Business & Technology

Hong Kong Launches New Era of Banking with Online only Banking License to StanChart

For the past few decades, Hong Kong has become the pioneer as far as financial innovation is concerned, and the Asian financial hub has taken another step with the issuance…

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Merck Launches $5.9 Billion Hostile Takeover of Versum

In a move that might come as a surprise for many, the German pharmaceutical giant Merck KGaA has decided to further increase its hold over the semiconductor market and started…

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Uber To Announce $3 Billion Deal With Careem This Week

Uber Technologies Inc is all set to offer a deal for around $3 billion for Careem Networks FZ, its Dubai based rival. According to sources, Uber’s offer will probably be…

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New York Times Not To Be Part of Apple’s News Service

On Monday Apple Inc will be launching a new paid entertainment and digital news service. Although the company is trying to capture market from the streaming video leader Netflix Inc,…

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Google Fined $1.7 Billion By EU

Alphabet Inc unit Google has been fined $1.7 billion (1.49 billion euros) on Wednesday. This is the company’s third-largest European union antitrust penalty in the last two years. It marks…

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Labour Crunch Puts Japan’s 24*7 Stores in Danger

Labour shortage has been an issue in Japan for quite some time now, and it seems that the nation’s ever-expanding 24*7 convenience store industry has found itself on the wrong…

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Homeland Security Chair asks Tech Giants to Explain the Spread of NZ Mosque Attack Video

The horrific attack on a mosque in New Zealand has been the talking point all across the world for the past week, and the fact that the shooter actually lives…

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EU Slaps 1.5 Billion Euros Fine on Google for Advertising Practices

Google’s advertising practices in Europe have been a matter of a long drawn out anti-trust case, and today, the tech giant was slapped with a 1.5 Billion Euros ($1.7 billion)…

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Radar And Thermal Cameras To Warn Pedestrians Of Traffic

There is a growing worry that smartphone users who are glued to their phones are prone to more casualties of accidents in cities. That has made designers in South Korea…

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Facebook’s Product Head Quits as Company Pivots to Messaging

Facebook has been constantly evolving and shape-shifting as a social media platform for around a decade now and in one of the latest announcements, it’s Chief Executive Officer Mark Zuckerberg…

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