Philips begins repair and replacement of its recalled respiratory devices
Sep 02, 2021 07:00 am UTC| Business Economy
Philips announced that it has started the repairs and replacements of its first-generation respiratory devices that were recalled in the United States. The healthcare unit of the Dutch multinational conglomerate will be...
Amazon announces global job hiring for 55,000 tech jobs
Sep 02, 2021 06:42 am UTC| Business Economy
Amazon revealed its plans to open 55,000 new tech jobs and start the hiring spree in the coming months. The company will also accept applicants for corporate roles and this was announced by its chief executive officer,...
Xiaomi officially enters electric vehicle market with the completion of its business registration
Sep 02, 2021 05:15 am UTC| Business Economy
Xiaomi first entered the business sphere as a Chinese smartphone maker in 2010 and after 11 years, it is venturing into something new. The Beijing-based company just filed its registration to begin its electric vehicle...
Google to readjust profit model as it vows to comply with S. Korean in-app rule
Sep 01, 2021 23:39 pm UTC| Law Technology Economy
Tech giant Google is seeking ways to readjust its profit models in South Korea within the bounds of the new law that curbs its app market duopoly with Apple. Google through its South Korean office vowed to comply with...
Binance to auction Da Vinci, Van Gogh, Monet NFTs
Sep 01, 2021 23:38 pm UTC| Digital Currency Economy
The Binance NFT Marketplace will launch a premium NFT collection backed by the State Hermitage Museum in Saint Petersburg, Russia that will feature NFT artwork by the world-renowned artists Leonardo da Vinci, Vincent Van...
Philippines' Unionbank to offer crypto custody service
Sep 01, 2021 23:05 pm UTC| Digital Currency Economy
The Union Bank of the Philippines (Unionbank) will offer a crypto custody service, in collaboration with Hex Trust, a leading Asian digital asset custodian. The bank says the product is in full compliance with the...
Citigroup to trade bitcoin futures to address clients interest in crypto
Sep 01, 2021 22:53 pm UTC| Digital Currency Economy
Citigroup will offer bitcoin futures trading to its institutional clients who are increasingly interested in cryptocurrency. It is awaiting regulatory approval to offer the product. . In May, Citigroup was reported...
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