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Covid 19 Updates Last updated: May 7, 2021, 06:19 GMT

Confirmed

156,681,524

Recovered

134,042,630

Deaths

3,269,340

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Alibaba freezes executive pay rises amid China's curbs on big tech -sources

As per the sources, the top-tier executives at Alibaba have been kept away from the salary rise in 2021, and the junior staff is being given bigger salary increases. The top executives will only be entitled to the raise, i
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China launches key module of space station planned for 2022

"Tianhe", or "Harmony of the Heavens" was launched by China on the Long March 5B, China's largest carrier rocket, at 11:23 a.m. (0323 GMT) from the Wenchang Space Launch Centre, which contains living quarters for three cre
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Uber app in U.S. to enable users to book COVID-19 vaccines and rental cars

In a production presentation, Uber Technologies Inc stated that the U.S customers can now book an appointment with Walgreens pharmacy for the vaccination and also a ride to reach there.

The new feature is an expansio
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Taiwan minister plays down chances for chip production in EU

Stating TSMC who is the industry leader in making advanced semiconductors, that it will focus its most advanced technology on the island, Wang Mei-hua, the Economy Minister of Taiwan stated that there are no chances that T
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Mexico data protection body to challenge biometric data registry at Supreme court

A new controversial law, states the telecom companies in Mexico to gather user biometric data, it states to aim at reducing crimes like kidnapping and extortion, as criminals would find it difficult to stay anonymous when
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Gucci, Facebook file joint lawsuit against alleged counterfeiter

This is for the first time that an Internet giant has joined hands with a luxury brand to fight the proliferation of counterfeit goods that are being sold through the social media sites. 

Both Gucci and Facebook
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Telegram Update Brings Features Like Payments 2.0, Mini Profiles, Scheduled Voice Chats, More

Recently Telegram has said in its blog that it will soon be updating its app with features like ‘Payments 2.0', scheduled voice chats and mini profiles for voice chats. Though the company did not disclose when it is book
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China launches antitrust probe into food delivery giant Meituan

On Monday, the Chinese market regulator stated, in what is supposed to be the largest target in a widespread crackdown on the country’s internet platform economy, an antitrust investigation into food delivery giant Meitu
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Beijing city fines online education firms for false advertising

According to sources, online education agencies, GSX Techedu Inc, TAL Education Group, Koolearn Technology Holding Ltd and Gaosi have been fined 500,000 yuan ($76,988), for wrongly claiming and misleading customers. The ed
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Apple to help workers get COVID-19 shots at its offices

As per the reports, Apple is working with drugstore chain Walgreens Boots Alliance Inc to be its vendor for the program under which the company plans to help employees get voluntary COVID-19 vaccinations at the iPhone make
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Beijing-based ByteDance says it has no immediate listing plans

On Friday, ByteDance, a Beijing-based company stated that it did not have any plans currently for an initial public offering (IPO).

Shou Zi Chew, was hired last month as chief finance officer, which suggested that th
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SpaceX rocketship launches 4 astronauts on NASA mission to space station

On Friday, NASA and Elon Musk’s commercial rocket company SpaceX , became the first to launch a four-astronaut team on a flight to the International Space Station by a rocket booster recycled from a previous spaceflight.
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Taiwan's chip industry set for years of growth: minister

A senior government minister of Taiwan on Friday said that the country’s semiconductor industry has years of growth ahead of it with no worries about oversupply despite a massive capital investment programme.

Kung
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Fears of Biden tax blow leave cryptocurrencies Ether, Bitcoin on the ropes

Amid a speculation that U.S. President Joe Biden plans to raise capital gains taxes that will curb investment in digital assets, cryptocurrency Ether pulled back sharply from a record high and rival Bitcoin also fell on Fr
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AT&T beats revenue estimates as reopening helps phone sales

As the smartphone sales and media business boosted after reopening of the U.S. economy, AT&T Inc beat Wall Street revenue targets. According to the company on Thursday it added 595,000 net wireless phone subscribers in
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Apple packs iPad Pros with faster chips, slims iMacs and jumps into tracking tags

On Tuesday, Apple announced a range of new computers, a paid podcasting service and devices for finding lost items. 

