As a response to the imposition of the controversial national security law in Hong Kong in June this year, Alphabet's Google will no longer conceded to requests for data by the Hong Kong authorities and the company has said it will not provide data. This was announced by the United States based...

Flipkart, Walmart’s e-commerce platform in India will now deliver alcohol to customers. The major rival of Amazon in the Indian market, Flipkart has reportedly already struck a partnership for the deliveries with a startup that has the backing of spirits giant Diageo and deliveries will initially...

The performance of Intel’s next round of processors could be boosted by as much as 20 per cent by the use of a new method for making transistors on semiconductors, said the chief architect of the new technology on Thursday.   Designing and manufacturing of its own chips is done by the Santa...

Content that were perceived to be critical of the Chinese government were censored by the Chinese tech giant ByteDance on its news aggregator app in Indonesia between 2018 till about middle of 2020, claimed a report published by the news agency Reuters.    A team from ByteDance's...

After a continued rise in its share prices even during the novel coronavirus pandemic, Apple is set to become the first American company to reach a valuation of $2 trillion. This rise of the company also underscored the value of its iPhone ecosystem.   Compared to the lows reached in March,...

Amidst calls from different quarters to do more to prevent the spread of misinformation on the novel coronavirus pandemic, social media giant Facebook said that more than 7 million posts had been removed by it in the second quarter itself – all related to sharing false information about the novel...

The cruise industry is one of the worst hit by the novel coronavirus pandemic.   And the quarterly results from the industry are reflecting the massiveness of the pandemic hit.   A net loss of $1.6bn for the second quarter of the year was reported by Royal Caribbean Group, a period...

One of the sectors that has been most severely impacted by the novel coronavirus pandemic is the global hotel industry because of travel restrictions imposed to prevent the spread of the pandemic.   And now the true scale of the devastation for the industry is coming out as the largest of...

A new fee schedule released by the United Parcel Service Inc, it will be charging significantly  higher fees for shipments of packages from large shippers who want to send significantly more packages through its system during the holiday season even as the novel coronavirus pandemic rages on...

While the trips for ride hailing company Uber increased by 5 per cent in the second quarter from its lows in April, the company’s gross bookings were 75 per cent lower than the same period a year ago. This is the major revenues for the company in the past.   However there was an increase of...

The novel coronavirus pandemic hit on the global demand for oil and its prices has forced British Petroleum (BP) to reduce its shareholder dividend by 50 per cent while announcing a quarterly loss of $6.7bn.   For pension funds and private investors, this cut in dividends is another blow as...