Author Archives
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Netflix’s Lacklustre Growth Projections Cast A Cloud Over The Video Streaming Industry
Even as Netflix Inc executives attempted to reassure investors in a Thursday video interview that the company’s long-term streaming media prospects remain bright, with its popular series “Bridgerton” set to return for a second season and a science-fiction film starring… Read More ›
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Race To Quickly Deliver Groceries Among Indian Grocery Startups Puts Riders At Road Safety Risks
Indian grocery startups are enticing tech-savvy consumers with the guarantee of 10-minute deliveries, igniting a surge in “quick commerce” while also raising concerns about road safety as bike riders rush to meet tight deadlines. Amazon, Walmart’s Flipkart, and Indian billionaire… Read More ›
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ECB’s Lagarde Says Nothing Like ‘The Great Resignation’ Being Seen In Europe
According to European Central Bank President Christine Lagarde, inflation in the euro region is unlikely to reach the levels witnessed in the United States. The ECB’s monetary policy has been questioned due to the euro zone’s high inflation, with the… Read More ›
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Complete Ban On Crypto Mining And Trading Proposed By Russia’s Central Bank
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 ›
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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 ›
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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 ›
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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 ›
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US Mobile Companies Agree To Implement A Further Deal In 5G Deployment At Airports
AT&T and Verizon, two major US wireless carriers, have agreed to delay the launch of their new 5G service at some airports. The C-band service, which provides faster speeds and more coverage, was supposed to go live tomorrow. However, airlines… Read More ›
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More Expats Could Leave Hong Kong Due To Tough Covid Laws, Reveals Survey
According to a key business group, more than 40 per cent of its members are considering leaving Hong Kong because of the city’s draconian coronavirus regulations. Border closures, according to the American Chamber of Commerce in Hong Kong, are a… Read More ›
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India’s Near Term Growth Expected To Be Hit By Third Wave Of Covid-19 Infections
Even though the overall economic impact of the third wave of Covid-19 infections is expected to be less disruptive than prior waves, some economists foresee weaker growth in the short term for the Indian economy. In a January 9 note, Citi economists Samiran Chakraborty… Read More ›