Economy

The incoming President of Iran Ebrahim Raisi, has pledged to take steps towards lifting of the ‘tyrannical sanctions’ imposed by the United States on Iran. Raisi made these sentiments after winning the formal endorsement of Iran’s supreme leader. The incoming Iran President is set to ascend into office later in the week. Raisi is under […]

Widely used social network media company Twitter Inc. (TWTR) is planning to launch a competition for computer researchers and hackers based on its image cropping algorithm which since last year has been talked about by social media users who alleged the algorithm tended to exclude black people and men. The company says this competition will […]

United States based vehicle manufacturer General Motors Company (GM) together with its subsidiary Cruise robo-taxi have sued fellow auto manufacturer Ford Motor Company (F) seeking to refrain Ford from using ‘BlueCruise’ to market its self-driving vehicles. In the lawsuit, both GM and Cruise jointly argue that Ford will be infringing on GM’s Super Cruise trademark […]

China has declined a plan by the World Health Organization (WHO) to study the origin of Covid-19 in a second phase investigation in China. Since China was the country in which the virus emerged, there have been allegations doing rounds suggesting the virus escaped from a Chinese laboratory however this rumor was dismissed by the […]

Walmart Inc. (WMT) owned India based online retailer Flipkart claims that it should not be subjected under the same treatment like United States based e-commerce giant Amazon Inc. (AMZN) which they both operate in the Indian market. India’s antitrust regulator, Competition Commission of India (CCI) has been on the neck of the two e-commerce company […]

Leading social media company Facebook Inc. (FB) says it should not be blamed for the United States failing to meet its COVID-19 vaccination target. Facebook made this statement as a retaliation to President’s Biden sentiments in which he said that social media companies are killing people by allowing misinformation about the pandemic spread across their […]

The United States Senate has passed a bill which bans all imports from China’s Xinjiang region as a move to stand against the genocide against Uyghurs and other Muslim groups which has been happening in the region for quite some time now. According to the Uyghur Forced Labor Prevention Act, it creates a rebuttable assumption […]