowing customers to purchase at least $1.1 million worth of NFTs for substantially less than market pricing. An NFT is a type of… Read More ›
Policies and trade tools will be overhauled to fight forced labor: USTR
In a statement U.S. Trade Representative’s office said it will conduct an inter-agency review of its trade tools and policies to fight forced labor in order to determine whether there are any gaps that need filling. The review, part of… Read More ›
Google cannot escape deceptive location tracking lawsuit: Arizona court
In a significant development affecting Alphabet Inc’s Google,a judge in Arizona has ruled, Google has deceived users with unclear smartphone location tracking settings; the court refused to toss out a lawsuit brought on by the state’s attorney general. Google had… Read More ›
US Qatar to discussion energy security on Jan 31
US President Joe Biden and Qatar’s ruling emir are set to hold negotiations at the White House on January 31, 2022 on a range of issues including global energy security, said the White House midst concerns about gas supplies to… Read More ›
Singapore, Indonesia sign extradition treaty, defense agreements
In a significant development, Singapore and Indonesia have signed a bilateral extradition agreement aimed at bringing to justice those who have been accused of stashing offshore billions of dollars in state money. The two countries also signed bilateral agreements covering… Read More ›
Temasek Holdings seeks to acquire controlling stake in Element Materials Technology for around $7 billion
Singapore’s Temasek Holdings has agreed to acquire Element Materials Technology for around $7 billion, in an attempt to boost growth in the testing and inspection services market, said two sources familiar with the matter at hand. State investor Temasek, which acquired… Read More ›