Author Archives
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ABB acquires controlling stake in InCharge Energy
On Thursday, in a statement ABB said, it had acquired a controlling interest in U.S-based InCharge Energy, which specializes in electric vehicle (EV) commercial charging infrastructure. ABB, which makes industrial automation and factory robots said, the acquisition built on an initial investment… Read More ›
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Chinese state backed hacker group APT 27 targeting German companies: Federal Office for the Protection of the Constitution
In a statement Germany’s Federal Office for the Protection of the Constitution (BfV) said, China’s state backed hacking group APT 27 which since long is suspected of launching attacks on Western government agencies, is now targeting German companies in sectors… Read More ›
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Intel scores huge antitrust fine win in EU’s second highest court
In a significant development, Intel won a landmark $1.2 billion (1.06-billion euro) antitrust fine from the European Union with the Europe’s top court ruling in favour of Intel’s arguments. The ruling by the court is likely to cheer Alphabet’s Google as… Read More ›
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Galapagos NV names Paul Stoffels as CEO
Belgian drugmaker Galapagos NV has named former Johnson & Johnson senior executive Paul Stoffels as its CEO, effective from April 1, 2022. Since 2012, Stoffels was the chief scientific officer at Johnson & Johnson and has spearheaded the development of its single-shot… Read More ›
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Head of FAA to testify before U.S. House of Representatives
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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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