Business

Business & Finance19 January 2022, 4:58 pm. 1 minute Chinese property developers’ shares and bonds extended gains after Reuters revealed that China is drafting nationwide rules to make it easier for property developers to access pre-sale funds held in escrow accounts in its latest move to ease a severe cash crunch in the embattled sector. Sources told Reuters that the new rules would help developers meet debt obligations and pay suppliers and finance operations by letting them use the…

I am driving in the California hills high above Malibu, in a deep-blue electric Audi E-tron, and I turn onto a pitch-black winding road. Instinctively, I reach to turn on the high beams. But before I have a chance to do so, the low beams automatically rise and spread out like a hand fan, filling the entire roadway with light and projecting it far into the distance.A few seconds later, the headlights of an approaching vehicle set my headlights in motion; the high beams angle down as the light continually shape-shifts,…

He frequently tells the story of his supposed inspiration for founding Salesforce. Despite success at Oracle, where he worked early in his career, Mr. Benioff was plagued by existential doubt, prompting him to take a sabbatical to southern India. There, he visited a woman known as “the hugging saint,” who urged him to share his prosperity.From the incorporation of Salesforce in 1999, Mr. Benioff pledged that he would devote 1 percent of its equity and product to philanthropic undertakings, while encouraging employees to…

Elizabeth Holmes, the Silicon Valley start-up founder convicted of fraud this month, will be sentenced on Sept. 26, according to a court filing on Wednesday.Ms. Holmes, who was found guilty on three counts of wire fraud and one count of conspiracy to commit wire fraud, faces a maximum sentence of 20 years in prison for each count. She is expected to appeal the verdict, and the court ordered any “post-trial motions” to be filed by March 4.The length of time before the sentencing will allow prosecutors to handle a trial…

Many concerns have been raised 5G safety concerns that there is a possibility that C-Band spectrum 5G wireless might make unnecessary interference with the electrical functions of the aircraft.

Part-time workers, comprised of young adults with less amount of experience, had to go through a challenging time to be able to find employment during coronavirus pandemic.

Multiple protests are being held in front of the Amazon buildings that are located in the United States, United Kingdom, and Europe on the sale of Black Friday.

Plans about rollout of the end-to-end encryption plans by Meta on Instagram and Facebook, have been delayed for the time being amid a case over the safety of children.

According to Visa, this move regarding the suspension of transactions through Visa credit cards is a very disappointing step that has been taken by retail giant Amazon.

Several workers hired by Shein were distributed in six different locations in Guangzhou, found to be working over 75 hours in a week and reported by Public Eye, which is a Swiss advocacy group.

AstraZeneca had previously stated that they would only be starting to make profits from Covid vaccine when the widespread of coronavirus is no longer a worldwide pandemic.

The Twitter poll had been able to attract more than 3.5 million public votes, with about 58% votes that were in favor of Elon Musk selling his stock shares.

Facebook announced that the firm would no longer be utilizing the facial recognition software for the identification of faces in videos and photographs posted on their social media platform.

The deal with Hertz was announced in the last week of October 2021 by the rental car company with Tesla, which has the largest rental car order placed by any firm for electric vehicles.

Facebook changed its business name to Meta as a part of rebranding. Frances Haugen has allegedly accused Facebook, now named Meta, of putting the profits of the company over the safety of the users.

On Tuesday, Squid Game cryptocurrency was only worth 1 cent each, but by the end of the week on Friday, the value of a single cryptocurrency was able to reach $4.39.

Apple has officially taken down the Quran app in China, which is the most popular application in the world, after following through with the request made by an official in China.

Instagram and WhatsApp, both owned by Facebook, were also down. Billions of dollar loss had been suffered after just a few hours of Facebook down by the firm.