One of the first countries that is making it mandatory for digital platforms to pay for content they use is Australia. The Treasury department of the country said that two United States based digital giants Facebook Inc and Alphabet Inc's Google will be forced to share their advertising revenues...

The German auto giant Volkswagen said on Monday that it has reached settlement with about three fourth of the total litigants in a class suit related to the emissions scandal.   The German car maker said that it had managed to arrive at mutually agreed settlements with 200,000 of the 260,000...

Soon after the lifting of restrictions related to the novel coronavirus pandemic in the United States Europe, there will be a rush of customers to the hair salons which help its business to recover quickly, predicted L’Oreal. The beauty product making company added that its sales were already...

Users of Facebook who had engaged in false posts related to the coronavirus pandemic will be notified by the social media company and the company will then connect such individual users to that they can accurate information about the disease. Fake posts will include those that could cause physical...

Currently most of the Chinese smartphones that are currently available in the Chinese market that are in a similar price range to Apple Inc’s new iPhone SE for the budget-conscious, have 5G capability which is lacking in the iPhones and therefore analysts predict that this new budget smarpthone may...

The broadest and the most ambitious plan yet in the global oil and gas sector to fight climate change were set on Thursday by Royal Dutch Shell. The oil and gas giant set a target to transform to carbon neutral with greenhouse gas emissions set to touch net zero by 2050.    With this...

The United Kingdom based research based biopharmaceutical company AstraZeneca Plc has announced that it would soon begin a clinical trial aimed at assessing the possibility of the drug Calquence to be used as a treatment of the exaggerated immune response relates to the with Covid-19 infection, the...

Regulatory issues have forced the acquisition of Takeda Pharmaceutical’s surgical patch product TachoSil by Johnson & Johnson. The cancellation of the deal was announced by the American multinational corporation that makes medical devices, pharmaceutical and consumer packaged goods on Friday....

A technology that will allow contact tracing of Covid-19 – the disease caused by the novel coronavirus, will be created by two of the tech giants in the world Apple Inc and Alphabet Inc's Google. The technology will give users the option to log into other phones they have been near.   This...

United States based electric car maker Tesla is now manufacturing all the Model 3 sedans sold in Chinese market at its Shanghai plant thereby adding two more variants of the Model 3. This means that all of the cars that it is selling in China are now locally manufactured and hence are no more...

British American Tobacco has alleged that that its bigger rival Philip Morris International Inc had infringed its patents with respect to the tobacco heating technology used in Philip Morris’ IQOS devices which has resulted in BAT filing a case against Philip Morris in the United States and...