International Business Machines Corp’s second quarter profits have beaten analysts’ estimates underscoring heightened demand in its cloud computing business with large companies accelerating their shift induced by the coronavirus crisis. With the news reaching the market, shares of the company… Read More ›
Creativity
UK Study Claims A ‘Breakthrough’ Treatment Can Reduce Risk Of Covid-19 Deaths
The preliminary results released by a British biotech firm have claimed that there can be a drastic reduction in the number of new coronavirus patients dying because of Covid-19, the disease caused by the novel coronavirus, or requiring intensive care… Read More ›
TikTok Says It Is ‘Not Under Chinese Government’s Thumb’
Accusations brought against it that it is completely controlled by the Chinese government have been denied by the video sharing app TikTok. The company would refuse any request from China to hand over data, said Theo Bertram, TikTok’s head of… Read More ›
Britain to suspend extradition treaty with Hong Kong
On Monday, in a significant development, reports from the Daily Telegraph and the Times stated, Britain will be suspend its extradition treaty with Hong Kong today following forceful introduction of China’s national security law in the former British colony. Accusing… Read More ›
Discount retailer Dollar Tree names Michael Witynski as its CEO
On Monday, in a statement discount retailer Dollar Tree Inc stated, it has promoted its enterprise president Michael Witynski as its chief executive officer. Witynski wil be replacing Gary Philbin. Dollar Tree said Philbin, who will be retiring, will continue… Read More ›
EU-US Data Privacy Pact Struck Down By Europe’s Top Court
Following a court ruling that the transatlantic agreement in its current form is insufficient to protect the data of European citizens from United States surveillance, new modes of transferring of data from Europe to the United States now may have… Read More ›
Microsoft President Says Staggering Jobs Challenge Faced Globally
According to the president of Microsoft, Brad Smith, with about a quarter of a billion people set to lose their job this year because of the novel coronavirus pandemic, the world is facing a staggering jobs challenge. And with the… Read More ›
UN And IEA Calls For Converting To Energy-Efficient Cooling Systems To Fight Climate Change
A new report from the United Nations Environment Programme and the International Energy Agency has urged that one of the major ways to reduce the emission of greenhouse gases and limiting climate change is to converting to energy-efficient cooling systems… Read More ›
New York Governor Andrew Cuomo announces $750M investment program to expand electric vehicle infrastructure
In a development that underscores the growth of electric vehicles, New York Governor Andrew Cuomo announced an investment program that allocates $750 million to build charging stations and other electric-vehicle infrastructure, as part of New York’s state’s long term goal… Read More ›
Russia expects to produce AstraZeneca’s COVID-19 vaccine: Kirill Dmitriev
In an interview on Friday, Kirill Dmitriev, the head of the Russian Direct Investment Fund stated, Russia expects to sign a deal with AstraZeneca wherein it will manufacture the COVID-19 vaccine being developed by the pharmaceuticals giant and Oxford University…. Read More ›