The new AirTags small devices that would get attached to anything, and would help to locate on
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China delivery giant Meituan raises $10 bln - a warchest for drones, self-driving cars

Despite a regulatory clampdown on the sector, underscoring strong investor faith in the growth prospects of some Chinese tech firms Meituan, a food delivery behemoth has raised $10 billion in a stock and convertible bonds
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Google, Apple executives to testify in app store hearing on Wednesday

Along with the executives of three companies that rely on Apple and Google for their online store, the senior executives of Apple and Google will also testify on Wednesday about antitrust concerns related to their app stor
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Netstars, a Japanese QR code payment gateway raises $ 60 million

The Japanese QR code payment gateway, Netstars, completed a $ 60 million round of funding in a plan for international expansion. The funding includes a $40 million investment made from funds managed by KKR with a combinati
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Travelex partners with Nium to boost digital remittance across Asia Pacific

A foreign exchange brand, Travelex has partnered with Nium, a global payments platform. Currently, Travelex that is live in Australia and Singapore, will be serviced by Nium’s global payment rails and real-time payment c
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Ripple partners with Novatti to enter the Philippines market

Ripple, the distributed ledger company, and Australian payments company Novatti, have announced that their partnership is live. Novatti, the fin-tech company further stated that it is now generating revenue from the partne
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Xinjiang cotton: Western brands blurred on China TV

Over the past few weeks there has been a lot of talk regarding the Xinjiang cotton, and some western brands have also been blocked by the Chinese authorities. In a recent development, the Chinese TV stations have been blur
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iQSTEL to develop a mobile banking platform for the unbanked in USA

The Florida based FinTech company, Global Money One will be working with iQSTEL to create a mobile banking application focused towards the Hispanic community and other populations in the U.S. that are still not having any
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Ithmaar Bank launches advanced salary service for mobile app users

The Bahrain based Islamic retail bank, Ithmaar Bank has recently launched a dedicated mobile app, only for its customers, where they can get their net salary fifteen days in advance. The bank stated that the new app is a p
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LG scraps its smartphone business as losses mount

On Monday, LG Electronics stated that due to the increased competitiveness of the mobile phone market, it has decided to wrap its mobile segment. During January, it had stated that they were looking at options as even afte
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Iran rejects 'step-by-step' lifting of sanctions

On Friday, the US and Iran stated that they would be holding indirect talks in Vietnam from next week, which will help revive the 2015 nuclear deal between Tehran and global powers. The U S state department had said that i
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Google's 'Teacher approved' apps mislead on kids' privacy, activists tell FTC

On Wednesday, two advocacy groups called on the U.S. Federal Trade Commission (FTC) to inspect the apps that Google’s Play Store labels as “Teacher approved” are illegally piling up personal data without parental con
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Facebook, Google plans new undersea cables to connect Southeast Asia and America

On Monday, Facebook said it planned two new undersea cables to connect Singapore, Indonesia, and North America in a project with Google and regional telecommunication companies in order to accelerate the internet connectio
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Venezuela accuses Facebook of 'digital totalitarianism' for suspending Maduro

On Sunday, Venezuela’s government charged Facebook Inc of “digital totalitarianism” after it halted President Nicolas Maduro’s page for about 30 days for the violation of the policies in opposition to spreading mis
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Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant - sources

China’s Xiaomi Corp decides to make electric vehicles (EVs) utilizing Great Wall Motor Co Ltd’s factory, stated three people with direct knowledge of the matter, making it the newest tech firm to collaborate with the s
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The U.S. says promoting chip cooperation with Taiwan is a priority

On Thursday, the de facto U.S. ambassador in Taiwan announced that the United States and Taiwan are natural partners when it comes to semiconductors, and promoting this cooperation is a U.S. priority.

