Having started out with a bang and as a pioneer in the technology and internet applications world, Yahoo finally had to wind up and ends its run as a mere holding company. And some analysts and market experts predict that the trendsetting ride hailing company Uber Technologies could also be embarking on the same path…
Amazon is telling tens of thousands of marketplace sellers in the U.S. that it will buy their inventory at full retail price with the aim of trying to boost its catalog. A new program is being rolled out where Amazon will buy products at full price from third-party merchants, then sell them to consumers across…
The siding is just pressure tactics in a battle of who will blink first. In a significant development a group representing major technology companies has sided with Apple in its legal dispute with Qualcomm. The industry body has called on regulators to reject Qualcomm’s bid to ban the import of iPhones. The lobby group representing…
Apple’s iPhone 9 is slated to be launched in 2018. On Friday, a Korean newspaper reported South Korean firm LG Chem, in an exclusive deal, is slated to provide batteries to Apple’s next flagship, iPhone 9, which is likely to be launched in 2018. The South Korea Economic Daily has reported citing an anonymous industry…
In order to give enough time for officials to negotiate a trade deal, Brexit talks need to move fast even though it is a “very difficult process”, a top-ranking member of the European Commission reportedly told a section of the media. The U.K. would just make another name on that list and the EU is…
In Western Australia’s Pilbara region, the rights and claims over land used by Fortescue Metals Group to mine millions of tonnes of iron ore, of an indigenous Aboriginal group were withheld as the Australia’s Federal Court ruled in favor of the indigenous Aboriginal group. Iron ore giant’s Solomon mining hub, a vast mineral-rich project capable…
Spark is being seen as a cross between Pinterest and Instagram with a bent for e-commerce. In a significant development, Amazon.com has forayed into the social media with the launch of Spark, a platform currently available only to Prime members, wherein they can upload photos and videos much like other popular social media platforms, including…
This is significant since GE is aiming to develop next generation thermal power technology and control systems. As per a statement from the Pentagon, General Electric Co has been awarded a defense contract worth up to $409 million. The contract is for developing next-generation thermal power plants and control systems, as part of a government…
Last week’s talks between Trans-Pacific Partnership states demonstrated members’ commitment to inking the wide-spanning free trade agreement even though the meeting failed to produce any major breakthroughs. TPP signatories face a daunting task in finalizing a new framework by November – the agreed upon deadline, after President Donald Trump’s administration withdrew the U.S. from the deal. But experts said…
A group of four companies that assemble the iPhone and other products on behalf of Apple Inc have filed a fresh set of antitrust allegations against the iPhone chip supplier Qualcomm Inc. Qualcomm violated two sections of the Sherman Act, a U.S. antitrust law, alleged Foxconn parent Hon Hai Precision Industry Co, Wistron Corp, Compal…
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