In a statement Valereum, a Blockchain company said, it would buy 90% of the Gibraltar Stock Exchange (GSX) to create the world’s first bourse where cryptoassets and shares and can be traded. Valereum, which is listed on London’s Aquis Exchange,… Read More ›
Regulations & Legal
Hewlett-Packard wins fraud case against British tech tycoon Mike Lynch
In a significant development, a British judged ruled tech tycoon Mike Lynch had masterminded an elaborate fraud to inflate the value of his company – Autonomy, before it was acquired by Hewlett-Packard for $11 billion in 2011. HP’s acquisition of Autonomy… Read More ›
Spying Concerns Prompt The US To Ban Chinese Telecom Giant China Unicom
The latest Chinese telecommunications behemoth to be barred from entering the United States due to “significant” national security and espionage worries is China Unicom. The Federal Communications Commission (FCC) announced that it had unanimously voted to terminate the company’s authorization… Read More ›
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 ›
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 ›
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 ›
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 ›
Singapore, Indonesia sign extradition treaty, defense agreements
In a significant development, Singapore and Indonesia have signed a bilateral extradition agreement aimed at bringing to justice those who have been accused of stashing offshore billions of dollars in state money. The two countries also signed bilateral agreements covering… Read More ›
WHO’s Tedros Says Conditions Globally Are Ideal For More Covid Variants To Emerge
The conditions are just right for the Covid-19 coronavirus to mutate into new versions, and it’s dangerous to think the pandemic is nearing its end, according to the WHO’s senior official. Director-General Tedros Adhanom Ghebreyesus told the WHO’s executive board… Read More ›
Euro Zone’s Rebound Stalled In January As Omicron Impacted Services: PMI
The euro zone’s economic recovery slowed, even more, this month, according to a survey released on Monday, as fresh limitations imposed to manage the omicron coronavirus variety slowed the bloc’s main services activity and prices continued to rise. With the… Read More ›