Washington has
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ByteDance hires Xiaomi exec as CFO, moving towards IPO

TikTok owner ByteDance had announced on Wednesday that it has hired Xiaomi Corp senior vice president Shou Zi Chew to be its new chief financial officer.

Chinese smartphone maker Xiaomi had previously announced today
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Silicon Valley firms in no hurry to open up offices despite easing of virus ban

Several of San Francisco Bay Area’s biggest technology companies comprising Twitter Inc and Google are planning to keep their offices shut for months despite the government granting them on Tuesday to be opened in a limi
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Microsoft in talks to acquire Discord for more than $10 billion: Bloomberg News

Microsoft Corp is deciding to purchase messaging platform Discord Inc for more than $10 billion, Bloomberg News had reported.

Discord has got in touch with potential buyers and among which Microsoft is one of them, t
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Huawei lawyers to focus on witness refused to testify in U.S. extradition

Huawei Chief Financial Officer Meng Wanzhou’s U.S. extradition hearings on Monday are hoped to focus on a former Canadian police officer who denied to testify despite being a key witness to the core charges that Canadian
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China seeks to rein in mobile apps' collection of personal data

On Monday, China’s cyber watchdog had told that mobile app providers cannot contradict users’ basic access to their respective services even if they refuse to share non-essential personal information, in the government
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Exclusive: Google’s privacy push draws U.S. antitrust scrutiny - sources

Google’s intentions to block a prominent web tracking tool called “cookies” is a source of concern for U.S. Justice Department investigators who had been questioning advertising industry executives whether the move b
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Taiwan's Delta put chip orders in early, impact of shortage limited

Taiwan’s Delta Electronics Inc, which supplies power components to companies like Apple Inc, announced on Wednesday that it had put its orders in early and so was not seeing much effect from global tightness within chip
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French watchdog rejects requests to suspend Apple’s App Tracking Transparency feature

On Wednesday, France's antitrust watchdog denied a request sent by online advertising lobbying groups saying that Apple suspend its App Tracking Transparency feature.

The ruling marked the first antitrust agreement o
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Power Play: Volkswagen abruptly pulls the plug on South Korean battery makers

Days before Volkswagen AG held an event to announce a major ramp-up in its electric vehicle production, the German carmaker abruptly told its South Korean battery suppliers their current technology would be largely exclude
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Baidu raises $3.08 billion from Hong Kong listing: sources

As per two sources with direct knowledge of the matter, Chinese internet search giant Baidu Inc has decided to increment $3.08 billion by putting a price on its shares at $HK252 each in its Hong Kong secondary listing.


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Blacklisted Chinese firms eye lawsuits after Xiaomi win against Trump ban

Chinese companies targeted by a sweeping investment ban charged by former President Donald Trump are taking into consideration suing the U.S. government after a federal judge on Friday suspended a similar blacklisting for
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Facebook to pay News Corp for content in Australia

Just weeks after Australia passed a controversial world-first law that is aimed at making tech platforms pay for news content, Facebook has agreed to pay Rupert Murdoch's News Corp Australia for journalism from its local m
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Uber wins Dutch court case over data brought by British drivers

A Dutch court has refused claims by a group of British Uber drivers that sought access to the data that the ride hailing company collects about them.

