AstraZeneca’s COVID-19 vaccine provided strong protection against sickness and eliminated hospitalizations and deaths from the disease across all age groups in a late-stage study in the United States, the company announced Monday. AstraZeneca said its experts did not identify any safety concerns related to the vaccine, including finding no increased risk of rare blood clots […]
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Apple Inc. has been slapped with a $308.5 million penalty to be paid to Personalized Media Communications (PMC) following a decision by a federal judge in Texas that found the company infringing a tech patent related to data rights management. The patent in question primarily dealt with a “method of decrypting programming at a receiver […]
The Senate confirmed Katherine Tai as the top U.S. trade envoy in an overwhelming bipartisan vote on Wednesday . She will be the first Asian American and first woman of color to hold the position. Tai is considered a problem-solving pragmatist, and her nomination by President Joe Biden to be U.S. trade representative drew support […]
The online payment company Stripe continues to attract investors, raising $600 million in funding to reach a whopping company valuation of $95 billion. Stripe is by far the most valuable private fintech company in the world. Robinhood, the trading platform recently making headlines, just raised $3 billion to reach a valuation of around $11.2 billion. […]
Russian authorities said Tuesday they would block Twitter in a month if it doesn’t take steps to remove banned content, a move that escalates the Russian government’s drawn-out standoff with social media platforms that have played a major role in amplifying dissent in Russia. Russia’s state communications watchdog, Roskomnadzor, last week announced it was slowing […]
Cybersecurity researchers at U.S.-based security firm McAfee uncovered Tuesday a cyber espionage campaign targeting telcos around the world attempting to steal 5G technology secrets. According to the McAfee, the hacker campaign – dubbed Operation Dianxun and originating from China – was done using malicious downloads to steal sensitive 5G data from compromised victims, primarily telecoms […]
We are excited to announce that the European Union co-funded UNDP – CEDRO 5 project, is taking an additional step to support Lebanon’s Clean Energy Transition, by joining forces with Nucleus Ventures in their upcoming program, the Energy Innovation Hub. The programme offers startups and SMEs access to funding to elevate ideas off the ground, […]
Japanese e-commerce giant Rakuten sold on Monday 13 percent of its shares, worth $2.2 billion, to several new investors, as the company attempts to strengthen its balance sheet, while rolling out a more aggressive mobile strategy. The new investors into Rakuten are Japan Post – the country’s largest insurer and bank by deposit, as well […]
Organizers trying to form the first union at an Amazon warehouse are getting support from another big name: Black Lives Matter. The group plans to hold an event Saturday near the warehouse in Bessemer, Alabama, making it the latest high-profile supporter of the union push, which is the biggest in Amazon’s nearly 30-year history. Most […]
The world’s major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. Yet for that to happen, they’ll need to sell the idea to people like Steve Bock. When Bock recently replaced his family’s 2013 Honda Pilot SUV, he considered — and then dismissed — the […]