China fines tech giant Alibaba for monopolising

In a monumental case this month, the Chinese multinational tech giant Alibaba has been fined a historic $2.8 million United States Dollars (roughly 18.2 billion Chinese Yuan) by the Chinese government. The tech giant has been penalized by the Chinese government for monopolizing and abusing its market dominance. Alibaba Group Holding Ltd. is part of… Continue reading China fines tech giant Alibaba for monopolising

Samsung warns of global computer chip shortage

Changing consumer habits due to the ongoing coronavirus COVID-19 global pandemic have seen consumer habits around the world altered. Not only causing tragic social consequences, where reports have been of people dying en masse and being separated from loved ones, but terrible economic ones also.  Nation’s economies around the globe have taken a stunning hit… Continue reading Samsung warns of global computer chip shortage

World record number of satellites launched by SpaceX

SpaceX, the independent American space company, set a new world record this week with the number of satellites launched into space on a single rocket. The SpaceX Falcon rocket was the spaceship used for the launch that took place from Florida in the USA. The Falcon rocket carried 143 satellites, or payloads as they are… Continue reading World record number of satellites launched by SpaceX

Coronavirus lines pockets of Tech elite with extra billions

Since the start of the global pandemic in early January 2020, the effects and consequences of the COVID-19 virus have been widespread and extremely unpredictable. The outbreak is said to have started in a wet market, in Wuhan, the large, modern capital of Central China’s Hubei province. Yet, by late 2020 the virus has spread… Continue reading Coronavirus lines pockets of Tech elite with extra billions

Fintech Start Ups That Made The Cut

7 Fintech Startups That Are Worth Mentioning in 2020  Fintech startups can be considered trendy these days. In 2018 alone, capital funding for such startups in the US reached $13 billion. The following year, this amount increased to $18 billion. Globally, fintech startups were able to generate $34.5 billion in funding. However, before you even start… Continue reading Fintech Start Ups That Made The Cut