Business – Page 2 – The Rising Europe

IBM announces acquisition of US-based Neudesic; adds to India presence

IBM today announced the acquisition of Neudesic, a US-based cloud services consultancy specializing primarily in the Microsoft Azure platform, along with bringing skills in multicloud. This acquisition will significantly expand IBM’s portfolio of hybrid multicloud services and further advance the company’s... Read more... February 16, 2022 | By The Rising Europe | No Comments

I-T Dept issues over Rs 1.67-trn refunds to 18.7 mn taxpayers till Feb 7

The Income Tax Department on Wednesday said it has issued refunds of more than Rs 1.67 lakh crore to 1.87 crore taxpayers so far this fiscal. This includes 1.48 crore refunds of Assessment year 2021-22 (fiscal ending March 2021)... Read more... February 7, 2022 | By The Rising Europe | No Comments

US seizes three dozen websites used for ‘Iranian disinformation’

Seized sites include Press TV and Houthi and Palestinian outlets. Move comes amid tense efforts to revive nuclear deal. US Justice Department has seized 33 Iranian government-affiliated media websites, as well as three of the Iraqi... Read more... June 23, 2021 | By The Rising Europe | No Comments

Israel-based i24News channel to open Dubai office

The television network will be the first Israeli media entity to set up in the UAE since the normalisation of ties last year. ... Read more... June 21, 2021 | By The Rising Europe | No Comments

Ambani’s goal of ruling Indian smartphone market in trouble

Supply chain disruptions, rising parts prices and culture clashes with co-brand partner Google are hurting launch plans. Billionaire Mukesh Ambani’s plan to conquer the Indian market with a locally assembled Google-powered smartphone is facing headwinds, with... Read more... June 16, 2021 | By The Rising Europe | No Comments

After a 17 year war over jet subsidies, US and EU eye a truce

A deal to end or pause world’s largest corporate trade war will help dozens of industries caught in tit-for-tat tariffs. ... Read more... June 15, 2021 | By The Rising Europe | No Comments

Is El Salvador’s Bitcoin embrace a cold shoulder to the US

Here’s what to know about El Salvador’s move to accept Bitcoin as legal tender. This week El Salvador became the first country in the world to make Bitcoin legal tender, prompting a flurry of speculation about... Read more... June 12, 2021 | By The Rising Europe | No Comments

Inflation watch: US consumers hit with more price rises in May

United States consumer prices rose a brisker-than-expected 0.6 percent in May, the US Bureau of Labor Statistics said on Thursday, heaping more pain on American households after April’s 0.8 percent rise. ... Read more... June 11, 2021 | By The Rising Europe | No Comments

El Salvador approves Bitcoin as legal tender

A majority of 62 out of 84 lawmakers approved the bill, which President Bukele proposed last week. El Salvador has approved a proposal from President Nayib Bukele for a law to classify Bitcoin as legal tender,... Read more... June 9, 2021 | By The Rising Europe | No Comments

Apple to withhold a new privacy feature in China

The latest compromise Apple makes on privacy in China, where it earns nearly 15 percent of its revenue. Apple Inc says a new “private relay” feature designed to obscure a user’s web browsing behaviour from internet... Read more... June 8, 2021 | By The Rising Europe | No Comments