Author Archives
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Chip Shortage Will Affect iPhone Production, Says Apple, Forecasts Slow Growth
Production of iPhones is likely to be affected by the global chip shortage, said Apple Inc on Thursday, while saying that sale of its Macs and iPads have been hit by the shortage. The company also forecast slower revenue growth… Read More ›
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Following Record Quarterly Profit, Microsoft Forecasts Steady Cloud Revenue Growth
A boom in demand for its cloud services more than adequately offset a decline in sale of its PCs because of the global chip shortage helped Microsoft Corp to post its most profitable quarter on Tuesday as it comfortably beat… Read More ›
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Record Car Deliveries Propels Tesla’s Profits For Second Quarter
Even in the face of a global shortage of semiconductor chips for the auto industry and a delivery delays because of congestion at ports hitting its production, a surge in profits for the latest completed quarter was reported by the… Read More ›
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70% Vaccination Target To Be Achieved By End Summer, Says EU
At least 70 per cent of the adult population of the European Union will get vaccinated by the end of summer as previously announced by the bloc since that very percentage of EU residents 18 years or older have received… Read More ›
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South Korean Study Finds Covid-19 Antibody Levels Boosted By Mixed AstraZeneca-Pfizer Shots
A new study from South Korea has found that a mixed dosage of Covid-19 vaccination was able to boost the neutralizing antibody levels by six times compared to two doses of the same vaccine. The study was conducted using the… Read More ›
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Cryptocurrencies Surge After Amazon Put Out Bitcoin Job Advertisement
Following the revelation of that the e-retailer Amazon.com about it hiring an expert in the field of cryptocurrencies, the value of some cryptocurrencies surged. The company put out an advertisement for a “digital currency and blockchain product lead” to look… Read More ›
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Mercedes-Benz Gets Ready To Rival Tesla In All-Electric Vehicles Segment
Investments of more than 40 billion euros ($47 billion) by 2030 is being planned by the Mercedes-Benz maker Daimler to prepare itself for development of electric vehicles (EV) to take on the United States based market leader Tesla, the company… Read More ›
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New Report Predicts Loss Of Bank Market Share In Some Areas In Q2 For Deutsche Bank
The market share of the investing unit of Germany’s biggest lender, Deutsche Bank, dwindled across an array of key services during the second quarter, according to data available from Dealogic, which highlighted the fragile recovery at the bank. At the… Read More ›
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$50m Reportedly Demanded By Hackers From Saudi Aramco Over Data Leak
Company data from one of the contractors of Saudi Aramco, the most valuable oil producer of the world, was leaked, the Saudi oil giant has confirmed. Such leaked data is now reportedly being used for an attempted extortion of $50milion… Read More ›
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EU Rejects UK’s Demand For Changes In Post-Brexit Deal On Northern Ireland
The European Union rejected a demand by Britain that the deal that was signed just about a year ago between the UK and the EU and one that oversees the problematic post-Brexit trade involving Northern Ireland should be rewritten. … Read More ›
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