Officials said online platforms bring huge benefits for businesses and society, but there is growing consensus in the UK and abroad that the concentration of power within a small number of tech companies is curtailing growth in the tech sector, reducing innovation, and potentially having negative impacts on the people […]
Year: 2020
MUMBAI: India will allow app-based taxi aggregators such as Uber Technologies and Ola to charge up to 20 per cent commission on ride fares, according to guidelines issued on Friday (Nov 27) , diluting an earlier proposal to cap fees at 10 per cent. Industry experts had warned that a […]
BEIJING: US electric car maker Tesla is recalling 870 vehicles in China over defective roofs, part of which could fall off, China’s market regulator said on Friday (Nov 27). The announcement comes just a month after another recall of almost 30,000 cars imported into China – the world’s biggest auto […]
The Ministry of Commerce imposed import taxes of up to 212.1%, effective Saturday, which Australia’s trade minister said make Australian wine unsellable in China, his country’s biggest export market. China on Friday added wine to the growing list of Australian goods barred from its markets in a trade war against […]
The doses would cover 13 million out of Thailand’s 69 million population. Thailand on Friday signed a deal to procure 26 million doses of the trial coronavirus vaccine developed by pharmaceutical firm AstraZeneca in collaboration with Oxford University. It is expected to be delivered in mid-2021. The doses would cover […]
The UK government said that it’s setting up a “Digital Markets Unit”, scheduled to launch in April, will oversee a new regulatory regime for tech companies that’s aimed at spurring more competition. Britain plans to create a new watchdog to police big tech companies including Google and Facebook to counter […]
The law was passed in 1996 as a part of the Communications Decency Act, which encouraged the emergence of a new form of communication in the internet era. US President Donald Trump reiterated his demand to repeal Section 230, a piece of internet legislation, after a hashtag, targeting the outgoing […]
BERLIN: Volkswagen is bringing forward the development of a small electric car for the mass market in anticipation of tougher climate regulations, according to plans seen by Reuters, as it seeks to boost sales in a new green era. Under the project dubbed “Small BEV (Battery Electric Vehicle)”, engineers are […]
Sau Paulo governor Joao Doria in an interview on Thursday said Sinovac could be rolled out without approval from the national health regulator, in comments described by health experts as ‘empty threat.’ Sao Paulo could roll out a COVID-19 vaccine developed by China’s Sinovac without approval from the national health […]
BEIJING: China is considering drawing up a blacklist of “diehard” supporters of Taiwan’s independence, the government said today, which may see Beijing try to take legal steps against democratically-elected President Tsai Ing-wen. Taiwan condemned the plan after the pro-Beijing Hong Kong-based newspaper Ta Kung Pao first reported on it this […]