Author: Nishita Gupta

A fun-loving and curious person! who likes to write, explore and learn new things!

Advanced Micro Devices (AMD.O), Micro-Star International Co (2377.TW), and Procter & Gamble Co (PG.N) are the newest companies to withdraw from attending the consumer Electronics Show (CES) in person next month as Omicron cases surge. More than 2,100 exhibitors have signed up for 2022, according to the CTA.   However, the rapid spread of the new coronavirus variant has forced individuals and firms across the U.S. to rethink their travel plans as they appear to minimize the danger of contracting the virus.  Many flights have been canceled by airlines such as Delta Air Lines (DAL.N) and Alaska Airlines (ALK.N), and a…

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The number of USA citizens applying for unemployment benefits fell below 200,000, more evidence that the work market remains strong within the aftermath of last year’s coronavirus recession. Jobless claims dropped by 8,000 to 198,000, the Department of Labor reported Thursday. The four-week average, which smooths out week-to-week volatility, fell to only above 199,000, an all-time low level since October 1969. The numbers suggest that the fast-spreading omicron variant has yet to trigger a wave of layoffs. Altogether, 1.7 million Americans were collecting traditional unemployment aid the week that ended Dec. 18. That was the lowest since March 2020, just…

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Ministers in Scotland are accused of slashing the budget for digital infrastructure by £50 million and delaying the rollout of superfast broadband across the country. The Reaching 100% (R100) program guarantees thirty megabits per second to every house and company, but it comes with an insane number of deadlines. It was revealed in March that the northern portion of the program would not be completed until 2026, but it was revealed last month that this had been pushed back another twelve months. According to a written response obtained by the Scottish Conservatives, funding dropped from £66.2 million in 2017-18 to…

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To protect loyal and vulnerable consumers, new rules coming into effect on 1 January will change the prices paid for home and motor insurance. It means that costs for individuals who swap frequently will rise, while those who have been with the company for a long time would pay less. Anyone extending their policy would pay no more than if they were a new customer, according to Financial Conduct Authority (FCA) regulations. As per the FCA, the change will save loyal clients £4.2 billion over the next ten years. Insurers aren’t leaving the market, as a result, said Brian Brown,…

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  The current version of the world wide web or Web 2.0 is characterized by social media platforms, which permit greater proliferation of user-generated content. This can be a far cry from Web 1.0, which was all static and non-interactive — a completely top-down approach towards information dissemination. Right now, five big tech companies, namely, Twitter, Facebook (now Meta), Google, Apple, Microsoft, and Amazon, control how our data is going to be used and where it’ll be stored and processed. Their algorithms decide the knowledge that we consume. Now, Web 3.0, with its crypto, blockchain, and metaverse use cases, is…

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  Tech giant Huawei has launched a brand new smart glasses ‘Huawei smart Glasses’ with a detachable front frame style in China. The sensible glass offers 3 classic frame types: Classic frame, fashionable pilot, and Retro round frame. It conjointly comes in a very variety of vibrant frames. The new Huawei sensible glasses are the first glasses equipped with HarmonyOS. The glasses support the synchronous affiliation of 2 devices, the one-key shift of multiple devices, and envisioned smart affiliation, reports GizmoChina. They come with powerful 128mm speakers and microphones which allow hands-free access to Huawei’s Celia assistant. It conjointly has…

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  L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management Company (India) at $425 million. LTIM is the investment manager of the mutual fund business of L&T. The divestment of the mutual fund business is in line with the strategic objective of L&T Finance. Holdings of unlocking value from its subsidiaries to strengthen its record, it started during a handout. The data from the Association of Mutual Fund in India (Amfi) shows L&T Mutual Fund (MF) has average assets under management (AAUM) worth Rs 78,273.80 crore, while HSBC MF has AAUM of Rs 11,314.32…

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  Shares of Ceinsys Tech (formerly ADCC Infocad) were locked within the 20 percent upper circuit for the second straight day, at Rs 253.25, hitting a record high on the BSE in Friday’s trade. In the past two trading days, the stock of the information technology (IT) consulting & software company has surged 44 percent after the announced acquisition of Allygrow Technologies Private Limited, a technology-driven company having a presence in the US, Europe, and India and specializing in product design and robotics automation (manufacturing engineering) services. Trading volumes on the counter jumped multi-fold, with 80,000 equity shares having changed…

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