Lego strengthens Chinese presence through involvement in classrooms

Lego is seeking new markets owing to decline in sales in its traditional markets and because of this the Danish toymaker is strengthening its position in China by promoting its place in the classrooms across the country. Lego is working with a number of local organizations, schools and private education providers in the country to promote use of Lego as an education tool that boosts motor skills, creativity and attention spans. Lego is working to present itself as a tool that helps instill and nurture the much needed skills in children. China is a market that is already aware of how …

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Silicon valley investors fearing China’s tech muscle?

It turns out that investors in the Silicon Valley are worried about the progress being made by China’s tech sector with many concerned that the emerging new technology power could soon overtake US in areas like AI and autonomous vehicles. The notion of the Chinese tech sector leaving the US behind came up at a Bay Area debate earlier this week when Sequoia Capital venture partner Mike Vernal posited that China could overtake US in some emerging technologies. Speaking at an event hosted by The Churchill Club, Vernal said that the Chinese tech sector being pushed by the Chinese Government …

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UK Gov to review monthly visa cap

The UK government has put forward changes to the immigration policy before the parliament, with some changes said to be beneficial for the Indian IT sector. The changes include review of its strict visa quotas available to professionals from countries like India. As part of the immigration changes, the government said it would ask the independent Migration Advisory Committee to review the composition of the Shortage Occupation List. This is likely to further ease up the visa regime for businesses to be able to bring in professionals from countries like India to work in the UK. “Coming in the wake …

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Facebook can’t see WhatsApp messages

Much to the relief of millions of WhatsApp users, Facebook CEO has testified before senators in the US that Facebook systems systems do not see the content of messages being transmitted over WhatsApp. Mark Zuckerberg was testifying before US Senators in connection with Facebook’s data breach scandal and foreign interference in election. WhatsApp users have been concerned over the possibility of their data being misused just like data from the social networking platform was also misused. Zuckerberg has also said that they will do everything possible to ensure that the upcoming elections in India and other countries are fair and at …

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Facebook not to compensate users over Cambridge Analytica data misuse

Facebook has outright denied any possibility of compensating users in the EU for the misuse of their personal data by political consultancy Cambridge Analytica. In the written reply to questions put forward by European Union lawmakers, Facebook said that was a “breach of trust,” but no bank account details had been shared. And it said there was no evidence EU user data had been involved. The answers were promised after testimony earlier this week by CEO Mark Zuckerberg in Brussels had left EU lawmakers frustrated about a lack of responses. As per a Reuters report, Cambridge Analytica has filed for Chapter …

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The Satellite Telephones Market is anticipated to cross $5.5 Billion by 2021

The global market of satellite telephones is anticipated to cross $5.5 Billion by 2021, according to “Global Satellite Telephones Market, By Satellite Type, By End User, By Region, Competition Forecast & Opportunities, 2011 – 2021” The ability to allow the user to stay in touch with one another at the time of any emergency is boosting the demand for satellite phones across the world. Satellite phones can also be used in areas where the government has restricted the access to internet and calls. In addition, they can be used in areas affected by natural disasters such as earthquakes, tsunami, etc. …

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Wallmart Flipkart deal invites serious objections from CAIT

India’s largest trading community – Confederation of All India Traders (CAIT) – has filed a petition with the Competition Commission of India (CCI) raising some serious objections. According to the petition, Walmart will create an unfair competition and uneven level playing field and will indulge in predatory pricing, deep discounts and loss funding if it acquired Flipkart. The petition further said that Flipkart is a combination of predation, exclusive tie-ups and of preferential sellers where even online vendors face discriminatory conditions and Walmart being the owner by virtue of 77 percent share is bound to give preference to its inventory. The Walmart-Flipkart …

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Why Trump blocked Broadcom’s $117-bn bid to buy Qualcomm?

Broadcom’s of acquiring Qualcomm was going on as per plans with all the aspects taken care of, but U.S. President Donald Trump had other plans and has blocked the acquisition bid. Trump has blocked the unsolicited $117-billion takeover bid of American chipmaker Qualcomm by Singapore-based rival Broadcom citing national security reasons. If the deal would had materialized it would have been the biggest technology deal ever amid concerns that it would allow China to take the lead in the booming chip market. Trump, in his executive order, said there is “credible evidence” that leads him to believe that if Broadcom …

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Workers in female-dominated workplaces have worse access to flexible working arrangements

Researchers have shown through data from as many as 27 countries across the EU that workers in female-dominated workplaces have worse access to flexible working arrangements than those in gender-neutral and even male-dominated workplaces. The University of Kent study debunks a common assumption that low wages often found in female-dominated workplaces are justified through better provision of family-friendly arrangements. Scientists showed through their study that’s not the case and that low wages are accompanied by worse working conditions for many. The study looked at individuals in 27 countries across the EU. It found that the best workplaces for providing flexibility were gender-neutral – …

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KFC shutters nearly 80% of its stores in UK due to chicken shortage

In what is considered to be one of the biggest business disruption for KFC in recent years, the fast-food chain had to shutter hundreds of stores in the UK owing to shortage of chicken. KFC inked a deal with DHL for deliveries of its chicken and other essentials across the UK, but things didn’t go as per the plan with ‘operational issues’ taking over preventing on time delivers of the goods to nearly 80 per cent of KFC stores in the UK. According to reports more than 700 stores had been shuttered in the UK over the weekend while some …

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