Chinese leaders are shifting focus from the coronavirus back to long-term goals of making China a technology leader at this year’s highest-profile political event, the meeting of its ceremonial legislature, amid tension with Washington and Europe over trade, Hong Kong and human rights. The National People’s Congress, which opens Friday, has no real power. But […]
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In a report released this week, the “Saudi Arabian Online Food Ordering and Delivery Market” was valued at $511.21 Million in 2020 and is forecast to grow at 10.05 percent CAGR during 2021 – 2026, according to Research and Markets. Even after the challenges of the pandemic, the market showed consistent growth. Going forwards, digitization, […]
China-based government hackers have exploited a bug in Microsoft’s email server software to target U.S. organizations, the company said Tuesday. Microsoft said that a “highly skilled and sophisticated” state-sponsored group operating from China has been trying to steal information from a number of American targets, including universities, defense contractors, law firms and infectious-disease researchers. Microsoft […]
President Joe Biden’s choice to head the Securities and Exchange Commission told Congress on Tuesday that the agency should address how to protect investors who use online stock-trading platforms with flashy tech gimmicks that entice them to trade more. Gary Gensler, who was a chair of the Commodity Futures Trading Commission during the Obama administration, […]
The new head of the World Trade Organization called Monday for a “technology transfer” when it comes to COVID-19 vaccines and urged member nations to reach a deal to reduce overfishing after years of fruitless talks as she laid out her top priorities after taking office. Director-General Ngozi Okonjo-Iweala, a Nigerian economist and former government […]
Online review platform Trustpilot said Monday it plans to sell shares in London, in a stock offering that helps shore up the city’s status as a financial hub and destination for tech companies after Brexit. Trustpilot, which is based in Copenhagen, Denmark, said it will hold an initial public offering on the London Stock Exchange […]
President Joe Biden’s choice to head the Securities and Exchange Commission is coming before a Senate panel for his confirmation hearing at a moment when a roiling stock-trading drama has spurred clamor for tighter regulation of Wall Street. Gary Gensler, a chairman of the Commodity Futures Trading Commission during the Obama administration, has experience as […]
South African operator MTN is facing a rocky situation in Syria, as the company was placed under a judicial guardianship following a court battle that went in favor of the country’s telecoms regulator. The Syrian Telecommunications and Post Regulatory Authority had previously accused the provider of mismanagement and violations of its licensing contract. According to […]
Lawyers for a senior executive for Chinese communications giant Huawei Technologies were in court Monday arguing evidence should be introduced which would undermine the case to have their client extradited to the U.S. Canada arrested Meng Wanzhou, the daughter of Huawei’s founder and the company’s chief financial officer, at Vancouver’s airport in late 2018. The […]
Swedish automaker Volvo announced on Tuesday plans to become a fully electric car company by 2030, a company statement reported. According to Volvo, the automaker intends to only sell fully electric cars and phase out any car in its global portfolio with an internal combustion engine, including hybrids. The company’s transition towards becoming a fully […]