
China approves Cisco's $4.5 billion acquisition of Acacia
Jan 20, 2021 13:47 pm UTC| Business
Chinas State Administration for Market Regulation (SAMR) has approved Cisco Systems Incs purchase of Acacia Communications Inc for 4.5 billion dollars antitrust regulator on condition that the companies ensure fair...

Doosan Mobility Innovation to introduce drone-assisted control for ships
Jan 20, 2021 13:04 pm UTC| Business
Doosan Mobility Innovation (DMI) is collaborating with shipbuilding and marine ICT provider Marineworks to develop an electric marine chart system that allows ships to take preemptive safety measures against undetectable...

S. Koreans more than double spending on Netflix in 2020
Jan 20, 2021 11:28 am UTC| Business Technology
South Koreans are estimated to have more than doubled the amount spent on global video streaming service Netflix last year to 517.3 billion won from 248.3 billion won in 2019, based on local credit card payments. The...

Starbucks: Coffee chain giant pledges to help the government with its COVID-19 vaccine effort
Jan 20, 2021 11:17 am UTC| Business
Starbucks said that it will help Washington with its efforts in vaccinating the citizens by lending spaces to be vaccination sites. This offer will surely make it easier for people to get their COVID-19 vaccine since the...

Amazon, Google, Boeing funds Joe Biden’s inauguration through corporate donations
Jan 20, 2021 10:42 am UTC| Business
Big corporations including Google, Amazon, and Boeing have stepped up to fund Joe Bidens inauguration. Aside from the three mentioned names, other companies have also supported the new president by donating to the...

Jan 20, 2021 10:27 am UTC| Business Economy
Topshop, Dorothy Perkins, and other fashion outlets owned by the Arcadia Group are facing permanent closure as the lockdown due to the COVID-19 pandemic badly hurt the company. It was revealed that the company decided to...

Geely: China's automaker announces partnership with Tencent to develop smart car technologies
Jan 20, 2021 10:23 am UTC| Business
Geely company owned by Chinas Zhejiang Geely Holding Group, revealed on Jan. 19 that it signed a partnership contract with another Chinese multinational technology conglomerate, Tencent Holdings Ltd. Geely and Tencents...