The software giant is permanently closing the 83 retail locations of its Microsoft Store, except for four locations which will be “reimagined” as experience centres that no longer sell products. The move will result in a pre-tax hit of $450m.
Aston Martin, whose cars are ubiquitous with James Bond films, has raised £152m through the issuance of new shares and £52m with a high-interest loan (12%).
The Department for Transport (DfT) announced on 30 June 2020 that rental e-scooters are legal on British roads as of 4 July 2020. This will enable the government to test whether e-scooters offer “clean and cost-effective travel” in a bid to increase greener transport.
Aside from its obvious health ramifications, the COVID-19 pandemic has serious privacy implications for individuals. Hogan Lovells has published an advisory paper noting that both privacy and cybersecurity are part of the solution to this crisis.
Artificial Intelligence (AI) conferences are forcing researchers to think about the ethical consequences of their work.
The American health product giant Johnson & Johnson has announced discontinuation of certain product lines sold only in Asia, advertised as dark-spot reducers, but commonly used by purchasers to lighten skin tone.
A legal challenge against the government-led lockdown, headed by businessman Simon Dolan, came before the High Court on 2nd July.
Aldi’s trial of on-demand home grocery delivery in partnership with Deliveroo will now be extended following positive feedback from customers.
Two large associations of arbitrators, the Chartered Institute of Arbitrators (CIArb) and the Centre for Effective Dispute Resolution (CEDR), are offering a new Pandemic Business Dispute Resolution Service for commercial claims worth between £5,000 and £250,000.
Elon Musk’s private spacecraft company SpaceX recently launched two NASA astronauts onboard its Crew Dragon spacecraft to the International Space Station (ISS).