Amnesty International wants battery makers to source minerals responsibly. Extraction of minerals for use in batteries have been linked to human right abuses. With all due respect to Amnesty, it should redirect its focus on the blatant harvesting of human… Read More ›
Entrepreneurship
Memory market likely to recover this year: Micron Technology
Although its second quarter profits have beaten analysts’ estimate, its profit forecast for the third quarter is well below Wall Street’s expectations. U.S. chipmaker Micron Technology Inc stated, it sees a recovery in the memory chip market in the coming… Read More ›
South Korean antitrust regulator KFTC lowers decade old fine on Qualcomm to $200 million
The cut in the fine comes in the wake of a Supreme Court ruling. The Korea Fair Trade Commission has made it clear that it will not tolerate a “monopolist enterprise’s abuse of its market position …” On Thursday, South… Read More ›
Report Claims 74% Of US Consumers Go To Amazon When They Want To Shop
A study by Feedvisor, a group that helps brands on issues related to e-commerce marketplaces, has revealed startling data which clearly shows that the retailers should be very worried about the dominance of Amazon over the e-commerce industry globally. In… Read More ›
Most banks short of compliance under Basel rules
Basel rules were created so as to avoid a scenario wherein taxpayer’s money is used to bail banks in case of a financial crisis. On Wednesday, financial regulators warned, top international banks will collectively require $34 billion (30 billion euros)… Read More ›
$1.32 trillion to leave London ahead of Brexit: EY
Asset managers, banks, and insurers in London are expanding their European operations or opening new offices there to avoid a disruption from Britain’s potentially chaotic departure from the European Union. On Wednesday, in a significant development, Earnest and Young (EY)… Read More ›
Franco-German Doctolib gains unicorn status in latest funding round
Its latest funding round included existing investors including investment firm Eurazeo, France’s state-owned investment bank Bpifrance and venture funds Kernel and Accel. Doctolib, a Franco-German startup which created an online booking platform for doctors stated, it has raised 150 million… Read More ›
Huawei’s cheap 5G equipment come with massive security implications
Apart from the asymmetry between the access that Chinese firms enjoy in foreign markets and the access China provides foreign companies in its markets, the real threat to national security is that China’s 2017 cybersecurity law obliges and forces citizens… Read More ›
Neuroscience-Based Videogames Being Tested By JP Morgan For Recruiting Interns
A unique method of recruitment of interns is being used by United States based investment bank JPMorgan Chase & Co. The bank is in the process of testing out video games based on neuroscience for the recruitment. This is part… Read More ›
Brexit slashes Britain’s economic growth to lowest in a decade
The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›