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The Daily NewsBrief

The Daily NewsBrief

Large Business

China Fines Didi for Data and Cybersecurity Violations

July 22, 2022

The Cyberspace Administration of China said Thursday it fined Didi Global more than $1.2 billion after investigations found that Didi violated China’s network security law, data security law, and a … Read more

Media Topic: Tags Business enterprise Cyber crime Economy, business and finance Fine (penalty) Government Places: Places

Ex-Tepco Executives Fined $95 billion for Fukushima Disaster

July 13, 2022

A Japanese court in Tokyo ordered the Tokyo Electric Power Company Holdings Inc. (TEPCO) former executives, to pay about $95 billion (13 trillion yen) in compensation to 48 shareholders over … Read more

Media Topic: Tags Civil law COURT Energy industry Nuclear accident and incident Nuclear power Places: Places

Denmark and the Netherlands Refuse Ruble Payments, Gets Cutoff From Gazprom

May 31, 2022

Russian oil giant Gazprom has completely terminated its gas supply to GasTerra, due to the Dutch merchant’s “failure to pay in rubles.” According to Gazprom, the company “Did not yet … Read more

Media Topic: Tags Conflict, war and peace Economic sanction Economy, business and finance Oil and gas industry Places: Places

LaFarge Indicted for “Complicity in Crimes Against Humanity”

May 18, 2022

The Paris Court of Appeals announced that it has indicted cement manufacturer Lafarge for “complicity in crimes against humanity” after it allegedly paid several million euros to terrorist groups in … Read more

Media Topic: Tags Armed conflict Corporate crime Crime Economy, business and finance Manufacturing and engineering Places: Places

Tesla to Open Texas “Gigafactory” with a “Cyber Rodeo”

April 7, 2022

Tesla will hold an event at Gigafactory Texas as the grand opening of its USD 1.1 billion factory on Thursday. The invite-only event called ‘Cyber Rodeo’ will have roughly 15,000 … Read more

Media Topic: Tags Automotive Economy, business and finance Luxury good Manufacturing and engineering Places: Places

Microsoft Acquires Office Space for First Africa Development Center in Lagos

March 29, 2022

Microsoft officially opened the doors of its new facility for its first Africa Development Center in Lagos, Nigeria on Monday, March 21, 2022.  Professor Isa Ali Ibrahim Pantami, the Minister … Read more

Media Topic: Tags Economic globalization Information technology and computer science Places: Places

China Sanctions Lockheed Martin

February 21, 2022

China announced sanctions against Raytheon Technologies and Lockheed Martin over arms sales to Taiwan. “In accordance with the relevant stipulations in China’s anti-foreign sanctions law, the Chinese government has decided … Read more

Media Topic: Tags Economic sanction Manufacturing and engineering Military weaponry Places: Places

Oman and Saudi Arabia Sign $30b Memorandum of Understanding

December 7, 2021

The two Arabic countries, Oman and Saudi Arabia have signed 13 Memorandum of Understanding (MoUs) worth $30 billion. The agreements are included in sectors of energy, renewable energy, pharmaceutical industries … Read more

Media Topic: Tags Business finance Business governance Energy industry Infrastructure projects Renewable energy Trade agreements Trade policy Places: Places

Retailer Macy’s Sues to Block Amazon Billboard Ad Above Its Flagship Store

October 1, 2021

Macy’s has filed a lawsuit against the Kaufman Organization last week to prevent Amazon from advertising on a billboard on top of its flagship store in Herald Square. Macy’s claimed … Read more

Media Topic: Tags Advertising Retail Places: Places

Amazon Launches Astro the Home Robot

September 29, 2021

Amazon on Tuesday has launched its first autonomous household robot Astro, powered by Alexa smart-home technology, and capable of driving around one’s home to monitor pets, people, or home security. … Read more

Media Topic: Tags Technology and engineering Places: Places
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