Apple has filed a lawsuit against Israeli spyware business NSO Group and its parent company for allegedly using a hacking tool to target iPhone users. The Pegasus software from NSO can infect both iPhones and Android devices, giving operators access… Read More ›
Strategy
$500 Mln Raised In Funding Round By Alternative Meat Maker Impossible Foods
The alternative meat maker Impossible Foods has secured more than $500 million in a fundraising round recently that was led by its current stakeholder Mirae Asset Global Investments. This successful funding round clearly indicates the rise in investor interest in… Read More ›
India-US agree to expand trade ties on agricultural products
In a significant development, India and the United States agreed to expand trade on some agricultural products, including US distiller dried grains, cherries, alfalfa as well as Indian mangoes, grapes, shrimp and water buffalo meat. In a joint statement following… Read More ›
Meltdown of Turkish Lira leaves country in catastrophe
The slump of the Turkish Lira by 15% on Tuesday against the US dollar left Turks struggling to keep up with the depreciation of the currency leaving the country in a state of darkest “catastrophe”. The Lira’s meltdown on Tuesday,… Read More ›
European Parliament approves biggest reform on farm subsidies
In a significant development, the European Parliament has approved its biggest reform on farm subsidies in decades in a vote that switches cash to smaller farmers and rewards sustainable farming methods. Earlier its Common Agricultural Policy (CAP), had draw criticism… Read More ›
Fully vaccinated international travelers can visit New Zealand from April 30
On Wednesday, in a statement New Zealand said, it will continue to keep its borders closed to most international travellers for five more months. New Zealand’s geographic isolation, along with some of the strictest pandemic rules among OECD nations, has… Read More ›
Biden Administration invites Taiwan to Summit of Democracy
In a significant development, the Biden Administration has invited Taiwan to its “Summit for Democracy” scheduled to take place next month. The summit, the first-of-its-kind gathering of democracies, marks a test of US President Joe Biden’s assertion that he would… Read More ›
Niantic Inc raises $300M, valued at $9 billion
In a blog post, Niantic Inc, the augmented reality (AR) platform behind Pokemon Go, said it has raised $300 million from hedge fund Coatue touching a valuation of $9 billion. Niantic Inc, which was spun off from Alphabet Inc’s Google in… Read More ›
Texas Governor Greg Abbott scheduled to make economic announcement on Tuesday on Samsung chip factory location
On Tuesday, Samsung Electronics Co Ltd said, it has yet to make a final decision on the location of its new $17 billion chip plant in the United States, after the Wall Street Journal reported it has picked Taylor, Texas as… Read More ›
Deutsche Bank hires Olivier Vigneron as chief risk officer
In a statement Deutsche Bank said, it has hired Olivier Vigneron as its chief risk officer from France’s Natixis. The announcement marks the second major personnel hiring: earlier last week on Friday, it had announced the nomination of Dutch businessman Alexander… Read More ›