Microsoft Settles For $20M in Illegal Children’s Data Collection
In a landmark settlement, Microsoft has agreed to pay a hefty $20 million fine to resolve charges of unlawfully collecting children’s data in the United States. The settlement, announced recently by the Federal Trade Commission (FTC), serves as a stern reminder of the critical need for technology companies to prioritise the privacy and protection of…
Yash Sharma
Biden Strikes Debt Ceiling Deal, Easing Concerns of Catastrophic Default
In a significant development, U.S. President Joe Biden and House Speaker Kevin McCarthy have come to a mutual understanding on a budget agreement that entails the suspension of the $31.4 trillion debt ceiling until January 1, 2025. Biden expressed his satisfaction with the deal, emphasising that it safeguards the American people, removes the threat of…
General Motors To Invest In Lithium-Tech Startup EnergyX
On Tuesday, General Motors Co, a multinational automobile manufacturing company, announced its investment in lithium technology startup EnergyX. The automaker plans to invest $50 million to help EnergyX expand its business across South and North America. According to Reuters, the reason behind this move of General Motors is its plan to move into the mining…
Sumit
Oil Prices Jumped After Surprise Move To Cut Production
Oil prices increased on Monday when several world’s largest exporters announced a surprise cut in production. Now Brent crude oil is trading at $85 a barrel after jumping straight 6%. Some economists anticipated that the higher price would make it harder to cut the cost. But the RAC motoring group stated that the rise in…
Colonel Sanders Success Story: The Tale Of KFC’s Founder
“One has to remember that every failure can be a stepping stone to something better.” – Colonel Harland Sanders. This quote is given by the founder of fried chicken KFC (Kentucky Fried Chicken). With this Colonel Sanders Success Story, you get an insight into his life and achievements. About KFC KFC is an American food…
Three Reasons Why Online Casinos Make a Great Business in 2024
One of the best business opportunities out there in 2024 is getting into the online casino industry. Over recent years the market has been growing at breakneck speeds, with technology, internet access and the impacts of the pandemic all driving people towards online casinos. Combine this with a growing relaxation of government gambling restrictions, and…
Himanshu
Why Is COVID-19 Not Slowing Down In China? Key PointsÂ
China is continuously under lockdown due to continuous COVID-19 cases, but the country reported a massive surge in cases recently as the Chinese government lifted the three-year lockdown last month. Eric Feigl-Ding, an Epidemiologist and health economist, claimed that the hospitals in China had been completely overwhelmed since the restrictions dropped. He also predicted that…
Sitharaman To Attend IMF, World Bank Meetings In USAÂ
Finance Minister Nirmala Sitharaman will attend several meetings on her visit to the United States. Among them, two significant meetings are the International Monetary Fund (IMF) and the World Bank, which will more likely deliberate on the current global economy. These meetings aim to highlight India’s policy priorities and showcase India’s attractiveness as an investment…
Shipra Prajapati
Britain’s Longest-serving Monarch, Queen Elizabeth II, Passed Away At 96
Queen Elizabeth II, whose reign saw Britain transition from the age of steam to the age of smartphones and who oversaw the fairly peaceful disintegration of a once-global empire, has died. She was 96 years old. As per a statement released from Buckingham Palace, she took her last breath at her Balmoral, Scotland-based mansion on…
India Becomes World’s 5th Largest Economy- Beats The UKÂ
India has left behind the United Kingdom to become the world’s 5th largest economy. As per IMF projections, India is now following only the United States, China, Japan, and Germany in terms of economy. A decade ago, India was ranked 11th position among the largest economies, while the United Kingdom ranked on fifth place. With…
