Archives
Digital Currency: China Reveals Plan to Launch its Own Digital Currency
The timeframe to this plan is still unknown, but the central bank claims that the process has been going on since 2014. China has stated some benefits for having a digital currency in their financial system, including transparency, digital track-recording, as well as reducing transaction costs. Bitcoin, a global digital currency, gained popularity in China in 2013 but has also brought some controversies about the risks.
Revenue-Shares: Google Reportedly Pays $1 Billion for Apple to Keep Its Search Bar on iOS Devices
In an Oracle court proceedings against Google, it was revealed that the search engine company could be paying Apple at least $1 billion in revenue-shares. The payment was made to keep Google's search bar on Apple devices. A source named the sharing percentage for Apple to be 34 percent, but it's yet to be officially confirmed nor denied.
French Foie Gras Production Heavily Hit by Threats of Bird Flu
The French foie gras industry is forced to pause production of the delicacy until all farms are cleaned and disinfected. The new safety measures come from the discovery of the H5N1 virus found in a farm in southwest France.
USDA’s investigation to Pennsylvanian small-animal dealer over substandard conditions prompted Petco to cut ties with supplier
Pennsylvanian small-animal dealer Holmes Chinchilla Ranch and Other Small Animals Inc is being investigated by the U.S. Department of Agriculture over substandard conditions of facilities.