Whatsapp launches fight against fake news in India, its biggest Market
Whatsapp, Facebook Inc's messaging app, has published an advertisement in major Indian media with tips on how to fight fake news. In its attempts to tackle spam and hoax messaging, [...]
Japan's Uzabase to buy news site Quartz for $110 million
Japan's news company Uzabase will buy Quartz, business news website owned by Atlantic Media. The deal is worth $110 million according to Nikkei Asian Review. According to the report, the [...]VW to launch electric car-sharing platform in 2019
Volkswagen AG has announced it will launch a car-sharing platform exclusively for electric cars. The service called WE is expected to begin operating in Germany in 2019, while the company [...]Abraaj Holdings Chairman Sean Cleary Steps Down
Abraaj Holdings chairman Sean Cleary has resigned according to an email statement written by the struggling private equity group. The statement read: “We can confirm that Sean Cleary has resigned [...]
Workers Supplying UK Supermarkets Grapple with Abuse and Poverty- Oxfam Report
Charitable organisation Oxfam has released a report which shows that farmers and factory employees that produce food for the UK’s top supermarkets face abuse and poverty. “It is shocking that [...]Abraaj Holdings Files for Court-Supervised Restructuring As it Grapples with Creditors
Abraaj Holdings, once the leading global investor in the developing world, has filed a court-supervised restructuring in the Cayman Islands amid claims of misused funds. According to the firm’s statement, [...]China’s Ant Financial raises $14 Bn securing its place as world’s largest Fintech
Chinese digital payments giant Ant Financial (an affiliate of Alibaba) has raised $14 Bn in its latest financing round, making it the world’s largest fintech company ahead of an expected [...]Bayer completes acquisition of Monsanto
German pharmaceutical giant Bayer announced on Thursday it successfully completed the deal to acquire the US agrochemical and agricultural corporation Monsanto. Shares of the US company will no longer be [...]Putin warns: Treat cryptocurrencies carefully
Russian President Vladimir Putin commented on cryptocurrencies on Thursday during his nationwide address, warning that the digital currency must be treated with much care. Putin stressed that cryptocurrencies should not [...]Microsoft to acquire GitHub for $7.5 billion
REDMOND, Washington. — June 4, 2018 — Microsoft Corp. on Monday announced it has reached an agreement to acquire GitHub, the world’s leading software development platform where more than 28 million developers learn, [...]Singapore Airlines Plans To Re-launch World’s Longest Nonstop Flight 19 Hours
Singapore airlines is set to re-launch the world’s longest commercial flight in October, a journey that takes 19 hours from the City state to New York but will not be [...]Global Electric car sales Up by 54 pc in 2017
Electric car sales around the world have climbed up by 54 per cent in 2017, taking global stock across the 3 million threshold according to the International Energy Agency. Norway [...]
