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Amazon acquires 49 percent shares in Witzig Advisory services

One of the world's largest E-commerce giant, Amazon Inc has acquired the 49% of the shares in Witzig Advisory Services, which also owes 'More Supermarket stores."In a filing with Registrar of Companies (RoC), Witzig said that "Amazon has acquired 17% of class A shares in the company and the rest 32% through Class B shares which has the differential voting rights (DVR)."The filing also said that "Each share

Over waste, violation cost $86,000 to Tesla in a settlement with EPA

Reaching a settlement with US-based Environmental Protection Agency (EPA) over waste violation has cost electric vehicle maker Tesla $86,000.Tesla will have to shell out $31,000 as penalty and has agreed to buy $55,000 worth of emergency response equipment from the Fremont Fire Department.In 2017, Tesla allowed hazardous waste to accumulate at the company's factory in Fremont, California beyond the allowed

Facebook wants users to disclose passwords of their email accounts

Facebook is asking users to disclose passwords to their personal email accounts in order to access the social networking platform, the media reported.A message has been flashing on some Facebook users' log-in screen, demanding them to enter the password of the email ID they built their Facebook account on, The Daily Beast reported on Tuesday."To continue using Facebook, you'll need to confirm your email,"

Microsoft partners with BMW to build “Open Manufacturing Platform” for developing smart factories

Microsoft Corp and BMW Group on Tuesday launched an initiative to create an Open Manufacturing Platform that seeks to stimulate innovation and accelerate the development of 'smart' factories.It's the second alliance of its kind in a week after Volkswagen and Amazon Web Services teamed up to connect the German car maker's 122 group plants to improve production systems and processes.Both deals reflect a push

Google to sign MoU with Cuba for connectivity improvement

Alphabet Inc's Google plans to announce a memorandum of understanding with Cuban telecoms monopoly ETECSA on Thursday to explore ways of improving connectivity on the Communist-run island, a person familiar with matter told Reuters.While relations between the United States and Cuba have nosedived of late, the old Cold War foes seem able to agree on the need to increase internet access in what has long been one

Facebook to set up 24×7 election response team ahead of Lok Sabha 2019 election

Ahead of the General Lok Sabha Elections, Social Media Giant Facebook Inc is planning to set up a 24hr response team to monitor objectionable content on the go.In an interview with the Economic Times, Facebook's director for product management for civil integrity, Samidh Chakrabarti said that "The work we are doing over here is so important that we have staffed a dedicated product team for the Indian elections

Uber to acquire its Dubai based rival for $3.1 billion

An American ride-hailing company Uber is planning to acquire Careem, a Dubai based taxi company and also one of its main competitor in Dubai.Quoting to the sources Reuters on Monday reported that "Uber is planning offer over $3.1 billion to buy Dubai-based rival Careem Networks FZ.""And it is expected to unveiled by early half of this week," the report added.However, it did not mention what will be the

Apple may launch its most-awaited video service on 25th March

Apple is expected to announce on March 25 that it's launching a video service that could compete with Netflix, Amazon and cable TV itself. It's a long-awaited attempt from the iPhone maker, several years after Netflix turned "binge watching" into a worldwide phenomenon.The new video service is expected to have original TV shows and movies that reportedly cost Apple more than $1 billion — far less than Netflix

Microsoft to end its support for windows 7

Microsoft is rolling out a notification update to existing Windows 7 users, informing them that the software giant is pulling away support for the operating system (OS) version."After 10 years of servicing, January 14, 2020, is the last day Microsoft will offer security updates for computers running Windows 7. This update enables reminders about Windows 7 end of support," the company wrote in a post on Friday.

Google’s Czech rival wants details of Android smartphone users

Czech search engine Seznam urged Google to disclose more details about its plan to boost rival search apps in Android smartphones, saying it continued to lose users due to what it said were Google's anti-competitive practices.Seznam, which attracts as much advertising spend as Google in the Czech Republic, took its grievance to the European Commission nearly three years ago.It subsequently joined lobbying