Author Archives
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Huawei Sued by Samsung Elec in China for Patent Infringement
A legal conflict between two smartphone rivals has been escalated in China as more legal suits are filed against one after the other had done so some time back. Huawei Technologies Co Ltd was sued for patent infringements through multiple… Read More ›
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Post Brexit, Amsterdam Is Coming to Get London (Business)
By focusing on quietly targeting specific sectors like clearing, fintech and high frequency trading, Amsterdam is taking a different approach from other European cities to lure London’s post-Brexit business. “Within that financial sector, there are parts, niches, clusters that will… Read More ›
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Lapses at DBS, UBS, Standard Chartered Uncovered in Singapore in Relation to 1MDB Scandal
Singapore’s central bank has said that it had found lapses and weaknesses related to the beleaguered Malaysian wealth fund which has embroiled DBS, UBS and Standard Chartered in the scandal surrounding 1MDB. Actions against the banks would be taken as… Read More ›
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$20 Million Raised by Start-up Developing Keyhole Surgery Robot
Backed by European automation giant ABB, $20.3 billion was raised by a start-up creating robots to assist surgeons in carrying out keyhole surgery. A surgeon is allowed to operate by only making a tiny incision rather than a large opening… Read More ›
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Return to Global Markets being Explored by Iran After 14 Year Hiatus
A year after a historic nuclear deal that offered it a route out of isolation Iran is seeking to finance an economic recovery by exploring a return to international debt markets for the first time since 2002. In a step… Read More ›
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Safety and Advisory Tips for Pokemon Go Gamers Issued by Spanish police and Middle East Countries
Following the release and the instant and magnanimous popularity of Pokemon Go, guidelines on how to safely use augmented-reality video games were issued for the public by the Spanish police on Monday. Tips like users and players of such games… Read More ›
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Autonomous Cars in Germany Need to be Installed with a ‘Black Box’
All cars with an autopilot function would now be manufactured in Germany would be required to be equipped with black boxes. According to a news report published by news agency Reuters citing sources in the transport ministry of the country,… Read More ›
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Chip-design Powerhouse ARM to be Bought by Japans Softbank for $32 billion
In a deal worth more than $32 billion, ARM Holdings the giant U.K. semiconductor firm that supplies part of the chip design used in Apple iPhones, will be bought over by Japan’s Softbank. This was announced by the two firms on… Read More ›
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BCG says Investment Banks’ Revenue Could be Cut by $8 Billion by Brexit
According to a report by the Boston Consulting Group, securities firms could be pushed to exit some trading businesses and the global investment banks’ revenue could be reduced by about $8 billion due to Britain’s vote to leave the European… Read More ›
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New Zealander Becomes the First Full-time Pokemon Hunter, Quits Job for Game
Amidst the global craze surrounding the Pokemon Go, a New Zealander has become the first individual to become a full time Pokemon player. Quitting his job, New Zealander Tom Currie has become a full time hunter of Pokemon. Describing his now… Read More ›