OneWeb is reportedly in talks with BT to use its satellite broadband technology to provide coverage to rural areas of the UK. The firm, which was bought by the UK government after nearly going bankrupt last year, intends to launch a network of more than 650 low Earth orbit satellites that will be able to beam down … Read more
China has opened an investigation into e-commerce giant Alibaba over alleged anti-competitive behaviour, regulators announced this week. Despite keeping a relatively low profile in Western countries, Alibaba Group is one of the world’s largest corporations, with offerings span e-commerce, AI, cloud computing, gaming, and financial services. Its success has made founder Jack Ma – a … Read more
The EU Commission has outlined its long-awaited plans to overhaul ageing regulations for digital companies. Under the sweeping plans, the largest tech companies could face hefty fines and the threat of being broken up. The Digital Markets Act and Digital Services Act will update the 20-year-old e-Commerce Directive, which regulates digital services in the EU. … Read more
Facebook is facing what may be its greatest legal battle yet, with the Federal Trade Commission (FTC) and nearly every US state separately filing antitrust lawsuits against the company. The competition watchdog has accused Facebook of engaging in a “bury or buy” strategy to eliminate competition, including by purchasing growing rivals Instagram (acquired in 2012 … Read more
The manufacturing industry can play a significant role in the vision of making India self reliant or ‘Atma Nirbhar Bharat’. This can happen if manufacturing units raise the bar of production and make products for both the local and global markets. The pandemic has nudged us from the familiar world of the physical to that … Read more
Chemicals giant Ineos has partnered with Korean automaker Hyundai to establish a “hydrogen value chain” in Europe. Under their memorandum of understanding, the companies have committed to “explore new opportunities” to accelerate the hydrogen economy, investigate opportunities for the production and supply of hydrogen and for the global deployment of hydrogen technologies. They will also … Read more
Apple is set to pay $113m (£85m) to a coalition of 33 US states over its decision to intentionally slow the processor speeds of ageing iPhones. In 2017 it emerged that, following a software update, older iPhone models were having their performance gimped, with Apple claiming this was to enable the processor to continue to operate … Read more
Apple has said it will launch a programme cutting the commission it takes from app sales to 15 per cent for developers who make less than $1m annually through its iOS App Store. The ‘Small Business Program’ follows legal action taken by Fortnite developer Epic Games, which in August accused Apple of following monopolistic practices for its … Read more
The US’s first regional hub for flying cars is to be built in Orlando, Florida by the Tavistock Development Corp and aviation startup Lilium. The Lake Nona Vertiport will be built near Orlando International Airport in the Lake Nona community, which has ambitions to become a ‘smart city’ and is already home to medical and … Read more
According to a Reuters report, Shenzhen-based tech giant Huawei is planning to sell its budget smartphone subsidiary Honor to a consortium led by the government of Shenzhen and Digital China Group. Honor was established by Huawei in 2013, offering a range of budget-friendly smartphones mostly targeted at young consumers as an alternative to high-end Huawei-branded … Read more