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Federal Reserve Chairman Jerome Powell, speaking during a news conference on May 4 to raise interest rate by 50 basis points, has signalled that the Fed could continue to approve increases of half a percentage point. Investors, however, spooked by earlier speculations that the rate could be up to 75 basis points, did not pay […]
... written on May 10 2022Do you know that the UAE (United Arab Emirates) is the third-richest country in the world, behind Qatar and Luxembourg? Contrary to popular belief that Saudi Arabia was the richest Gulf state in the Middle East, it’s actually Qatar and the UAE that is wealthier. While Saudi has tonnes of oil, Qatar is the world’s […]
... written on Nov 18 2021A Desperate Move To Rebrand Facebook – Here’s The Toxic Reason Zuckerberg Changed Its Name To “Meta”
Facebook is now known as Meta in a rebranding exercise to reflect its expansion into the metaverse, something that exists only in science-fiction books or movies like “The Matrix”. Effectively, Facebook Inc. – the parent company of WhatsApp, Instagram, Messenger and Oculus – is called Meta Platforms Inc. The company is moving towards augmented reality […]
... written on Nov 01 2021Larry Page, co-founder of Google, has officially been granted New Zealand residency. The Ministry of Business, Innovation and Employment (MBIE) confirmed on Thursday that the world’s sixth richest man has Kiwi residency, just 2 days the same ministry said – “Mr Page is not a permanent resident”. Interestingly, Prime Minister Jacinda Ardern has said she […]
... written on Aug 08 2021In the current digital age, we have smartphones and handheld devices that are loaded with different applications. These apps are designed to make life easy and to automate mainstream processes. For instance, if you want to have something to eat, you can simply log on to your restaurant’s app and order food, or if […]
... written on Jun 28 2021The Group of Seven (G-7), popularly known as the club of rich nations, has reached a landmark deal on Saturday to slap at least 15% corporate tax on MNCs (multinational companies or corporations). The global minimum tax rate on company profits will provide a new way of sharing the revenues from taxing the world’s most […]
... written on Jun 06 2021On 10 Nov, 2011, IBM Corp revealed it would invest RM1 billion over a six-year period to build its Global Delivery Centre (GDC) in Cyberjaya. Ramanathan Sathiamutty, managing director for IBM Malaysia, reportedly said the new centre was expected to create 3,000 jobs to service its clients around the globe, particularly the United States and […]
... written on Mar 24 2021For months, we’ve been saying that the backdoor government of Muhyiddin is not only illegitimate and fragile, but also clueless and incompetent. The loosely glued Perikatan Nasional coalition, consisting of three biggest “Malay” political parties – PPBM, UMNO and PAS – successfully snatched power through a coup in March 2020 under the pretext of “Malay […]
... written on Feb 01 2021WhatsApp rival Telegram has breached 500 million active users. In announcing its new milestone, the company also proudly sent a message to its giant pool of users that in the past 72 hours alone, more than 25 million new users from around the world (38% came from Asia, 27% from Europe, 21% from Latin America […]
... written on Jan 13 2021For the time being, Donald Trump doesn’t know what to do with TikTok’s counter proposal of making Oracle its “business partner” or “trusted tech partner”. As a trusted tech partner, Oracle will manage TikTok’s U.S. user data. As a business partner, Oracle will own a minority stake that will be less than 20% of the […]
... written on Sep 19 2020