Oppo has unveiled Super Vooc Flash, the ultra fast charging device, during Barcelona Mobile World Congress. No compatible device has been suggested in the introductory session which indicates the device is still in the prototype stage. The Oppo device is claimed to be superior since it diminishes the risk of overheating and can operate in a lower voltage.
Spain
Spain Offers to Pay Tech Workers $17,000 if They Relocate to Rural Extremadura Region
Spain will pay digital nomads and remote tech workers up to $17,000 to move to its rural Extremadura region as part of a $2 million effort to combat depopulation.
Spain Protests Overtourism, Urging Tourists to 'Go Home' Due to Overcrowding and Pollution
Spanish government struggles with rising anti-tourism sentiments as locals demand government action against uncontrolled development and environmental degradation caused by tourists.
Spain Axes 'Golden Visa' Program Granting Residency to Wealthy Non-EU Citizens After Large Investments in Real Estate
Spain announced its intention to eliminate the program known as "golden visas," which grants residency permits to wealthy people from non-European Union countries who invest in real estate.
Iranian Crude Oil Exports To Europe Resumes, Breaking Deadlock Since Mid-2012
Ending a sanction on Iranian oil export, The Monte Toledo, an oil tanker appears as the first to deliver crude oil in Europe since mid-2012. Iran’s oil export during February falls short from its earlier announcement for adding 500,000 barrels per day to the global oil market. However, industry insiders presume for Iranian oil exports in larger volume to Europe and Asia during the current month.
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The US government has appeared in a row with Apple centering unlocking of encrypted data of an iPhone allegedly used by a terrorist. Apple opposes the demand citing creation of backdoors for the law enforcers, may lead to a potential abuse. Supporting Apple stand, Mark Zuckerberg has pledged playing due rolls in its fight while addressing in the Mobile World Congress on Monday.
Facebook has announced forming a social VR team. The team is led by two executives, Daniel James and Mike Booth, both from the video games industry. The team is expected to compete with several startups trying to bring video conferencing and social networking into VR.
Abengoa SA has been witnessed to tatter since Spain government has withdrawn subsidy on renewable energy sector. The company has been battling with a debt burden of €8.9 billion and seeks fresh cash injection of €1.66 billion by the next two years. However, analysts doubt on the Spanish energy producer’s cash requirements.
The AC power cables linked to Microsoft’s Surface Pro tablets of selective three generations pose fire risks due to overheating. Though a limited number of overheating issues have been reported, Microsoft is taking no risks and going to recall for a global voluntary replacement. Details on replacement procedure will be furnished in the Microsoft website sometimes later this week, possibly on Friday.
HBO planned its Internet channel in Spain at the end of this year, enabling people in Spain to access HBO streaming service. The company will challenge Netflix at new vanguard of European market.
Spanish Princess Cristina de Borbón and her husband, Iñaki Urdangarín faces eight to nineteen years of jail time if convicted guilty on the tax-fraud charges they were slapped with.
Andorra will create a 'bad bank' to group the assets of Banca Privada d'Andorra (BPA) linked to illicit activity, it said late on Thursday, as the principality battles to rebuild the reputation of its banking system.
Subdued growth prospects at home are pushing mid-sized Spanish banks into foreign acquisitions that would have been impossible a few years ago as they struggled under the weight of bad loans.
China's cooling growth prospects and an interest rate decision in Russia will shift the economic agenda away from the euro zone next week, although Greece remains firmly in the spotlight because of its precarious funding outlook.
