Month : May 2023

News

Sony faces antitrust probe in Romania over PlayStation’s market dominance

omandailynews.com
Sony, the console giant, is currently under investigation by Romania’s competition watchdog, the Romanian Competition Council, due to concerns of abusing its dominant position in the console market. The investigation revolves around Sony’s practice of exclusively selling digital games through the PlayStation Store and prohibiting third parties from selling activation......
Technology

Audio-Technica brings back the Sound Burger: a retro turntable for the modern age

omandailynews.com
Audio-Technica is thrilled to announce the return of the Sound Burger portable turntable to its regular lineup, roughly half a year after the successful release of a limited-edition retro red model. This beloved fan favorite is making a comeback 40 years after its original debut, following the overwhelming response to......
Health

From crisis to catastrophe: China’s potential 65 million COVID cases per week by June

omandailynews.com
China’s COVID-19 situation is teetering on the brink of a precipice. The populous nation is potentially staring down an unprecedented spike of 65 million cases per week by June, escalating global concerns and prompting urgent deliberation on the pandemic’s trajectory. With the ominous cloud of the pandemic hanging over the......
News

Twitter’s legal woes mount as former PR firm files lawsuit for unpaid invoices

omandailynews.com
Twitter, the popular social media platform which is fast losing its sheen, is facing another legal battle as its former public relations firm, Joele Frank, takes legal action against the company for non-payment of invoices. The lawsuit alleges that Twitter has failed to settle its bills since Elon Musk assumed......
Business

Global stocks surge as US debt ceiling agreement brings relief

omandailynews.com
Global stocks and oil prices surged on Monday as investors cautiously welcomed news of an agreement that could prevent a catastrophic default on US debt. Germany’s DAX and France’s CAC 40 showed early gains of 0.3% and 0.2%, respectively. In Asia, Japan’s Nikkei 225 reached a 33-year high, rising nearly......
Technology

India’s mastery in space: ISRO’s successful launch of Cartosat-3 satellite

omandailynews.com
In an exceptional display of technological prowess, the Indian Space Research Organization (ISRO) has masterfully launched its most sophisticated earth observation satellite, Cartosat-3, marking another significant milestone in India’s space journey. This successful operation, carried out on [date], highlights the dramatic turnaround in India’s space initiatives since 2014, correlating with......
Business

Global clean energy investment set to reach $1.7 trillion, overtaking oil production

omandailynews.com
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International Energy Agency (IEA) highlights that investment in clean energy technologies is outstripping spending on fossil......
Business

European Investment Bank supports circular economy with €3.4 billion lending

omandailynews.com
Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International Energy Agency (IEA) highlights that investment in clean energy technologies is outstripping spending on fossil......
News

WHO report urges governments: prioritize food security over tobacco industry

omandailynews.com
The World Health Organisation (WHO) has called on countries to halt the cultivation of tobacco and instead support farmers in growing food, citing the global hunger crisis and the staggering death toll of eight million caused by tobacco-related diseases annually. In anticipation of World No Tobacco Day on Wednesday, May......
Business

Successful UAE-India partnership stands as a model of bilateral cooperation

omandailynews.com
New Delhi was a hub of activity on the 24th and 25th of May 2023 as it hosted the annual Confederation of Indian Industry (CII) conference. Prominent figures such as Sanjeev Bajaj, President of CII, and Chandragit Banerjee, Director-General of CII, attended, along with a distinguished assortment of global investors,......