AS 2021 BEGINS, EUROPE’S HOTEL CONSTRUCTION PIPELINE STANDS AT 1,905 PROJECTS WITH 307,093 ROOMS

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts at LE report that at the close of 2020, Europe’s hotel construction pipeline increased 2% by projects and 3% by rooms year-over-year (YOY) to end the fourth quarter with 1,905 projects and 307,093 rooms, a record high project and room count for the region. Europe’s…

View More AS 2021 BEGINS, EUROPE’S HOTEL CONSTRUCTION PIPELINE STANDS AT 1,905 PROJECTS WITH 307,093 ROOMS

CHINA OUTSPENDS REST OF THE WORLD ON 5G INFRASTRUCTURE BY 2 IS TO 1 RATIO

When Beijing sets its mind to building new infrastructure, there’s very little that can stop it. That’s the message coming from a top telecom official who was talking up China’s fast-growing 5G network at a major industry event taking place this week in Shanghai. The nation now has more than 718,000 base stations for the cutting-edge communications technology, covering all…

View More CHINA OUTSPENDS REST OF THE WORLD ON 5G INFRASTRUCTURE BY 2 IS TO 1 RATIO

WHATSAPP,FACEBOOK,TWITTER,INSTAGRAM SIGNAL & TELEGRAM FACE PROBLEMS AS INDIA ANNOUNCES NEW SOCIAL MEDIA RULES.

India’s new social media regulations want social media apps like WhatsApp, Signal and Telegram to identify the ‘first originator’. In cases where social media apps are being used to spread ‘mischief’, the government wants the ability to track down the instigators. Tracking the origin of messages may require apps offering privacy to break end-to-end encryption. To prevent the misuse of social media,…

View More WHATSAPP,FACEBOOK,TWITTER,INSTAGRAM SIGNAL & TELEGRAM FACE PROBLEMS AS INDIA ANNOUNCES NEW SOCIAL MEDIA RULES.

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…

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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…

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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…

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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…

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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…

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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…

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

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…

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