Uber limits working hours for drivers in Britain
Taxi hailing platform Uber says it aims to prevent workers from being tired while at the wheel and capped shifts in the United Kingdom at ten hours. Still, drivers will [...]
VW sets record of 6.23 mln delivered vehicles
Volkswagen AG has announced it handed over a total of 6.23 million vehicles in 2017, setting a new company record. The figure is 4.2% higher than the previous year. The [...]Wells Fargo to close 900 branches
Wells Fargo Company will close about 900 branches in order to cut costs accrued during the fake accounts scandal made public in 2016, Financial Times reported. The United States [...]PwC banned from Auditing listed firms in India for 2 years
The Securities and Exchange Board of India (SEBI) has banned global auditing firm Price Waterhouse Network from auditing any listed company in the country for two years for its role [...]Kodak to release Bitcoin mining machine
The Eastman Kodak Company is to license its brand to Spotlite, releasing a machine designed to mine Bitcoin, Business Insider reported. The two companies will rent the machines called KashMiner [...]Warren Buffett: Cryptocurrencies will come to bad ending
In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending, CEO of Berkshire Hathaway Inc. Warren Buffett in an interview to [...]IBM Breaks Records to Top U.S. Patent List for 25th Consecutive Year
IBM inventors received a record 9,043 patents in 2017, marking the company’s 25th consecutive year of U.S. patent leadership and crossing the 100,000-patent milestone. The new patents were granted to [...]South Korean cryptocurrency exchange closes down after 2nd Hacker Attack
YouBit, one of South Korea's cryptocurrency exchanges, has been forced to shut down, following a hacker attack, Yonhap publication wrote on Tuesday. According to the report, the platform's operator stated [...]Disney to acquire 21st Century Fox for over $52Bn
Walt Disney Company has announced in a statement it will acquire most of 21st Century Fox in a stock deal worth $52.4 billion. Disney will assume $13.7 billion of Fox's [...]Video; Why is the Telecom Sector the Most Successful Case of Infrastructure Finance in Africa?
It has been very difficult for private sector to finance projects in areas such as roads as opposed to telecommunications. According to Vishal Agarwal, the telcommunications sector has managed to [...]California-based airline ‘Surf Air’ now accepting Bitcoin Ethereum as payment
The world's first ever fly all you can airline, Surf Air, recently announced its support for cryptocurrency payments. According to the California-based commuter airline, they are now accepting Bitcoin and [...]Bitcoin Hits Fresh New High above $11900
Bitcoin hit a fresh record high on Tuesday just shy of $12,000 at $11,961. This marks an increase in value for bitcoin of over 1,100% since the beginning of the [...]
