Category: Business

Impact Engine files lawsuit against Google over digital ad technology infringement

Alphabet Inc’s Google LLC was hit on Monday with a U.S. lawsuit alleging it copied a smaller firm’s patented digital advertising technology. Impact Engine Inc filed the complaint in federal court in San Diego, California, alleging various Google online advertising platforms, including Google Ads and Google AdSense, infringed on six patents. The allegedly violated patents,… Read More Impact Engine files lawsuit against Google over digital ad technology infringement

247newsupdateLeave a comment

U.S. regulator approves $5billion settlement in Facebook user data case

The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. The FTC has been investigating allegations Facebook inappropriately shared information belonging to 87 million users with the now-defunct… Read More U.S. regulator approves $5billion settlement in Facebook user data case

247newsupdateLeave a comment

At least nine injured following massive fire at power station in Russia

A major fire broke out at a power station in the Moscow region on Thursday, injuring six to nine people, the energy ministry and Russian media reports said. Huge flames could be seen leaping into the sky from Thermal Power Station-27 in the Mytishchi district northeast of Moscow. An eyewitness quoted by the RIA news… Read More At least nine injured following massive fire at power station in Russia

247newsupdateLeave a comment

U.S. to issue licenses for sale of goods to Huawei provided no threat to national security

U.S. government will issue licenses to companies seeking to sell American-made goods to China’s Huawei where there is no threat to national security, Commerce Secretary Wilbur Ross said on Tuesday, but left key questions unanswered about what products will pass muster. Seeking to revive trade talks with China, U.S. President Donald Trump announced late last… Read More U.S. to issue licenses for sale of goods to Huawei provided no threat to national security

247newsupdateLeave a comment

IBM acquires software company Red Hat in $34billion deal

International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business. Underscoring the drive into high-margin businesses, IBM in October agreed to buy Red Hat, the company’s biggest acquisition in its more than 100-year history. Ginni… Read More IBM acquires software company Red Hat in $34billion deal

247newsupdateLeave a comment

Twelve Ghanaians named among 2019 100 Most Influential People of African Descent Under 40

Twelve Ghanaians across different sectors have been named among a list of 100 Most Influential People of African Descent (MIPAD) under 40, a global 100 list that identifies high achievers of African descent worldwide, pairing those based across the Diaspora with their counterparts inside Africa. The MIPAD under 40 recognition comes as a global civil… Read More Twelve Ghanaians named among 2019 100 Most Influential People of African Descent Under 40

247newsupdateLeave a comment

Dozens killed following collapse of Glencore mine in Congo

At least 41 artisanal miners were killed on Thursday when part of a copper and cobalt mine owned by Glencore collapsed in southeast Congo, the provincial governor said. The accident occurred in the KOV open-pit mine at the Kamoto Copper Company (KCC) concession, in which Glencore subsidiary Katanga Mining owns a 75% stake, said Richard… Read More Dozens killed following collapse of Glencore mine in Congo

247newsupdateLeave a comment