YouTube platform is launching its service for creating short videos up to 15 seconds long - YouTube Shorts, the company said. “We are pleased to announce the creation of YouTube Shorts, a new service for short videos directly on the YouTube platform...”, the company said in a release. The company...

American corporation Oracle Corp. won a tender to buy TikTok's US operations, The Wall Street Journal reported, citing a knowledgeable source. Oracle will be announced as TikTok's “trusted technology partner” in the US, according to the source. In this case, the final transaction will be formalized...

Chinese authorities and politicians are willing to see the short video sharing app TikTok to shut down in the United States rather than se the app’s US operations being sold to an American company by the apps Chinese owner ByteDance, reported Reuters quoting sources with knowledge of the matter....

The two largest owners of shopping malls in the United States, Simon Property Group Inc. and Brookfield Property Partners LP, agreed to purchase the American department store chain J.C. Penney Co., which filed for bankruptcy, for $ 800 million. This was reported by the press service of the...

The European Commission has said that there is need for Facebook, Alphabet's Google, Twitter and other tech companies with such platforms to be more proactive and try harder to to be more effective to tackle misinformation and fake news.   These companies agreed to a self-regulatory code of...

Ambassadors of 164 member countries with the World Trade Organization (WTO) met with senior officials for private ‘confessionals’ to convey who country supported as the head of the global trade regulator which indicated a push by the organization to select a new leader.   But according to...

Deutsche Bank Trust Company Americas (DBTCA, a subsidiary of the German Deutsche Bank) has agreed to pay a fine of more than $ 582,000 for violating US sanctions imposed on Russia over Crimea. According to the US Treasury Department, this is a series of violations. The investigation established...

For the first time since the end of June, the price of North Sea Brent oil fell below $ 40 per barrel. The commodity market was negatively impacted by the decision of Saudi Arabia to lower oil prices for key clients, as well as by a global decline in risk appetite among investors. If the negative...

In its latest plans of shifting out it production facilities from China – the second largest economy of the world, South Korean electronics giant Samsung has now decided to stop production of televisions at the only remaining TV production unit in the country by the end of November, said a...