Search results for: tax

Opinion: The future of space exploration may belong to robots and billionaires

There was this awakening when Lord Martin Rees said that the space agencies in the world should remove plans to send astronauts to Mars and the moon and leave them to robots and billionaires who could privately risk and fund such adventures.  For onlookers, this sounds different. However, does the statement mean that the space […]

EU sues the UK again over Northern Ireland protocol

On Friday, the EU commission launched four new legal procedures against the UK after the British House of Commons approved a bill to scrap some regulations ruling post-Brexit trading arrangements for Northern Ireland. The commission revealed that Britain’s unwillingness to involve in a meaningful discussion on the protocol ruling the trading arrangements plus its lower […]

Why Big Tech’s Reckoning Won’t Stop With Uber

Now we can say that life for big tech firms appears increasingly different from how it was five years ago. Then, Uber utilized a hidden “kill switch” to thwart police’s probe of its data systems in over 12 countries.  The company forged into places where its service-economy methods broke city rules, rising above the mayors’ […]

Leaked Uber files show records of lobbying, lawbreaking, and exploiting violence against drivers

Tens of thousands of leaked confidential files have revealed a history of lobbying, lawbreaking, and exploiting violence against drivers. The record shows a treasure trove of unlawful and sketchy altitudes from Uber. The files were initially shared with the International Consortium of Investigative Journalists and The Guardian. They showed that Uber has knowingly broken laws […]

My garlic for homes, how China struggles to revive its property industry

China’s real estate sector is struggling to recover as non-Covid policies, and developer debt wears down buyer’s demand. The food-for-property barter replicates rising desperation among property builders after a fall in the trade caused by Covid-19, financial slowdown, and central authority insurance policies. The property builders and provincial officers have been counting on 100mn city […]

Opinion: Yes, Crypto is crashing again, but Blockchain will survive

The US Federal Reserve’s actions and recession fears have brought pressure on financial markets as Crypto has become one of the most challenged assets since the turn of the year. Just last week, Bitcoin fell from $23,000 to $22,000 and then to $21,000. This week, the Crypto industry rapidly fell for the 2nd time in […]

UK’s big tech regulators to boost switching, cut killer acquisition 

The regulatory body in the United Kingdom has unanimously decided to impose rights rules on tech giants.  Tech giants like Google, Facebook, IOS, and the new giant baby, Meta would have to comply with the newly enacted British rules.  After launching a committed component centered on digital marketing a year ago, the UK government will […]

BeSafe Group, an Italian startup, secures €1.2 million for its insurtech

BeSafe Group, an Italian startup, has secured €1.2 million for its insurtech. This is aimed to fasten the development of insurance and tech for European tourism while combining insurtech with travel tech.  The round was jointly agreed upon by CDP Venture Capital Sgr, via its Acceleration Fund and Prana Ventures SICAF.  BeSafe is established to […]

Indian ride-hailing firm Ola will launch in London, where Uber faces the loss of its license

The Indian ride-hailing firm Ola will launch in London this February, after transit authorities revoked Uber’s license to operate in the city last year, according to Business Insider.  The service launched in other UK cities in 2018, and was granted a 15-month license to operate in London last July.  To gain a foothold in the UK’s […]

Scotland details plans to become a hub for the development of self-driving vehicles

Scotland’s cabinet secretary Michael Matheson says the nation will take steps to spearhead the development of driverless vehicles, in a report from Transport Scotland outlining its plans to foster innovation, according to BBC News. The “Roadmap for Scotland” report outlines steps to allow Scottish companies to distinguish themselves in the research, testing, and rollout of autonomous […]