Canada is set to impose a ban on the usage of equipment from the Chinese tech companies Huawei Technologies Co Ltd and ZTE Corp for in the country’s 5G network with the aim of national security. With this move, Canada… Read More ›
Month: May 2022
Crypto-Loving South Koreans Gamble On Luna Rising From The Ashes
South Korean speculators have poured into Luna, a cryptocurrency that lost 99.99 per cent of its value last week after its linked stablecoin TerraUSD failed, figuring they have little to lose with prices so outrageously low. Both coins are linked… Read More ›
Google Private Browsing mode, not private: lawsuits
An amended lawsuit against Alphabet Inc’s Google has alleged that Google’s search engine collects data on users who think they can be anonymous if they use a “private browsing” mode, said Texas Attorney General Ken Paxton. In January, the state… Read More ›
Ukrainian ports blockade could be lifted once sanctions on Russia are reviewed: Andrei Rudenko
In a news bulletin Interfax news reported, Russia said sanctions by the West will have to be reviewed if it were to heed a U.N. appeal to open access to Ukraine’s Black Sea ports so that grain could be exported…. Read More ›
EU will not renegotiate post-Brexit trade rules: EU ambassador to UK
In a statement the EU’s ambassador to the UK, João Vale de Almeida said, the European Union will not give a new mandate to renegotiate post-Brexit trade rules for Northern Ireland since they have been agreed as part of the… Read More ›
China wants BRICS expansion
In a statement a senior Chinese diplomat said, Beijing wants to expand the group of emerging economies known as BRICS. The development will mark the first shake up of the bloc in over a decade. The bloc was formed in… Read More ›
EU exploring legal ways to use frozen Russian oligarchs assets for reconstructing Ukraine
In a statement, Ursula von der Leyen, the President of the European Commission said, the European Union is looking for ways to use frozen assets of Russian oligarchs to fund the reconstruction of Ukraine after the war. On Wednesday, the… Read More ›
East Timor’s new President aims to forge closer relations with China
Nobel laureate Jose Ramos-Horta has been inaugurated as East Timor’s new president on Friday. He has pledged to dedicate his time in office to strengthen national unity and forge closer ties with China. Thousands have travelled to Dili, the capital… Read More ›
European Commission sues 5 countries over non-compliance over for audio visual media services
On Thursday, in a statement, the European Commission said, it has referred Ireland, the Czech Republic, Romania, Slovakia and Spain to the EU Court of Justice over their failure to implement the revised directive for audio-visual media services. The European… Read More ›
Software maker SpotOn raises $300M in latest funding round
In a statement software maker SpotOn said, it had raised $300 million in a late-stage funding round led by investment firm Dragoneer, which valued the company at $3.6 billion. The fundraiser also saw participation from growth-stage venture capital fund G… Read More ›