Experts have made a wrong assessment about global liquidity and very soon there could be a freeze up of market activity, believes the chief executive of Swiss bank UBS. The worst December performance since the Great depressions of 1931 was… Read More ›
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Study Shows Less-Skilled Labour To Be Hardest Hit In US Heartland By AI
A new study by Brookings Institution researchers claimed that the reshaping of the workplace by developments in robotics and artificial intelligence would exert the most pressure again on the Midwestern states in the United States which has been the hardest… Read More ›
World Should Not Be Too Concerned About Chinese Economy: Beijing In Davos
Analysts and experts have over blown the fears related to its economic slowdown, is the message that China is attempting to deliver at the World Economic Forum at Davos. The Chinese economy is making substantial growth, and it is crucial… Read More ›
IBM Shares Rise After Beating Market Estimates For Q4 Results
There was enough meat in the latest earnings report of the US tech giant IBM to help its shares to raise even though the results were not quite the perfect that the markets wanted. IBM reported a slightly better than… Read More ›
Performance Forecast For J&J For 2019 Lower Than Expected By Markets
While forecasting worse than expected performance for sale for 2019, Johnson & Johnson that it anticipated more headwinds on the prices of U.S. prescription drugs this year which would ultimately weigh down on the entire pharmaceutical sector. J&J said that… Read More ›
Investor Resolution Urging Amazon To Stop Selling Facial-Recognition Tech To The Government
Amazon is being urged by its investors to stop selling its facial-recognition software to government agencies because of concerns among them that such technology can be used to trample rights of people. A group of Amazon shareholders brought together a… Read More ›
Banning Huawei From 5G Network Construction Being Considered In Germany
If media reports are to be believes, Huawei could soon be banned from another Western market of significance – Germany. Recent reports state that the government in Germany is considering methods that it can use to prevent the Chinese tech… Read More ›
Report Claims Darknet Markets Saw Double Daily Bitcoin Transactions In 2018
According to a study conducted by data firm Chainalysis, during 2018, bitcoin was used as a mode of payment on the darknet market sites in double the amount that it was used a year earlier. The darknet is a place… Read More ›
UK Retailers Issued No Deal Brexit Advice By Amazon
Amazon.com has asked British businesses that use its platform for trading to initiate measures so that they would be able to continue trading on the e-commerce platform to the customers in the European Union in the case of a no… Read More ›
Fossil’s Smart Watch Technology To Be Acquired By Google For $40 M
With an eye of increasing its presence in the wearable technology industry, US tech and search engine giant Google has announced the acquisition of the smart watch technology of Fossil Group Inc. in a deal that would be worth 40… Read More ›