More flights to take off from America to China and vice versa

The U.S. Transportation Department recently announced that China and United States will allow the air carriers to increase the number of flights from four to eight per week between world’s biggest economies. As per the trusted source....

Oracle Corporation enters the race of acquiring TikTok in the U.S.

  The California-based tech giant is working with U.S.-based venture capital firms to buyout TikTok Oracle’s interest in TikTok challenges Microsoft’s similar efforts American computer technology and software giant Or....

K-pop label Big Hit shows 27% surge in profits amid COVID-19 outbreak

Big Hit Entertainment, the South Korea-based management company behind the renowned K-pop group BTS, has reportedly witnessed an 27% upsurge in biannual profits. Sources with relevant information stated that the high profits are a result o....

Telecom giant KT launches Cloud package service for fintech companies

KT Corporation, South Korea’s first telecom operator, has reportedly announced the release of a financial cloud package service to support MyData, a personal credit information management business backed by financial institutions. Fo....

WeChat, Signal app downloads spiked in U.S. after Trump threatens ban

After President Donald Trump threatened to impose a ban on WeChat and its alternative Signal in United States, the number of downloads of the Chinese apps spiked for a short duration of time in the country. As per reliable sources, the Unit....

Lyft follows Uber in exiting California if forced to comply with AB 5

John Zimmer, CEO of the American ride-hailing service Lyft, has recently threatened to shut down all operations in California, following the footsteps of its competitor Uber. This move comes along the heels of the lawsuit filed against the ....

TikTok used loopholes for collecting MAC addresses on Android

According to reliable sources, the Chinese video sharing platform TikTok reportedly made use of a known defect to get around Android protections to track MAC addresses of its users. The investigation, which was reportedly carried out by Wal....

Court wards off Uber, Lyft from classifying drivers as freelancers

A California judge has reportedly issued a preliminary injunction that would prevent ride-hailing companies Lyft Inc. and Uber Technologies Inc. from classifying their drivers as freelancers rather than employees. The recent development fol....

Amazon relaunches Twitch Prime as Prime Gaming for exclusive members

American multinational technology company Amazon.com Inc. has reportedly renamed its live video streaming platform Twitch Prime to Prime Gaming. Sources close to the matter stated that the recent development comes after Amazon pulled down i....

One in three UK firms to cut jobs by third quarter of 2020, poll finds

According to a recent study regarding the economic impact of COVID-19, one in three employers in the United Kingdom are predicted to cut jobs by the third quarter of 2020. Sources close to the matter stated that the survey included over 33%....