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China’s Ant Financial applies for banking license in Singapore, joining Grab...
Shortly after Razer and Grab, world’s highest-valued FinTech company “Ant Financial” applied for a digital wholesale banking license in Singapore in its aim to promote...
Volkswagen eyes settlement with customers over ‘dieselgate’ scandal
Germany's largest car company Volkswagen has confirmed entering a discussion with the Federation of German Consumer Organisations or Verbraucherzentrale Bundesverband (VZBV) for possible settlement...
Microsoft claims mimic websites from North Korean hack group
Microsoft was
delighted to announce that it had taken control over 50 websites that were
operated by a hack group in North Korea.
This
after the American technology...
Smart tech maker Wyze admits leak of customer data
US-based smart home technology
company Wyze Labs Inc. has confirmed the leakage of databases of its millions
of customers.
The leak was first reported by
Twelve Security, a...
Electric car maker Tesla secures billion-worth loan to finance Shanghai Gigafactory
Tesla Inc., has confirmed
entering into agreements with Chinese lenders for a secured term loan facility
of up to 9 billion yuan ($1.29 billion) in order...
Media network CNN says Amazon sells fake and dangerous kids’ products
American news-based pay
television channel CNN published an article entitled “Fake and dangerous
kids’ products are turning up for sale on Amazon” citing a 4 in 1...
Uber co-founder Travis Kalanick to resign from ride-hailing giant board
Uber’s co-founder and former
CEO Travis Kalanick is set to step down from the board of directors of the
world’s largest ride-hailing company effective December 31.
Kalanick...
Global stock markets slip on Christmas Eve
With numerous major global markets
closed for Christmas, the equity markets across the globe mostly slipped in a subdued
trading held few hours before the 25th....
Chinese supplier of Tesco claims prison labor allegations untrue
"This
is completely fabricated and slander. We have never established any commercial
relationship with Qingpu prison."
Thus, said General Manager Lu Yunbiao of Zhejiang Yunguang Printing, the...
British grocery chain Tesco ends production at Chinese factory over forced...
Tesco, a U.K.-based grocery chain, has stopped its production of Christmas cards at a Chinese factory following claims of alleged prison labor.
According to reports,...