News

‘No political games’: Pence won’t invoke 25th amendment to oust Trump
January 13, 2021 04:27 PM AEDT| By Edita Ivancevicice. Ms Pelosi is expected to proceed with Mr Trump’s impeachment. Vice President Mike Pence has said that he will not use his right to invoke the 25th amendment and pronounce Donald Trump ‘unfit for office’. Mr Pence informe...
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Gold vs Bitcoin: Can Cryptocurrency be the next ‘Safe Haven’
January 13, 2021 02:33 PM AEDT| By Hina ChowdharyGold vs Bitcoin debate is in spotlight with Bitcoin leading the race, as more and more investors are flocking towards alternative means for return enhancement, in an environment of low interest rate and unpredictability. To Know More, Do Read: Bitco...

New Zealand Wines soon to reach overseas clients, online portal unveiled
January 13, 2021 02:33 PM AEDT| By Team Kalkine MediaIt has been recently reported that New Zealand would sell wines abroad though a new online portal. A major part of the wine experience in New Zealand is people from across the world visiting local cellar doors to understand the wine culture of the .....

Zoom (NASDAQ: ZM) to Raise $1.5Bn in Secondary Share Sale
January 13, 2021 02:24 PM AEDT| By Team Kalkine Media2020 was a game-changing year for many businesses. Amid the unprecedented COVID-induced challenges, when most of the traditional businesses tumbled down, there were some companies that experienced meteoric growth. Several businesses that witnessed.....

Businesses awaits domestic crowd to flock during America’s Cup
January 13, 2021 01:15 PM AEDT| By Team Kalkine MediaAccording to MBIE (Ministry of Business Innovation & Employment) in 2017, the America’s cup could have brought business worth $1billion, boosting the economy and create as many as 8,300 new jobs. As per the latest report, many overseas t.....

Parler drags Amazon to court over removal from cloud service AWS
January 12, 2021 04:54 PM AEDT| By Edita Ivancevicwith Twitter to bring the start-up down, just when Parler had started growing among masses. Start-up social media platform Parler will be having a court dispute over antitrust accusations after Amazon (NASDAQ:AMZN) suspended it from its cloud ho...

How Musk’s tweet sent a wrong ‘Signal’ soaring over 11,700%?
January 12, 2021 03:23 PM AEDT| By Kunal SawhneyIn the wake of the latest changes in WhatsApp’s privacy policy, Tesla CEO Elon Musk had urged his Twitter followers to “Use Signal”. Signal is an encrypted cross-platform instant messaging service, which is developed by Signal Fou.....

RBNZ not the explicit target of the cyberattack : Adrian Orr
January 12, 2021 02:59 PM AEDT| By Team Kalkine MediaRBNZ revealed on January 10 that the bank’s file sharing system had been compromised after Accellion, a third-party service provider it uses to share and store sensitive data, was illegally accessed. Accellion, a California based company, pr.....

Why has the UK Top Regulator issued Warning to Crypto Investors?
January 12, 2021 02:31 PM AEDT| By Kunal SawhneyThe United Kingdom Financial Conduct Authority (FCA) has delivered a major blow to the crypto investors, stating that the investors in such products should be ready to lose it all. Be Prepared to Lose All Your Money! In an official warning, the FCA...

New Mutant Strain Reaches Japan; State of Emergency in Tokyo
January 12, 2021 01:51 PM AEDT| By Team Kalkine MediaThe ongoing global pandemic of coronavirus has taken many lives and caused enormous economic and social disruption. Just as the world celebrated the rollout of new vaccines for COVID-19, new virus strains have been identified in a few countries. T.....

Auckland woman sentenced for selling edible bird’s nests on WeChat
January 12, 2021 01:39 PM AEDT| By Hina ChowdharyAs per a recent report, a 30-year-old woman, Linying Ouyang, selling “edible bird’s nests”, was fined a sum of NZ$31,500 at the Waitakere District Court in Auckland, New Zealand. She pleaded guilty to three charges, as per Biosec.....

Facebook bans ‘Stop the Steal’ phrase ahead of Biden’s inauguration
January 12, 2021 01:24 PM AEDT| By Edita Ivancevicoving controversial posts at least until Inauguration Day to protect US democracy. Facebook announced it would remove all posts on its platform involving ‘Stop the Steal’ reference as part of precautionary measures in the run up to t...

Bitcoin drops by US$10,000 from the top; is momentum fading?
January 12, 2021 09:08 AM AEDT| By Hina ChowdharyThe entire cryptocurrency space had seen a sea of red numbers on 11 January 2021 as the forerunner spooked the markets with a massive fall of more than 18 per cent. This is the worst fall for Bitcoin since March 2020 when it fell by almost 37 per c.....

Crypto Market Crashes As Bitcoin Tumbles Over 20%, Ethereum Down 25%
January 12, 2021 02:18 AM AEDT| By Kunal SawhneyAfter hitting US$ 1 trillion in market value, the crypto market plunged over 20 per cent during early trading hours of Monday, January 11. Bitcoin slumped below the US$ 33,000-mark a day after it hit its life-time high of approximately US$ 42,000 per...

Twitter & Facebook Stocks Plunge As Trump-backed Investors Retract
January 12, 2021 12:14 AM AEDT| By Kunal SawhneyTwitter Inc. (TWTR:US or NYSE: TWTR) and Facebook Inc. (FB:US or NASDAQ: FB) stocks declined in the early trading hours of Monday (January 11, 2021) after the social-media giants banned US President Trump's account. This pan-social media ban against...

Indonesian Aviation Industry Feels The Heat After Another Boeing Crash
January 12, 2021 12:01 AM AEDT| By Kunal SawhneyIn a tragic incident, a Boeing 737-500 of the Sriwijaya Air flight 182, carrying 62 people, including babies, children, and crew members, went missing on Saturday, 9 January 2021, just minutes after taking off. The flight was heading to the city of.....

Crypto Warning: FCA Highlights Risks of Investments Focussing on High Returns
January 11, 2021 10:06 PM AEDT| By Team Kalkine MediaCapital market regulator Financial Conduct Authority (FCA) warned on Monday, 11 January, about the potential risks of investing in crypto assets promising high returns. As the cryptocurrency environment being unregulated so far, it is quite hard to.....

Tech Giants Apple, Amazon, and Google suspend Twitter rival ‘Parler’ from their platform
January 11, 2021 06:36 PM AEDT| By Team Kalkine MediaSocial Network platform Parler has been banned by tech giants Apple, Amazon, and Google after the violent protest on Capitol Hill. The protest took the life of five people. About the US Capitol Hill Siege On Wednesday, the US President Donald Tru.....

All eyes on NZ Government’s COVID-19 Vaccine rollout
January 11, 2021 06:27 PM AEDT| By Team Kalkine MediaNew Zealand Government is being asked to speed up the vaccination rollout plan as it had fallen behind the rest of the world in its vaccination program. Many in New Zealand feel that the government should consider emergency-use vaccine prov...

New South African Variant of COVID -19 keeps NZ authorities on tenterhooks
January 11, 2021 05:13 PM AEDT| By Team Kalkine MediaNew Zealand now has both -- the UK variant of COVID-19 and a new case of South African variant. Even though the cases are in managed isolation facilities, it is a cause for worry for the NZ authorities. The variant from South Africa The new strai.....