The drivers at a hearing in December had demanded complete access
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Blaze destroys servers at Europe's largest cloud services firm

Europe’s largest cloud services provider told clients including the French government, the Centre Pompidou, and cryptocurrency exchange Deribit to start their disaster recovery projects following the blaze in Strasb
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Kremlin, on forced Twitter slowdown, says firms must obey Russian law

The Kremlin stated on Wednesday saying that Moscow had no intentions to block any internet resources after the state communications regulator declared that it was restraining the use of Twitter application but that compani
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Kremlin calls NYT report on planned U.S. cyberstrikes on Russia 'alarming

MOSCOW (Reuters) - The Kremlin on Tuesday said it was alarmed by a report in the New York Times that said the United States was planning a series of covert counterstrikes on Russian networks, saying such strikes would amou
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Facebook India is testing how to share the Instagram reels on news feed

Facebook Inc is testing whether Instagram reels could be shared on the facebook news feed of user. The reels feature allows content creators to share 30 secs long short video clips. In this test, they are trying to success
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Russia rebukes Facebook for blocking some media posts

Russia accuses Facebook of violating citizens’ rights by blocking a few media outlets’ contents on the latest topic standoff between the government and Big Tech, on Monday,

On the weekend, Facebook was
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Global semiconductor shortage spurs run on vintage chipmaking tools

Minnesota-based Polar Semiconductor makes chips for automakers and is booked beyond capacity. But the chip shortage that is ceasing automobile factories around the globe, there are expanding production lines to help solve
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Amazon Fresh till-less grocery store opens in London

Consumers of  Amazon Fresh scan a smartphone app when they are entering and their items will be automatically billed as they leave.

The Amazon store contains hundreds of its own-brand items including third-party
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ByteDance developing Clubhouse-like app for China amid copycat rush: sources

Owner of TikTok, ByteDance is working on a Clubhouse-like app for China, according to the sources, as the global success of the U.S.-based audio chat service inspires a rush of copycats in the country. Several dozen apps t
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Amazon Worker for unionising supported by Joe Biden

Joe Biden supported workers’ rights to make unions and advised against bullying of workers in a video posted on Twitter on Sunday night, as Amazon employees in Alabama vote on whether to unionize.

Amazon, one
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Salesforce's annual gains below expectations for FY 21

Salesforce on Thursday predicted a full-year profit that was below market expectations, sending the shares of the online software company down 3.9% in extended trading.

The company’s latest and biggest purchas
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Chipmaker Nvidia's sales revenue going strong this year

Nvidia Corp forecast better-than-expected financial Q1 revenue on Wednesday, expecting heavy demand for its graphics chips used all over globe in gaming PCs and AI chips for data centres.

Lots of people wait for COVI
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Amazon, Facebook, Google-backed groups sue Maryland over new online ad tax 

The U.S. Chamber of Commerce and a commerce conglomerate with the assistance from Amazon, Facebook Inc and Google have prosecuted Maryland on its new online broadcasting tax directed at financing education, the Washington
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European Digital rights groups gang up on biometric surveillance

Digital rights groups on Wednesday started an appeal seeking the assistance of one million Europeans to boost stress the European Union to prevent biometric mass surveillance ahead of laws on artificial intelligence (AI).<
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Social media “Parler” Comes back again online 

Parler, a social media app common with American conservative users that virtually disappeared after the U.S. Capitol riot, re-surfaced on Monday and said its new platform was built on “sustainable, open-source techno
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Apple Inc still not tieing-up with Nissan motors for the autonomous car project  

Nissan Motors said on Monday it is not in talks with Apple Inc, following a report that the iPhone maker approached the Japanese company in recent months about a tie-up for its autonomous car project.

The companies h
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Dating app “Bumble” $14 billion valuation on its debut

Stocks of Dating App “Bumble”, backed by Blackstone Group Inc, going up more than 76% in their share market debut on Thursday, fetched a $14 billion valuation for the operator of the dating app, where it uses a
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Twitter not complying with the Indian government to block some accounts 

Twitter mentioned on Wednesday it would not fully comply with orders from Prime Minister of India to take down some accounts as it does not believe the orders are in accordance with Indian law.

