In a statement Australian Prime Minister Scott Morrison said, Canberra will soon introduce legislation to make social media giants provide details of users who post defamatory comments. The development comes at a time when the Australian government is looking to… Read More ›
On Monday, in a statement India’s latest fintech unicorn Slice said, it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity firm Insight Partners which valued the startup at more… Read More ›
According to sources familiar with the matter at hand, private equity firm Clearlake Capital has struck a deal to acquire Quest Software Inc from Francisco Partners, valuing the deal at $5.4 billion including debt. The deal is likely to be… Read More ›
Singapore-based virtual currency exchange Coinstore has started operations in India despite the Indian government preparing legislation to effectively bar most private cryptocurrencies. In a statement Coinstore said, it has “launched its web and app platform and plans branches in Bangalore,… Read More ›
On Monday, the CEO of Deutsche Telekom, Vodafone, and 11 other major European telecoms companies said, U.S. tech giants should bear some of the costs of developing telecom networks in Europe based on the fact that they use them so heavily. The… Read More ›
This year, U.S. shoppers spent slightly less on Black Friday sales, with many shoppers visiting physical stores despite coronavirus fears, midst retailers’ efforts to encourage pre-holiday shopping. For the very first time, online spending during Black Friday, which traditionally is one… Read More ›
In a statement Daimler’s Truck Chief Martin Daum said, he expects the global chip shortage to negatively impact Daimler’s revenues by several billion euros in 2021 and sees the issue continuing into 2022. Daimler, the world’s largest commercial vehicle maker… Read More ›
The Indian government has advised citizens not to sign up for Starlink Internet Services, a part of billionaire Elon Musk’s SpaceX aerospace firm, since it doesn’t have a licence to operate within the nation. A statement from the government issued… Read More ›
The bargain hunters ventured out in frigid temperatures to buy Christmas presents at Black Friday only to discover that a lot of U.S. retailers were offering lower price discounts this year due to the tight supply. COVID concerns and less… Read More ›
OPEC+ is monitoring developments regarding the coronavirus variant that is emerging according to sources on Friday. Some have expressed concerns that it could alter the outlook for oil markets less than a week prior to the next meeting to decide… Read More ›
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