The Japan Aerospace Exploration Agency (JAXA) is an agency of the Government of Japan in charge of research, and technology advancements that include the launch of exploratory space missions into the orbit. The company was formed through the merger of 3 independent organizations in the year 2003. It is headquartered in Tokyo, Japan. According to…
Wayfair To Layoff 1,650
Wayfair Inc. is an e-commerce company that specializes in the sale of furniture and home goods. It was founded in 2002 and was formerly known as CSN Stores, with its headquarters in Boston, Massachusetts. The company currently offers 14 million items from more than 11,000 global suppliers, with offices and warehouses throughout the United States,…
Google Introduces New Ways to Search
Google, the multinational technology company that boasts of being the largest provider of search, navigation, cloud storage, mapping, and email technology, etc., has announced 2 new methods that will help customers search for contents faster. According to recent reports, Google released ‘Circle to Search’ for Android, giving customers the ability to circle, tap, or highlight…
Macy’s to Layoff 2,350
Macy’s is a department store that was founded in 1858, with its headquarters in New York City, USA. Its range of products include things like clothing, cosmetic, furniture, home appliances, toiletries, houseware, toys, etc. Macy’s is a subsidiary of a Macy’s Inc, formerly referred to as Federated Department Stores, Inc. The company boasts of being…
YouTube to Layoff 100
YouTube is an online video sharing and social media platform, a subsidiary of Google, accessible worldwide. It was launched in 2005, with its headquarters in San Bruno, California. It is the second most visited website in the world, after Google Search. It boasts of over 2.5 billion monthly users. According to reports, YouTube has announced…
Volvo Recalls 17,409 Vehicles
Volvo Cars is a multinational luxury vehicle manufacturer founded in 1927, with its headquarters in Gothenburg, Sweden. The company has been a standalone organization since 1999, when its parent company, AB Volvo, sold its automobile manufacturing division to Ford Motor Company, and in 2010 Ford sold the company to Geely, a private multinational automotive company…
India: The Clamp Down on Crypto
The Financial Intelligence Unit – India (FIU-IND), an agency of India’s Department of Revenue, that is in charge of monitoring and controlling financial activities in the country and tackling offences under the Prevention of Money Laundering Act, 2002, has increased the clamp down on cryptocurrencies. According to recent reports, both Google and Apple have removed…
LG: First EV Charging Facility
LG Electronics Inc. is a multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a subsidiary of LG Corporation. The subsidiary was founded in 1958 as GoldStar. LG has announced the launch of its first Electric Vehicle charging facility in Texas, USA. The new EV Charging facility spans across 100,000 square feet…
BlackRock: $12.5 Billion GIP Acquisition Deal
BlackRock Inc is a multinational investment company that was founded in 1988, with its headquarters in New York, USA. The company boasts of being the largest asset management firm in the world, with $9.42 trillion USD in assets as of June 2023. With over 70 offices in 30 countries, the company specializes in asset management,…
eBay: $3 million Harassment Fine
eBay Inc is a multinational ecommerce company that was founded in 1995, with its headquarters in California, USA. The company specializes in peer to peer, and retail sales, through an online marketplace that is available in about 190 regions worldwide. eBay utilizes a sealed bid system between sellers and buyers. According to recent reports, eBay…