Oxford Reports

Latest and Independent News

Month: August 2019

Facebook Reportedly Crushed The Deal Of Buying Housparty Over Antitrust Fears

Facebook Inc. is one of the tech giants that will be reviewed by The Department Of Justice over antitrust claims. It’s reported that the company was in talks to buy Houseparty, a group video chat. It abandoned its deal due…

Huawei Launches It’s Own Operating System, HarmonyOS

On Friday, the Chinese telecom giant Huawei launched its own operating system. HarmonyOS is the new operating system that will now work on almost all of the devices. However, the Trade War conditions between the US and China have really…

Telecom Carrier Verizon Sells Tumblr To Publishing Tool WordPress

Verizon Communication has agreed to sell blogging website Tumblr to Automattic, the parent company of WordPress. Yahoo bought Tumblr for $1.1 Billion and Verizon had acquired Yahoo for $4.48 billion two years ago. While Tumblr was found in 2017, after…

Goldman Sachs Says That Rising US-China May Lead To Recession

Goldman Sachs, the American multinational bank said that the escalating trade tension between the two countries may lead to recession. It also adds that it doesn’t expect the trade deal to be completed between the world’s largest two economies before…

China Is Almost Ready To Step Into Virtual Currency World

The People’s Bank Of China has claimed that its digital coin currency “can now said to be ready” after half a decade of work. It’s not volatile as Bitcoin or any other cryptocurrency. According to Deputy Mu Changchun, it has…

People’s Bank Of China Fixes Yuan At 7.0211

On Monday People’s Bank Of China set its official midpoint reference for Yuan at 7.0211 per dollar. It is weaker than Friday’s session although higher than what market watchers predicted. This is the third successive time when People’s Bank Of…

US Navy Will Discard Use Of Touch Screen And Roll In Mechanical Ones

The world is marching towards technological advancement while the US Navy is taking a step back. Oxford Reports learned that Navy will replace the touch screen controls to the mechanical ones. The decision comes after the investigation of USS John…

United Parcel Service Retains Its Close Ties To Amazon

Since the FedEx broke its ties with Amazon, United Postal Service (UPS) is trying to retain its ties with Amazon. Amazon is also one of the largest customers of the United Postal Service. According to Morgan Stanley estimates, ten percent…

Financier Jeffrey Epstein Found Dead In The Jail

According to the sources as well as the Law Enforcement officials Financier, Mr. Jeffrey Epstein was found dead in the jail. Mr. Epstein was awaiting an on-trial for charges against him on sex-trafficking. Mr. Epstein was 66 years old. He…

Trump: US Government Will No Longer Do Business With Huawei

On Friday the US President Donald Trump said that the U.S. government will no longer have any dealings with Chinese telecom giant Huawei as the trade war continues to escalate. According to the sources In a statement according to the…