ASAP specializes in developing and testing software and electronic architecture for human to machine interfaces, software for autonomous driving, and car-to-x communication. As part of its strategic push into the future of mobility, car parts maker ZF Friedrichshafen has acquired a 35% stake in ASAP – a Germany-based company which specializes in developing software and…
Till the end of 2018, QME is waiving all trading fees on its platform. In a statement, the Hongkong Exchange (HKEX) Group disclosed, Qianhai Mercantile Exchange (QME), a Shenzhen-based commodity trading platform controlled by it has begun operations since Friday. As part of its drive to attract business, QME which so far is only trading…
Apple users who had not enabled the two-factor authentication have fallen victim to phishing scams. Apple has stated, the incident has led to a rise in “false and fraudulent refund claims trying to take advantage of this incident.” Earlier thhis month, following an internal investigation Apple stated, it had uncovered a “small number of our…
After Icahn’s latest purchases, he has become the second biggest shareholder of Dell’s tracking stocks. In a strategic development, activist investor Carl Icahn has reportedly increased his stake to 8.3%, up from 1.2%, in Dell tracking stock as he looks to block a proposed plan to take Dell public again. In July, Dell Technologies had…
Apple is making major efforts to become the top music streaming service provider, a seat currently occupied by Spotify. According to American news agency Axios which has cited a source, Apple Inc has acquired music analytics start-up Asaii for less than $100 million. The acquisition will help Apple strengthen its bid to recommend content to…
The president of Toyota stressed that the British government should avoid “at all costs” a no-Brexit deal. This is the latest episode of an influential Japanese investor commenting on the future of the UK economy. The industry leader Akio Toyoda lamented that leaders from the UK and the European Union failed to come to an…
A large section of the global business world has been impacted by the disappearance and death of Saudi journalist Jamal Khashoggi. This has resulted in uncertainties about planned investments in Saudi Arabia in various partnerships and in projects related to the in banking, transportation and technology sectors. Ever since the disappearance of the Washington Post…
Interest in what is known as the “NewSpace” – creating create cheap, commercialised space travel, has caught the interest of an increasing number of entrepreneurs. Three of the top such entrepreneurs that have made a huge splash in the market include billionaires Elon Musk, Jeff Bezos and Sir Richard Branson. All of them have been…
For General Electric, the manner in which it has been delivering dividends throughout its 119 tear old history has made the once dependable company proud. However that reliability has now dwindled for GE. But now the new boss of the company Larry Culp could be forced to cut the dividend because of the financial condition…
According to a warning issued by the United Kingdom’s ferry firm Stena Line, traders could bypass Great Britain and there could be an impact on food supplies in case of a no-deal Brexit. Ian Hampton senior executive at the global ferry operator said that there is “very little readiness” at ports and “anxiety is high”.…
According to a report in the BBC, an investigation by consumer group Which? has found that people are being offered free goods in exchange of positive product reviews by a section of online sellers. The representative of the organization conducting the investigation joined a number of “rewards for reviews” groups and was promised free items…
Johnson & Johnson has won a major litigation that threatened to strike a major blow to one of its most popular products. A jury of a first trial court in New Jersey was managed ot be persuaded by the company that its iconic baby powder did not contain cancer-causing asbestos as had been alleged by…
