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Rosneft Pulls Out of Venezuela Following U.S Sanctions

U.S sanctions against Venezuela seem to be hitting hard and harder on the nation situated on the northern coast of South America. The latest casualty of these sanctions is Russian integrated energy company Rosneft Oil Company (ROSN). The largest Russia based oil company has announce that it will be ceasing operations in Venezuela with immediate […]

Global Airlines Urge Governments to Aid Them Overcome Plunge Due to Coronavirus

Coronavirus pandemic is biting so hard and so fast into every economy, various sectors have been deeply affected by this situation since businesses are no longer running as usual. World airlines remain among the top of the businesses greatly affected by outbreak of coronavirus. Almost every nation in the world now has completely shut down […]

A Group of Cyber Security Gurus Unite to tackle Coronavirus Related Hacking

Truth is it would be naive to think that at this time of a great catastrophe there are no criminal activities going on around the globe. As weird as it might sound, some bad people are still out there with intentions of benefiting from other peoples misfortunes. Following the outbreak of coronavirus pandemic worldwide illegal […]

Facebook and Netflix to Relieve Network Congestion in India by Reducing Data Traffic

Social media guru Facebook Inc. (FB) and media services production company Netflix Inc. (NFLX) announced they will be reducing amount of data their services consumes in India so as to ease network congestion in the country. The companies claim to have taken this measure so as to reduce network congestion in the world’s second highest […]

Flipcart Suspends Operations in India Following a 21 Day Lockdown

On Wednesday Walmart Inc’s. (WMT) subsidiary Flipcart announced suspending its operations indefinitely in India. The company relayed this information through its website less than 24 hours after a 21 day lock-down had been declared in the world’s second highest populated country. Flipcart did not reveal how long they intend to remain closed however the retailer […]

Amazon (AMZN) And Facebook (FB) Focus On Smart Glasses: Sales Of AR Glasses Surge To 30 Million In 2023

Sitting at 850 miles apart, Amazon.com, Inc. (NASDAQ:AMZN) and Facebook, Inc. (NASDAQ:FB) have announced a closer vision into future computing. Facebook announced its plans to introduce Augmented Reality (AR) Smart Glasses. The smart glasses would be developed to concentrate on people when compared to connecting the user to a computer. According to CNBC, Facebook plans […]

Bitcoin Experiences Huge Sell-Off AS Uncertainty Surrounds The Launch of Facebook’s Libra

Crypto markets have been bleeding this week with bitcoin among the coins that shed significantly. Bitcoin lost more than 15% in a surprising selloff and the process dragging down the whole industry. This caught investors and traders who had hoped that the launch of Bakkt platform could boost bitcoin off guard. Facebook’s Libra falls back […]

Alphabet Inc (NASDAQ:GOOGL) Under Scanner On Proposal To Adopt DNS Over HTTP, A New Standard To Improve Privacy

Alphabet Inc (NASDAQ:GOOGL) Google is under scanner on its recent move to encrypt the Internet. Congressional anti-trust investigators feel that new standard DND Over HTTP gives Google an unfair advantage. The search giant could take advantage of the user data for commercial gains. According to the Wall Street Journal, the investigators on behalf of House […]

Shares Of Brokerage Firms Tanks As Interactive Brokers Say They Will Offer Trades At No Fees

On Friday shares of retail brokerage firms Etrade Financial (NASDAQ:ETFC), Charles Schwab (NYSE:SCHW) and TD Ameritrade (NASDAQ:AMTD) were trading on the down. This was a result of the announcement that Interactive Brokers will be making any amount of stock trade without commission charges. Charles Schwab plunged 2.2% while ETrade Financial lost 4.8%. TD Ameritrade was […]

Facebook Inc. (NASDAQ:FB) Piloting Hiding of Likes As A way of Improving Users Experience

Facebook Inc. (NASDAQ:FB) is testing the hiding of like counts for users on the site just like it did with Instagram. The company will pilot the same as from Friday for Australian Facebook users. However, the company has not indicated whether the change will apply permanently to other regions. Facebook to hide likes The test […]