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Business

India To Test Johnson & Johnson Baby Powder

India has seized samples of Johnson & Johnson baby powder from its manufacturing plants in Himachal Pradesh. Also hundred  drug inspectors have assigned to examine different manufacturing facilities, wholesalers and distributors linked to J&J India. A report came out last week stating J&J’s raw talc and finished powders sometimes tested positive for small amounts of (cancer-causing) […]

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Business World

Ocean Cleanup System 001 Suffers A Glitch

A non-government organisation ‘Ocean Cleanup’ put in operation the ‘System 001’ in the Pacific Ocean to reduce plastic pollution. The device is 2,000 feet long with a 10-foot skirt hanging below it, under the water. It will create a barrier in the oceans for the plastic so that it can be collected. Garbage patches in the oceans […]

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Business

Twitter sees suspicious traffic

Twitter shares fell 7% after it announced about unusual spike in its traffic. Twitter in its blog said it received a large number of traffic from individual internet IP address from China and Saudi Arabia. The unusual traffic could be state sponsored hackers who may be trying to steal users data including phone number and country […]

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Business

China court orders ban on iPhone sale

The Chinese People’s Court has ordered immediate ban on iPhone sales in China. The verdict came after the US chip giant Qualcomm took Apple to court for violation of three patents. The court banned sales of all the previous iPhone models between the iPhone 6S and iPhone X. The recent iPhone models iPhone XR, iPhone XS and iPhone […]

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Business Insane

Forbes India’s Richest 100

Forbes released its annual edition of India’s richest people. India’s wealthy 100’s wealth rose by US$ 492 billion dollars the past year. Among the nation’s 100 richest, 11 saw their wealth jump by US$ 1 billion or more.Like always Reliance Industries Mukesh Ambani stood at the number one spot. He added US$ 9.3 billion to […]

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Business

Huawei CFO Arrest

China’s most successful tech giant Huawei was shaken up after its Chief Financial Officer (CFO) Meng Wanzhou was arrested in Canada for violating economic sanctions. Canada received the request for arrest from the United States Justice Department. US will request for Wanzhou to be extradited for violating economic sanctions on Iran, North Korea, Syria and […]

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Business Entertainment

Most paid youtuber is a 7 year old – Complete List

The Forbes magazine released its annual wealth list. This time around it included a special section for the booming Youtube industry. Here is the list of the most earning youtubers for the past year. 1 . Ryan Toy Reviews The 7 year old Ryan who reviews toys tops the charts with annual earning of US$ […]

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Business World

Putin’s wealthier than Bill Gates

Russian President Vladimir Putin might be the world’s wealthiest person on earth. Yes, he could be ahead of Microsoft’s Bill Gates and Amazon’s Jeff Bezos. The actual wealth of President Putin is not in public domain. Putin’s wealth is distributed across a secret web of company holdings, real estate, and other people’s accounts, so it’s […]

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Business

14 flights cancelled as pilots report sick

India’s leading carrier Jet Airways cancelled 14 flights on Sunday after pilots reported “sick”. The carrier is financially strained and has not been making salary payments to its employees since August. It defaulted salaries to its senior management, pilots and engineers. Fourteen flights were cancelled due to some pilots reporting sick, and many were protesting […]

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Business

Microsoft beats Apple as the most valuable company

Microsoft pipped Apple to become the most valuable company, this happened after 15 year interval. The software giant ended Friday with a market value of more than $851bn compared with Apple’s $847bn. The iPhone maker has seen its share price plunge in recent weeks, finally lost its lead. Apple’s shares have fallen almost 25% since […]

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Business

iPhones made in the US

President Donald Trump is considering a new round of tariffs specially for the iPhone’s. The proposed tax could be anywhere between 10% to 35%. Which means that the basic iPhone XS model in the United States could rise by US$350. Apple will eventually pass this additional bill to its consumer, making the iPhone even more […]

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Business

Amazon races ahead Flipkart in India

Amazon overtook Flipkart in India for the FY18. Barclays reported that Amazon’s Gross Merchandise Value (GMV) was US$7.5 billion compared to Flipkarts US$ 6.2 billion, for the calendar year ending 31st March 2018. Flipkarts data is inclusive of Myntra and Jabong. However in terms of revenue Flipkart is still leading Jeff Bezos’s Amazon. Flipkart’s revenue […]