In a significant development, Intel won a landmark $1.2 billion (1.06-billion euro) antitrust fine from the European Union with the Europe’s top court ruling in favour of Intel’s arguments. The ruling by the court is likely to cheer Alphabet’s Google as… Read More ›
In a joint statement Amazon.com Inc and Stellantis NV said, they have agreed to collaborate to develop cars and trucks which will feature Amazon software in the dashboards, and deploy electric vans made by Stellantis on Amazon’s delivery network. The development… Read More ›
According to the Brazilian government’s annual report, deforestation in the Amazon rainforest soared by 22% in a year to its highest level since 2006, undercutting President Jair Bolsonaro’s assurances that Brazil is curbing illegal logging. Brazil’s space research agency, INPE,… Read More ›
In an internal note, Amazon.com Inc’s Senior Vice President Jeff Blackburn said, he is leaving the company after having spent 22 years in the company. Blackburn used to oversee Amazon’s mergers and acquisitions division; he has been on a sabbatical… Read More ›
In a report, the Economic Times reported citing three sources familiar with the matter at hand as saying, India’s salt-to-software conglomerate Tata Group is in advanced talks to acquire to a majority stake in Indian online grocery startup BigBasket for… Read More ›
On Monday, the Organisation for Economic Co-operation and Development said, the global economy could see a drop of more than 1% in output if international talks to rewrite cross-border tax treaties break down and trigger a trade war. On Friday,… Read More ›
With the Wuhan coronavirus increasing its footprint among the indigenous people in Brazil, including those residing in the Amazonian rainforest, doctors are now evacuating patients who are severely affected by the COVID-19 disease by plane. “The number of COVID-19 patients… Read More ›
The EU has made it amply clear that the ball lies in Brazil’s court. Its behavior will have to change its attitude for the deal to come through by late 2020. On Wednesday, a senior official from the European Union… Read More ›
Representatives from tech giants, such as from Google, Amazon, Apple and Facebook, are set to testify before a House of Representatives congressional committee on June 16. The The hearing will discuss the formidable market power wielded by online platforms. In… Read More ›
Jeff Bezos’ new philanthropic aims to create the Bezos Day One Fund which will have sub funds catering to various interest groups, including providing full scholarships to pre-schools children in low-income communities and support existing NPOs that offer shelter and… Read More ›
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