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The United States Army has banned service members from using the Chinese app TikTok. The decision was taken following guidance from the Pentagon. The Defense Department has cited security concerns behind the decision to ban the use of the app on government-issued devices. TikTok is a short video-sharing social networking service app. It is popular […]
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Morgan Stanley has announced that it would buy asset management firm Eaton Vance for around USD 7 billion in a cash-and-stock deal. This advances Chief Executive Officer James Gorman’s push to grow the investment management business of the bank. The financier said that the deal will boost its investment management’s assets to about USD 1.2 […]
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Walmart has decided to enter the insurance market with the launch of Walmart Insurance Services. The retail giant said that the services will start on October 15. According to the company, it has ventured into this market to assist people while taking insurance plans that have historically been a cumbersome and confusing process. David Sullivan, general […]
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A team of experts has found that the mutation of coronavirus has become more contagious than before. Scientists say that the virus has evolved to evade social distancing efforts and mask-wearing. The new study has identified a new strain of the virus, which is responsible for 99.9 percent during the second wave of the spread. […]
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Nokia has signed a major deal with Britain’s biggest telecoms group BT to become the largest 5G equipment provider to the company. The Finish telecom firm will now provide 5G-ready base stations, radio access for outdoor along with indoor coverage, antennas to BT Group. The deal will see the telecom company replacing Huawei in 2G […]
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A hacker has released the private data of thousands of students of Clark County School District after school district officials refused a ransom demand. The information released by the hacker contained student grades, social security numbers, and other private information. The private data was stolen last month from the public school district in Las Vegas […]