It has suspended some
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Tesla getting into Bitcoin Craze

Tesla’s announcement on Monday that it had purchased $1.5 billion in bitcoin and planned to start accepting bitcoin as payment for vehicles pushed the bitcoin price to an all time high of $44,141.
On 19 January 2
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Snapchat, Pinterest having User growth during Pandemic

Social-media platforms Snapchat and Pinterest added millions of more new users than expected in their latest quarters, showing strong growth in social media use during the Covid-19 pandemic.

Snap, the parent of ephem
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Worldwide Chip Shortage Has Impacted The Automakers !!!

The worldwide chip shortage has impacted automakers. Ford Motors on Thursday said that it will cut shifts at two of its U.S. manufacturing plants next week, due to the worldwide chip shortage.

Ford Motor Co, Toyota M
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SpaceX’s Starship SN9 Test Flight Ends in Explosion  (Source: SpaceX)

On Tuesday, February 2, Starship serial number 9 (SN9) completed SpaceX’s second high-altitude flight test of a Starship prototype from the site in Cameron County, Texas.

Similar to the high-altitude flight te
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Bezos Step down as CEO of Amazon

Bezos announced that he would step down as the CEO of Amazon sometime in the third quarter of 2021, and transition into the role of executive chairman. He is due to be replaced as CEO by Andy jassy, the chief of Amazonâ
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Apple and Facebook are in social media giant war on the privacy policy

Facebook warning users about impact on ads for 2 days and criticizing the Apple iOS 14 privacy policy

Facebook is making its opinion about apple's new privacy policy promoting ads on top of its iOS app. The ads warns
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Tata Consultancy Services, Cognizant, Infosys and Wipro are now scrambling to beef up the talent pool

Building talent pools with qualified candidates is important for many reasons, and some of the most important ones include reducing time to hire, improving quality of hire and reducing cost to hire. In today’s world
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Apple Inc. is working on a thinner and lighter version of the MacBook Air

Apple has a plan to revamp its entire Mac lineup with its own ARM based Apple Silicon processors over the course of the next two years. 
It debuted its first Apple Silicon Macs, powered by its M1 chip, late last ye
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The Indian start-up ecosystem continues to be the third largest in the world; it saw 7 new additions to its incessantly flourishing Unicorn club.

India continues to reinforce its position as the third largest start-up ecosystem across the world, taking the total number of tech start-ups to 8900- 9300 in the last five years.
India also witnessed the addition of 7
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Bangalore, Delhi-NCR, and Mumbai are home to 55-58% start-ups

Start-ups are exploring newer sectors, leveraging deep-tech and tapping unexplored talent pools. The increasing confidence of the entrepreneurs is also being enabled by various initiatives that the government, the corporat
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FASTER NETWORK AND 5G

The fifth generation of wireless technology promises more than just a faster network. It will help redefine the network, establishing a new global wireless standard for speed, throughput and bandwidth. A 5G network builds
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THE CLOUD REVOLUTION

Cloud computing is transforming business processes, changing market dynamics and creating completely new markets.
By using the cloud, it is far easier to manage sudden increases in demand and your company can keep up wi
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ROBOTICS, AUTOMATION & DRONES

Autonomous mobile robots are finding numerous applications in both indoor and outdoor environments. Indeed, as the media remains fixated on the ultimate prize of autonomous mobility on general roads, we find that autonomou
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ARTIFICIAL INTELLIGENCE AND BIG DATA

Big data and artificial intelligence (AI) are two words that are widely used when discussing the future of business. Their potential application in diverse aspects of business has caught the imagination of many, including
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Europe's digital economy at a tipping point

The COVID-19 pandemic has forever changed online shopping behaviours, according to a survey of about 3,700 consumers in nine emerging and developed economies.
Following the pandemic, more than half of the survey�s
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When users are looking for a secure service then Telegram seems to be where they defect

Telegram founder Pavel Durov confirmed the fact on his personal Telegram account that Telegram has now crossed 500 million active users with 25 million joining the app in the last 72 hours.
Durov said Telegram surpassed
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