The vision of Amazon.com Inc. for the departmental stores of the future comprises algorithmic recommendations and a “magic closet” in the fitting room, according to one corporate director of the company. The online retailer has announced that it will build… Read More ›
Strategy
Google Spent 27% More In Lobbying In Washington In 2021 Amid Efforts Of Lawmakers To Curb Big Tech
According to the Senate lobbying disclosure database, Google expended 27 per cent higher on lobbying in the United States in 2021 than it did in 2020, with total spending of $9.6 million. That’s less than the more than $20 million… Read More ›
Germany Plans To Draw In 400,000 Skilled Workers From Foreign Countries Each Year
The new coalition government in Germany intends to bring in 400,000 competent foreign workers per year to address a demographic imbalance as well as labor shortages in key industries that might jeopardize the country’s recovery from the coronavirus outbreak. “The… Read More ›
Germany aims to attract 400,000 qualified workers from overseas to manage labor imbalance
German aims to attract 400,000 qualified workers from overseas every year in order to mitigate a demographic imbalance and labour shortages in key sectors that risk undermining the recovery from the coronavirus-induced COVID-19 pandemic. “The shortage of skilled workers has… Read More ›
Intel’s $20 billion chip plant in New Albany, Ohio is only first among eight factory complexes
On Friday, Intel Corp announced, it will invest $20 billion to set up a new chip manufacturing center near Columbus, Ohio which will develop and manufacture advanced semiconductors. The investment will create at least 3,000 permanent jobs on a 1,000-acre… Read More ›
Russia could attack Ukraine on very short notice: U.S. Secretary of State Antony Blinken
In a significant development U.S. Secretary of State Antony Blinken has warned that Russia could launch an attack on Ukraine at “very short notice”. Blinken made the comments on his arrived in Kyiv in a diplomatic push towards defuse tensions… Read More ›
Israel submarine development deal with Germany’s Thyssenkrupp Marine Systems for $3.4 billion
In a statement on Thursday, Israel’s Defense Ministry said, it has signed an agreement with Germany’s Thyssenkrupp Marine Systems to develop and produce three advanced submarines for its Navy in a deal worth $3.4 billion (3 billion euros). The two… Read More ›
US airlines report minor impact from switching on 5G services
In a statement the U.S. Federal Aviation Administration (FAA) said, following the rollout of 5G services in airports, its impact on air travels has seen only a minor impact. “The increased approvals for Boeing and Airbus planes meant an estimated… Read More ›
Disney names Rebecca Campbell as head of international content creation
In a statement Walt Disney Co said, it has named Rebecca Campbell as the head of its international content creation. She will oversee Disney’s expansion of regional content for its streaming services. Campbell will oversee the creation of more locally produced… Read More ›
China failed to meet Phase 1 purchase commitments, yoo early to withdraw US tariffs on Chinese goods: Biden
In a statement U.S. President Joe Biden said, it was too early to make any commitments on lifting U.S. tariffs on Chinese goods, while USTR Katherine Tai said she was working on the issue. “I’d like to be able to be… Read More ›