Facebook Dating Services & App may begin from February 2021 on Valentines day

Facebook Dating Services & App may begin from February 2021 on Valentines day

Facebook said it was launching its dating service in 50 European countries.Facebook Dating, the social network’s competitor to Tinder and other dating apps, launches today in Europe after a long delay from its planned Valentine’s Day debut. The dating service offers the same features in Europe as it does in the US, using the existing profile you’ve created on Facebook to find potential matches. Facebook tailors these matches with your preferences, Facebook activity, and, if you opt in, groups and events. FACEBOOK ORIGINALLY PLANNED TO LAUNCH ITS DATING SERVICE IN…

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Huawei Neglected in EU as Nokia Wins Belgian 5G Contracts

Huawei Neglected in EU as Nokia Wins Belgian 5G Contracts

Orange and Proximus have picked Nokia to help build 5G networks in Belgium as they drop Huawei amid US pressure to exclude the Chinese firm from supplying key telecoms equipment. The moves are among the first by commercial operators in Europe to drop Huawei from next-generation networks and come after months of diplomatic pressure from Washington, which alleges Huawei equipment could be used by Beijing for spying. The Belgian capital Brussels is home to the European Union’s executive body and parliament, making it a matter of particular concern for US…

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European Central Bank: Just Wait Until End of The Year 2020

European Central Bank: Just Wait Until End of The Year 2020

FRANKFURT, Germany — The European Central Bank held off from strengthening its current economic stimulus but its President Christine Lagarde said there was “little doubt” that more action would be coming at its December meeting as surging covid-19 infections and new restrictions on activity threaten Europe’s economy.The European Central Bank held off from strengthening its current economic stimulus but signaled that more could be coming at its December meeting given that risks are growing as surging coronavirus infections threaten Europe’s economy. Lagarde said Thursday that recent data show the economy…

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Deutsche Bank rebound hinges more than ever on trading unit

Deutsche Bank rebound hinges more than ever on trading unit

Germany’s largest lender on Wednesday reported a 47% jump in debt trading, beating all but one of the large investment banks so far and prompting Sewing to lift the outlook. The boost propelled the firm to an unexpected third-quarter profit, even as the corporate bank around which the CEO built his strategy continued to shrink amid negative interest rates and the worsening pandemic. The performance suggests Deutsche Bank, which still has one of the largest fixed-income desks in Europe, was able to claw back some market share in a key…

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Google’s display advertising business is under antitrust probe in Italy

Google’s display advertising business is under antitrust probe in Italy

Italy’s competition authority has opened an antitrust investigation into Google’s display ad business — adding another allegation of abuse of a dominant position to the tech giant’s regulatory woes. In a press release announcing the action the AGCM said it “questions the discriminatory use of the huge amount of data collected through its various applications, preventing rivals from competing effectively as well as adversely affecting consumers”. The probe follows a complaint by local ad lobby group the IAB Italy, per Reuters, which says the investigation must be concluded by November…

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Artificial Intelligence In Fashion Market In Europe Is Expected To Reach US$ 933.9 Million By 2027

Artificial Intelligence In Fashion Market In Europe Is Expected To Reach US$ 933.9 Million By 2027

Among other applications, machine learning algorithms can accurately predict inventory demand, reducing waste, and unsold inventory costs. In short, AI for fashion is changing the way fashion companies design and manufacture their products and the way they are marketed and shipped to customers. According to the report, The artificial intelligence in the fashion market in Europe is expected to grow from US$ 69.2 Mn in 2019 to US$ 933.9 Mn by the year 2027, with a CAGR of 34.0% from the year 2020 to 2027. In the past few years,…

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Huawei 5G network equipment banned in the UK effective December 31

Huawei 5G network equipment banned in the UK effective December 31

In a sweeping turn of events, the UK government has banned Huawei from providing 5G infrastructure equipment to local carriers. Effective after December 31, British telecom operators will no longer be allowed to buy or use Huawei 5G components in their next-gen networks. The decision was signed off by Prime Minister Boris Johnson during a meeting with the National Security Council (NSC) and in addition orders all currently deployed Huawei 5G equipment to be removed by 2027. We have been clear-eyed from the start that the Chinese-owned vendors Huawei and…

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China warns it will protect its companies if U.S. comes after them on human rights

China warns it will protect its companies if U.S. comes after them on human rights

BEIJING — China’s government has warned it will protect Chinese companies after Washington said enterprises may face legal trouble if they help carry out abuses in the Muslim northwestern region of Xinjiang. The U.S. warning came amid mounting tension with Beijing over human rights, trade and Hong Kong. It cited complaints of abuses by the ruling Communist Party against ethnic Muslims including mass detention and forced labor. The Commerce Ministry accused the U.S. government of meddling in China’s affairs. It said Washington was misusing complaints about human rights to “suppress…

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Google announces $10bn investment in India to support health, education, and agriculture

Google announces $10bn investment in India to support health, education, and agriculture

Google will invest $10bn (£7.93bn) in India in the next five to seven years, the chief executive of its parent company Alphabet Inc has announced. Sundar Pichai spoke at the annual Google for India event, held online. The investment will be used to build products and services for India, help businesses go digital and use technology “for social good”. “This is a reflection of our confidence in the future of India and its digital economy,” Mr Pichai said. With more than 500 million active internet users in the country, India…

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Small taxpayers get huge relief from GST council

Small taxpayers get huge relief from GST council

In a relief to small taxpayers with turnover up to Rs 5 crore, the GST Council on Friday halved the interest on delayed filing of GST returns for February, March and April to 9 per cent, provided the returns are filed by September 2020. Also, the deadline for filing returns for May, June and July has been extended till September, without any interest or late fee, Finance Minister Nirmala Sitharaman said after a meeting of the council. More like this RIL’s right shares to list on June 15As projects get…

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