About Author
Pankaj Singh
Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605
Contribution by Pankaj Singh
NORINCO’s CR500 helicopter drone passes final inspection round
According to credible sources, Chinese state-owned defense corporation, NORINCO (China North Industries Group Corporation Limited) has recently passed the final inspection round for its unmanned helicopter system, CR500 Golden Eagle. For the record, the CR500 is a multipurpose helicopter drone sy... Read More
Facebook fined for USD 6 million for sharing user info in South Korea
Reportedly, Facebook Inc. was fined for 6.7 billion won (US$6 million) by South Koreas Personal Information Protection Commission (PIPC)for sharing data of around 3.3 million users for business purposes. According to the PIPC, Facebook violated South Koreas personal information law by providing p... Read More
Nestle hands over Yinlu milk, canned porridge businesses to Food Wise
Nestle has reportedly made an agreement regarding the sale of its China Yinlu peanut milk & canned rice porridge enterprises to Food Wise Co., Limited. The transaction includes all of Yinlu’s operations, comprising its five factories in Sichuan, Fujian, Hubei, and Shandong. The financial t... Read More
Janssen begins phase 3 trials of its potential COVID-19 vaccine in U.K.
According to reliable sources, Belgium-based multinational pharmaceutical company, Janssen Pharmaceutica has reportedly initiated the administration and enrolment of participants for the phase 3 clinical trials of its potential COVID-19 vaccine candidate. If sources are to be believed, the invest... Read More
UK to impose a complete ban on online junk food advertisements
The UK government has reportedly announced that it plans to impose a complete ban on the advertising of junk food online, the harshest digital marketing restriction across the globe, in an effort to tackle the increasing obesity crisis in the country. While the move has been welcomed by the count... Read More
Apple Puts Pegatron on Probation for Violating its Code of Conduct
Apple announced that it has put Pegatron, its Taiwanese supplier, on probation after it detected that the company has violated the tech giant’s supplier code of conduct by making student employees work overtime and in night shifts. Pegatron had falsified paperwork and missorted student work... Read More
Ant Group’s stalled IPO could reduce its valuation by USD 140 billion
Ant Group, the highest valued financial technology company, may reportedly face a loss of around USD 140 billion in valuation after its massive stock debut was halted by the Chinese government. If Ant Group’s USD 280 billion pre-IPO valuation is reduced, the company would essentially be les... Read More
Delays impact Oxford/Astra vaccine production for U.K. supply
The United Kingdom is struggling to stock up on supplies of Oxford University/AstraZeneca’s COVID-19 vaccine, a top UK government official has said. Kate Bingham, UK Vaccine Taskforce chair stated that the aim of 30 million vaccines by September hadn’t been achieved and she anticipate... Read More
China halts world’s largest IPO, citing major regulatory issues
As per the latest news, China has suspended the USD 37 billion listing of Ant Group, which had been planned to be the world’s largest Initial Public Offering (IPO), one day after regulators grilled the company’s top executives including Jack Ma, who is the founder of the company. Chin... Read More
Twitter’s CEO Jack Dorsey survives scrutiny from activist Investor
Shortly after Twitter Inc.’s board of directors commenced its search for a new chief executive officer in March, the company said it would only allow someone willing to commit to the job full time. It was a clear message to Twitter’s interim chief executive, Jack Dorsey, that he would ha... Read More