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World news
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Why did China start investigating into Alibaba on monopolistic behaviour?
December 24, 2020 05:52 PM AEDT| By Hina ChowdharyChinese regulators have launched an antitrust investigation into Alibaba Group and will meet Ant Group, the tech giant affiliate, in the upcoming period. Alibaba Group is the largest e-commerce player across the globe by total sales volume. .....
Google Partners with Aramco to Tap Saudi Cloud Market
December 24, 2020 01:43 PM AEDT| By Hina ChowdharyGoogle and Saudi Aramco have joined hands to add the Kingdom to the global network of Google Cloud Platform. Under the deal, the technology giant would start selling its cloud computing services to the Saudi market through state-owned oil behemoth Ar...
Did Apple Missed the Fortune by Refusing To Meet Musk When He Wanted To Sell Tesla (NASDAQ: TSLA)?
December 23, 2020 10:41 PM AEDT| By Kunal SawhneyIt was the darkest days for Elon Musk, and he had no options but to sell his company. But he could not as Apple Inc CEO didn’t have the time. Musk, the CEO of California-based electric vehicle and clean energy company Tesla Inc (NASDAQ: TSLA).....
SoftBank Group floats blank check company for special acquisition
December 23, 2020 08:47 PM AEDT| By Kunal SawhneySoftBank Group Corporation has recently filed an application to float a blank check company with which it is expecting to raise an amount equivalent to $525 million. The fundraising via the blank check company may rise to $603 million if the underw.....
Trump calls the ‘Covid stimulus package’ a disgrace, threatens not to sign it
December 23, 2020 05:45 PM AEDT| By Team Kalkine MediaThe US President Donald Trump rejected the $900 billion coronavirus support package which was approved by a majority by leaders of both chambers of Congress. The aid includes desperately needed funds for the US citizens, but Trump wants the size of.....
Apple on the road? Tech giant eyes car production by 2024
December 23, 2020 01:43 PM AEDT| By Edita Ivancevicby anonymous Apple employees, as Apple refused to comment on future arrangements. Tech behemoth Apple Inc. is now planning to sink its teeth into car production. The firm aims to dabble in self-driving car technology and develop a passenger veh....
US Congress Brings in Tighter Rules for Approving Jetliner Designs
December 22, 2020 07:22 PM AEDT| By Kunal SawhneyThe US Congress, in its year-end federal omnibus spending bill has incorporated significantly tighter rules for accepting jetliner designs after two fatal Boeing 737 MAX jet crashes in 2018 and 2019. The bill is expected to transform the way the Fe.....
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The Pfizer-Biontech Vaccine Gets EU Regulator’s Approval
December 22, 2020 06:04 PM AEDT| By Team Kalkine MediaThe coronavirus vaccine developed by Pfizer-BioNTech, which has already received regulatory authorisation for emergency use in at least 15 countries, including in Britain, Canada, and the United States, has been given conditional approval by the Eu.....
Is Coronavirus Mutation Slower than Seasonal Influenza?
December 22, 2020 05:06 PM AEDT| By Kunal SawhneyUK officials have observed a new mutation of the coronavirus that is spreading rapidly and highlight that it is highly transmissible. Several countries across the globe are imposing lockdown and travel restriction to avoid the spread of the new, co.....
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Allergic Reactions to Pfizer’s COVID-19 Vaccine Under FDA Scanner
December 22, 2020 02:48 PM AEDT| By Hina ChowdharyThe US Food and Drug Administration (FDA) has initiated an investigation into the allergic reactions caused by Pfizer-BioNTech COVID-19 vaccination. The probe comes after people in various US states reported allergic reactions to the vaccine. Im.....
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China Shudders as Aussie Coal Boycott Causes Power Shortage
December 22, 2020 02:19 PM AEDT| By Team Kalkine MediaPower outages, which were thought to be a thing of the past, have recently made a comeback, becoming the new normal in China. The residents of the Hunan and Zhejiang provinces have criticised the issue highly, with the Chinese social media platform.....
After UK, New COVID-19 Strain Found in Australia, the Netherlands, and Denmark
December 22, 2020 12:54 PM AEDT| By Kunal SawhneyJust as the world celebrated the launch of new COVID-19 vaccines, a new virus mutation detected which is highly contagious. The new strain initially detected in parts of the UK, was also found in a few other nations. With the emergence of th.....
Lockheed Martin (NYSE: LMT) snaps a $4.4-Bn deal for Aerojet Rocketdyne
December 21, 2020 07:34 PM AEDT| By Kunal SawhneyIn a move to beef up its technological advancement in aerospace, US-based defence technology company Lockheed Martin Corporation (NYSE: LMT) is going to acquire Aerojet Rocketdyne Holdings, Inc. in an all-cash deal estimated at around $4.4 billion......
Amazon asks CDC for early COVID-19 vaccination of its essential workers
December 21, 2020 06:04 PM AEDT| By Edita Ivancevicroposal gets accepted, all workers should receive their jabs in Phase 2a. Amazon is trying to persuade the Centre for Disease Control and Prevention (CDC) to give all Amazon essential workers early access to the coronavirus vaccine. In a letter...
The Roku-WarnerMedia deal: What’s in store for Americans
December 21, 2020 04:18 PM AEDT| By Edita Ivancevicst subscriptions for HBO Max, which currently has around 12.7 million subscribers. The streaming service HBO Max is finally available on the Roku (NASDAQ: ROKU) devices. The breakthrough joint-service started on 17 December. WarnerMedia, the co...
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US Congress Strikes USD 900 Billion Stimulus Deal for Coronavirus
December 21, 2020 04:09 PM AEDT| By Team Kalkine MediaThe relentless coronavirus pandemic has forced the US Congress to provide further stimulus to the ailing economy. After marathon negotiations, the stimulus deal finally saw the light of day on Sunday, 20 December 2020, when the US lawmakers agreed .....
What’s Facebook & Apple’s latest feud all about?
December 21, 2020 01:18 PM AEDT| By Edita Ivancevicll hurt small and middle-sized businesses that largely depend on personalised ads. Public disputes between tech giants Apple (NASDAQ:AAPL) and Facebook (NYSE:FB) are no secret, but tensions in recent days have escalated over new privacy policies...
Alarm Bells in the UK Over new COVID-19 Virus Mutation
December 21, 2020 12:48 PM AEDT| By Hina ChowdharyViruses show mutation regularly, and researchers have found multiple mutations among different samples of the novel coronavirus, the virus that causes COVID-19. Some of the mutants do not have any effect on the spreads of virus or severity of sympt.....
Cyberpunk 2077 removed from Sony’s PlayStation Store, online buyers offered refunds
December 20, 2020 12:29 AM AEDT| By Kunal SawhneySony Interactive Entertainment (SIE) has removed the much-anticipated Cyberpunk 2077 game from the PlayStation Store. The company is now offering refunds to the customers who had purchased the game through its online stores. It happened just a week.....
Microsoft’s plan of in-house chip deals a heavy blow on Intel’s stock
December 20, 2020 12:26 AM AEDT| By Hina ChowdharyThe shares of Intel dropped significantly over 6% by the market close on 18 December 2020. The technology industry and stock market participants have been recently showing concerns over Intel’s future revenue prospects as Microsoft plans...
AI on the Rise: A Look at Top AI Companies and Their Stocks