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India vaccine-maker hopes to share shots by end of the year

The Serum Institute of India said Tuesday that it hopes to start delivering coronavirus vaccine doses to the U.N-backed effort known as COVAX and to other countries by the end of the year, a delay that will significantly set back global efforts to immunize people against COVID-19. India’s Serum Institute, the world’s biggest vaccine-maker and […]

China bans financial institutions from the crypto market

China has barred financial companies, institutions, FinTechs, and payment companies from delivering any kind of services in relation to cryptocurrency transactions, while warning potential investor to shy away from crypto dealings. Many analysts and industry experts considered the move to be inevitable – especially following the government’s restrictions on Alibaba’s financial arm, Ant Group – […]

Argentina bans data sharing between Facebook and WhatsApp

Argentina’s government has ordered social media giant Facebook to halt the use of its new data use policy that allows it to harvest information from its WhatsApp user, it said on Monday. According to an official statement, the suspension of the policy will last up to at least six months, with an aim avert “the […]

Report says Myanmar internet a 'virtual battlefield'

Myanmar’s military rulers are seeking to limit access to the internet to an internal network of only “whitelisted” sites to quash opposition to their seizure of power, according to a report by the International Crisis Group. It likened the internet to a “virtual battlefield” where the military is struggling to gain an edge because it […]

Changed by pandemic, many workers won't return to old jobs

There’s a wild card in the push to return to pre-pandemic life: Many workers don’t want to go back to the jobs they once had. Layoffs and lockdowns, combined with enhanced unemployment benefits and stimulus checks, gave many Americans the time and the financial cushion to rethink their careers. Their former employers are hiring again […]

Biden plan would pick winners, losers in move to green jobs

In Georgia, school bus-maker Blue Bird has visions of going from selling a few hundred electric buses annually to 15,000. In Michigan, Ford plans to produce an all-electric version of its F-150 pickup truck. Both companies are looking to President Joe Biden’s $2.3 trillion infrastructure proposal to help transform the automotive sector as electric vehicles […]

eLearning market set to reach $370 bn by 2026

eLearning has been the champion of education since the COVID-19 pandemic spread like wildfire and brought everyday life indoors. As dependence on remote learning heavily grew throughout 2020, online education is set to continue its growth in a post-pandemic world, skyrocketing the eLearning market into new heights. According to a new report by Valuates Reports, […]

Ransomware hits AXA units in Asia, hurts Ireland healthcare

Cybercriminals have hit four Asian subsidiaries of the Paris-based insurance company AXA with a ransomware attack, impacting operations in Thailand, Malaysia, Hong Kong and the Philippines, the insurer said. The criminals claimed to have stolen 3 terabytes of data including medical records and communications with doctors and hospitals. In Ireland, meanwhile, the national healthcare system […]

Samsung thrives as Seoul mulls pardon of corporate heir

Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company. Lee is just the latest South Korean corporate boss to run his business from behind […]

Spotify co-owner Ek says Kroenkes reject bid to buy Arsenal

Spotify co-owner Daniel Ek says a bid to buy Arsenal has been rejected by the Kroenke family which owns the London-based Premier League club. The Swedish entrepreneur behind the music-streaming service first revealed his takeover interest last month after owner Stan Kroenke’s ill-fated attempt to lead Arsenal into a European Super League. The project collapsed […]