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Robber barons of the C21 Amazon generated record sales income of £38bn in Europe last year, while income in the UK soared by 51 per cent to reach almost £20bn – mind-blowing figures! At the same time Apple reported trading figures for the first three months of 2021 with another set of astonishing numbers. So much so, that it was able to announce a buy-back of shares worth $90bn – that’s equivalent to the value of BP, and that’s spare cash! Despite record revenues though, Amazon paid no tax. It reported a ‘loss’ and received €56m...

In a move intended to support local supply chains the South Korean government has announced a series of tax breaks, worth nearly $900m, to support chip manufacturers struggling with global shortages.

While profits may be booming at Infineon, and revenues have soared, the company has warned that the on-going chip shortages bedevilling the automotive industry could cut car production by 2.5 million in the first half of 2021.

Pay by palm technology raises security worries News that Amazon in trialling palm-scanning technology at one of its Whole Food stores in Seattle is raising privacy concerns, due to the fact that the technology Amazon is using links a customer’s palm signature with their credit details. The contactless payment method, known as Amazon One, involves customers enrolling their palms in Amazon’s system to make payments with a palm ‘signature’ which is linked to their credit cards. The technology works by analysing the bones, creases and other structures b...

Summary Khursheed Aurangzeb is Associate Professor in Department of Computer Engineering at College of Computer and Information Sciences at King Saud University (KSU), Riyadh, Saudi Arabia. He received his Ph.D. degree in Electronics Design from Mid Sweden University Sweden in June 2013, MS degree in Electrical Engineering (System on Chip Design) from Linkoping University, Sweden in 2009. He received his B.S. degree in Computer Engineering from COMSATS Institute of Information Technology Abbottabad, Pakistan in 2006. He has authored and co-authored more than 70 publications including IEEE / A...