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Google Illegally Collected School Kids' Personal Data Alleges New Mexico AG, Files Suit

Based on allegations that the educational software from Alphabet Inc’s Google search engine gathers personal data about young students without the required explicit parental consent, a law suit was filed against the company by New Mexico Attorney General Hector Balderas on Thursday.   In...

Saudi Export Ban Will Not Affect 2020 Growth, Predicts BAE Systems

The possible future impact of recent German ban on arms exports to Saudi Arabia could be offset by increased defence spending and Britain’s BAE Systems is in a good position to take advantage of it, the company said while forecasting another year of growth for 2020.   The company’s earnings...

Google’s Fitbit Acquisition Faces Regulatory Hurdle, EU Privacy Body Warns Of Privacy Risks

The proposed acquisition of the fitness trackers company Fitbit by Alphabet Inc-owned Google could face a problem after the European Data Protection Board (EDPB) issued a warning that this deal, which is worth about $2.1 billion, could pose risks to security of users. This warning adds on the...

1,500 GM Staff Will Loose Jobs In Thailand After Deal With Great Wall Motors

After the United States auto giant General Motors announced the sale of its business in Thailand earlier this week to the Chinese car maker Great Wall Motors, the company has now said that after the deal is complete it estimates that there would be about 1,500 job losses in its factory at Rayong in...

Angered Shareholders Question Nissan CEO Competence Who Puts His Job On The Line Against Recovery

Nissan, Japan’s second biggest auto manufacturer, is currently struggling with slowing demand for its vehicles and consequent lower revenues and profits – ever since the scandal surrounding its former boss Carlos Ghosn. While the company has claimed to have initiated a turnaround plan, it does not...

Apple Issues Revenue Warning For Q1 Due To Coronavirus

In what was the second time in about a year as well as in its entire history, a revenue warning for the current quarter was issued by the tech giant Apple. The company said revenues and profits for the first quarter is likely to fall because of disruption in supply and production due to the...

General Motors To Shut Operations In Australia, NZ And To Sell Off Its Thai Plant

United States based auto giant General Motors Co is leaving more markets apart from its home market and China.   The company has announced that it will stop sales, design and engineering operations in Australia and New Zealand while also stop production of its Holden brand by 2021.  ...

China’s Central Bank To Disinfect And Destroy Currency Notes To Prevent Virus Spread

A new strategy has been implemented by the central bank of China to contain the spread of the deadly coronavirus.   The People's Bank of China said that currency notes that are potential infected by the virus would be subjected to deep cleaning or destroyed completely to prevent further...

Google Is Considering Striking Licensing Deals With Publishers Of Premium News Content

In order to confront allegations that it is profiting unfairly from news articles and content that is copy righted. Google has reportedly started negotiations with media organizations to pay them for using their content, said reports quoting sources with knowledge of the matter.   Reports...

Amazon And Its Indian Rival Flipkart Gets Temporary Relief In Indian Court

Following a relief bringing court ruling for Amazon.com by an Indian court which stayed an investigation by the country’s anti-trust regulator into the alleged business practice of deep-discounting, preferential listing of sellers and exclusive pacts by the United States based e-commerce company...

Total Plans To Stop Selling Fuel Oil To Power Plants, Says Its CEO

In an effort to reduce its carbon footprint, the France based oil and gas giant Total plans to bring to a complete stop selling its fuel to power plants, said the company’s chief executive in an interview to the media. The company is also aiming to step up investments in renewable energy projects....

New Charges Slapped In Court By US Against Huawei

The Chinese telecommunication equipment making giant Huawei has been slapped with fresh charges by the United States Department of Justice. The Chinese firm has now been accused of stealing of trade secrets from U.S. technology companies for decades very successfully.   Huawei and its...
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