• December 23, 2024

Reportedly, Germany Considering Special Levy On Foreign Internet Companies

The finance ministry of Germany is looking into the likelihood of a 15% special levy on the online advertising income gathered by foreign Internet firms such as Facebook or Google from German operators, as reported by a magazine Wirtschaftswoche. This step could comprise treating disbursements for online ads in a similar manner as license fee…

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European Auto Industries Alliance With China Over Global Industrial Development

Leading European and Chinese automakers have pledged to strengthen their cooperation at the Brussels Summit, where their association; Chinese Association Automobile Manufacturers (CAAM) and the European Automobile Manufacturers Association (ACEA) have inked a cooperation agreement. Together, China and the EU respectively the largest and the second largest in the world account for about half of…

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AI In Healthcare Becomes A Reality, Says Amazon Exec

Amazon may not have been quite vocal about its healthcare plans, but recently a senior leader shed light on the core areas of the business giant’s focus. While the senior leader Taha KassHout, did not divulge any secrets but maintained that Amazon saw massive opportunity in development of health care AI tools. He stated that…

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Education Department In China Checks Online Device Usage Of Students

The Department of Education in China’s Zhejiang has banned teachers from using WeChat. Mobile apps are used to assign homework to children. With the internet boom, phones are used by teachers in China to give homework and notices to students and their parents. Of late, teachers are using WeChat to provide assignments to students. Assignments…

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Niantic Is Changing Pokémon Go To Settle A Court Case With Angry Users

Niantic, the Pokémon Go developer, has agreed to settle a court case with users who had PokéStops placed near their homes, and it is making some minor game modifications as fraction of the agreement. The settlement was presented in court filings last week, and it is still awaiting approval of a judge. It will not…

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AI Used By Venture Capital Firm To Look For Startups Across Europe

A London-located venture capital company that utilizes artificial intelligence (AI) to discover potential startups throughout Europe stated it had obtained $60 Million (EUR 53 Million) for its largest fund so far. InReach Ventures was established by Ben Smith, previously at team working tool of Microsoft, Yammer, and John Mesrie & Roberto Bonanzinga, both earlier at…

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HSBC Missed The Earnings Forecast In Q4 2018

HSBC is one of the largest banks in Europe with reported earnings in billions every year. However, when the financial report was presented on Tuesday, it showed that HSBC had missed quite a few financial expectations for the year 2018, the turmoil in the global market during the 4th quarter being largely responsible for it.…

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Enterprise Program By Apple Is Being Abused By Gambling And Porn Apps

Gambling and porn firms are sneaking private applications on the iPhone, with the help of the same tool that Apple busted Google and Facebook for improperly employing previous month. Media uncovered almost 12 apps employing “developer enterprise program” by Apple to get loaded onto iOS gadgets outside of the App Store. Apple prohibits porn inside…

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BT CEO Says Huawei Not A Cause Of Worry

BT, telecoms group from UK do not see Chinese tech giant Huawei to be a possible threat to security. BT’s consumer brands CEO Marc Allera said that they have been involved in business affairs with Huawei for a long time now, however they never felt any concern for security issues. He said that they work…

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Streaming Service By AT&T Will Not Have Original Shows Till 2020

AT&T is carrying on the trickle of data about its next WarnerMedia streaming service, and now it is more particular about the type of content you will receive. Kevin Reilly (TNT and TBS President) claimed at a Television Critics Association event that the beta edition of the service rolling out in 2019 will not have…

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Bond Yield, Rate Hike Estimate Readjusted By Wells Fargo

Wells Fargo is finally adopting few changes as bond yields show impact on fears of global growth. In February 2019, the firm has made some cut in target of bond yields as well as forecast of interest rate increase of the Federal Reserve at the year end. Global head of the interest rate strategy of…

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Subscription Car Service By Toyota Rewards You For Safe Driving

Toyota has joined hands with Sumitomo Mitsui Auto Service Company to roll a new vehicle subscription offering with gamification components in Japan. The initiative is dubbed as Kinto, and it will provide 2 tiers: the first, dubbed as Kinto One, will let you to drive one Toyota car over a 3-year course for anywhere from…

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