The energy storage market is slated to grow 10 folds between 2016 to 2022, in the U.S. alone. German engineering conglomerate along with American energy firm AES Corp, have formed a joint venture to service the rapidly expanding energy storage market. Demand for large-scale energy storage is growing rapidly and the price of advanced batteries…
While it started as an auction site, 80% of its offerings have now a fixed price. On Tuesday with eBay publishing a new stream of data, the number of million euro businesses selling on its platform have grown to 1,095 from 731 in Germany last year since 2013. “Millionaire” online businesses selling on eBay have…
Defensive measures are being taken, however experts have admitted that defensive countermeasures have typically lagged behind the ability of hackers to code tools to circumvent countermeasures. As per former and current European government sources who have knowledge of the issue, hackers are persistently trying to attack critical national infrastructure across the European Union. These sources…
In one instance a cyberattack had breached the cyber defenses of a nuclear power plant. In a significant development designed to protect the homeland against cyberattacks, the U.S. Department of Energy stated it is in the process of helping U.S. firms defend themselves against a hacking campaign that is targeting power companies, including nuclear plants.…
It’s been some time now that Israel has been a mecca (pun intended) for cybersecurity and fintech startups. But with foreign companies most reaping this benefit, the country is now gearing up to harvest its tech talents. The Israeli government has let it be known that it is looking for companies to manage four of…
Sitting in for the president when he stepped away for one-on-one meetings with world leaders, Donald Trump’s daughter, Ivanka, took his seat at a Group of 20 meeting table in Hamburg. Seated between Chinese President Xi Jinping and British Prime Minister Theresa May, is Ivanka Trump sitting at her father’s place, shows a photo on…
Some bankers and potential investors are pressing the Toshiba Corp’s board to seriously consider alternatives, people with direct knowledge of the sale process said – including picking a new buyer as the $18 billion sale of Toshiba Corp’s memory chip unit to a government-approved consortium falters. Toshiba prefers selling the world’s second-largest memory chip maker…
The European planemaker Airbus was handed a new headache over what to do with jets worth $1.2 billion at list prices as it tries to close a sales gap with rival Boeing after Qatar Airways has axed orders for four A350s because of delivery delays, Airbus said. The decision means that it could cost Airbus $60-80…
The company is staring at liquidation. Although its founder and CEO was quick to change business to Jawbone Health Hub, that caters to the niche market of medical wearables, according to sources, that business too is struggling to take off. According to sources familiar with the matter at hand, Jawbone, the company that was famed…
With a market presence across the EU and Latin America, the tech startup has managed to significantly trim its losses and if its revenues continue on this trend, it is set to post a profit in this financial year. On Thursday, mobile payment solutions company iZettle disclosed, with its revenue surging significantly this year and…
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