A directive from the commerce ministry of China ordered all hosts and influencers of the country who livestream to market products of companies on online platforms should be speaking only in Mandarin and dress up appropriately in the efforts of… Read More ›
Regulations & Legal
Tencent Q2 Profits Beat Estimates Driven By Growth In Gaming And Advertising
A growth in revenues from popular games as well as a rise in online advertising sales helped the Chinese gaming and social media giant Tencent Holdings to comfortably beat analysts’ estimates of profits of the second quarter with a jump… Read More ›
Blue Origin files lawsuit against US government over awarding $2.9 billion contract to SpaceX
Blue Origin has filed a lawsuit against the U.S government over NASA’s decision to award a $2.9 billion lunar lander contract to SpaceX. In its lawsuit Blue Origin said, its lawsuit is “an attempt to remedy the flaws in the… Read More ›
Chinese state owned companies have stakes in ByteDance and Weibo
Corporate records show that the Chinese government has stakes in Chinese entities owned by ByteDance and Sina Weibo. The news comes midst widening regulatory crackdown on the industry. Shareholder data from the National Enterprise Credit Information Publicity System shows WangTouZhongWen… Read More ›
US Approval For Operating Undersea Data Cable Filed By Facebook, Amazon
Tech giants Facebook Inc and Amazon.com Inc have sought approval from the United States government for starting operations of a new undersea data cable between the Philippines and California following the exit of China Mobile from the plan, said a… Read More ›
Taliban should not be recognized as Afghanistan’s government: Boris Johnson
In a statement British Prime Minister Boris Johnson said, countries across the globe should not recognise the Taliban as the government of Afghanistan saying, it was clear that there would be a new administration in the country shortly. “We don’t… Read More ›
Pakistan-backed terror group Taliban gains full control over Afghanistan
In a statement a spokesman for the Taliban’s political office said, war was over in Afghanistan and called for peaceful relations with the international community. In an interview with Al Jazeera TV, Taliban’s spokesman Mohammad Naeem said, the Taliban did… Read More ›
BHP Could Announce Decision On Exiting Petroleum Business Next Week
With growing pressure to cut its fossil fuel footprint, BHP Group Ltd is increasingly expected to give a final decision on the future of its petroleum business when it announces its results next week. There has been increasing pressure on… Read More ›
Hacker Of Largest Crypto Theft Ever Offered Reward And Immunity
A reward of $500,000 and immunity was offered to a hacker who stole more than $600m worth of cryptocurrency for returning the money. The controversial offer, made after the hacker pledged to send back the money, was made by Poly… Read More ›
Britain helps travel industry, cuts cost of COVID-19 tests for travel purposes
In a statement Britain’s Department of Health and Social Care said, it was cutting the cost of COVID-19 tests for travel from the National Health Service (NHS) and was reviewing the list of private providers to ensure pricing is transparent;… Read More ›