Uber aims to debut a flying taxi service in LA sometime in 2020. On Wednesday, Uber stated it has struck a deal with NASA to develop software for managing “flying taxi” routes in the air along the lines of ride-hailing services on the ground. This marks a milestone in Uber’s history since this is its…
Once developed, the platform will not be limited to just India but can be integrated with vehicle systems globally. On Tuesday, Bangalore-based Indian ride hailing service Ola disclosed that it has tied up with Microsoft Corp to build a new connected vehicle platform on Microsoft’s Azure cloud computing service to power its in-car entertainment offerings.…
While the deal is widely expected to benefit Disney, its impact on Twenty First Century Fox will require more clarity. News reports from CNBC have stated citing anonymous sources familiar with the matter at hand, Twenty-First Century Fox has held talks with Walt Disney Co to divest most of its television and film assets, in…
With Sprint and T-Mobile ending their merger talks, it would appear that Sprint has triggered its contingency plan which allows it to leverage Altice’s cable network to develop and provide 5G connectivity. U.S. cable operator Altice USA is set to sell its its mobile service on Sprint Corp’s network under a new multi-year agreement. The…
Although Toyota AI Ventures aims to spread its investments worldwide, Israel’s penchant for excelling in high technology areas has increasingly drawn global attention to its startups. Following Toyota Motor Corp’s venture arm leading a $14 million investment in Israeli robotics company named Intuition Robotics earlier in July, the Japanese giant is looking to further invest…
On October 17, the U.S. and China signed an agreement that allows regulators on both side to certify design, production and air worthiness of its airplanes parts and passenger jets. On Thursday, China’s aviation safety regulator stated it has recently signed an agreement with the U.S. aimed at streamlining the certification of aircraft parts and…
The loan is to refinance loans taken by Sprint and ARM for acquisitions. On Thursday, Japan’s SoftBank Group Corp said it has secured a $23.3 billion (2.65 trillion yen) loan agreement to re-finance the acquisition loans for British chip designer ARM and U.S. telecommunications Sprint Corp. The loans have a maturity date of Sept…
Law enforcement agencies got tipped off when someone tried to sell the stolen database in an internet forum. On Wednesday, Salleh Said Keruak Malaysia’s Communications and Multimedia Minister said, the country is investigating the alleged attempt to sell stolen data related to 46 million mobile phone users in the company. Malaysia has recently suffered a…
The R3 project is likely to be a significant milestone in the history for blockchain technology. On Tuesday, in a significant development, twenty two of the world’s biggest banks have come together to collaborate on developing an international payments system that would allow existing central bank currencies and any new digital ones to be transacted…
Samsung’s brilliant strategy had outflanked Qualcomm’s when it designed Qualcomm out of its smartphone without Qualcomm even knowing it until it was close to shipping time. According to two sources familiar with the matter at hand, Apple Inc’s upcoming iPads and iPhones are not set to feature chips from Qualcomm Inc. Sources preferred the cover…
business-gurus.com 