If Germany pledges too much financial aid to companies to mitigate the consequences of the corona crisis, other European countries like Spain and Italy will be able to point to the country and say Germany has enough money. That is what German Chancellor Angela Merkel said in a meeting […]
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Nokia Defends Itself Against A Hostile Takeover
Nokia, together with an investment bank, is currently defending itself against a hostile takeover bid. But the network company denies the rumours. The rumour comes from the TMT Finance financial website. Besides, Nokia would have hired Citi to help defend itself against that takeover. It is not known who […]
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German Automakers Restart Production After Easing Lockdowns
German automakers such as Volkswagen and Mercedes-Benz will resume production next week, in line with the easing of the lockdown in Germany and other European countries. Germany will reopen some stores from next week, Chancellor Angela Merkel promised. Children from eastern neighbours can also go back to school from […]
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The Stock Exchanges in New York Started with Losses on Wednesday
The stock exchanges in New York started losses on the new trading day on Wednesday. Sentiment on Wall Street is fueled in part by dramatic data on U.S. retail sales as a result of the corona crisis. The industry around New York is also severely affected by the virus […]
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In Germany, Public Transport Passengers are Required to Wear Face Masks
In Germany, public transport passengers are required to wear face masks. And preferably wherever people cannot keep enough distance from each other. That is what a group of experts from the National Academy of Sciences advises. Head of government Angela Merkel had already said that she would take the […]
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OPEC and Russia Confirm Agreement on Production Restriction
In a statement, members of the OPEC oil cartel and ally Russia confirmed that they agreed on Thursday to cut production. In May and June, 10 million barrels less per day are produced to support oil prices. Then production is increased again. Between July and December, the production decrease […]
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Facebook Seems to be Working on Campus Part for Students
The Facebook app contains references to Campus, a newly closed section intended for students. Within Campus, students can create groups and events for their university community. Facebook has not yet announced anything about Campus itself, but developer Jane Wong discovered its presence in the app. Wong studies the code […]
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EU: 15 Billion or Fighting Virus, Especially in Africa
The European Union is coming up with a package of € 15 billion to fight the coronavirus worldwide. Ursula von der Leyen, President of the European Commission, spoke in a video message about aid to partner countries, especially in Africa. “ They need our help to slow down the […]
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What is the Future of Artificial Intelligence?
The world is growing, and so is technology. Artificial Intelligence is one of those advanced technologies that are upholding the humankind to the next level. Gone are the days when humans require workforce for task completion. Today, AI-based gadgets and tools have ultimately offered a new way to manage as […]
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Bill Gates to Build Seven Corona Vaccine Plants: Just to be Safe
Bill Gates and his well-known foundation have factories built for vaccines against the coronavirus. Microsoft’s founder selects the seven most promising vaccines, but only two of them will also be used. With this, the billionaire hopes to make a vaccine available faster. “We don’t waste time like that.” Gates […]