Shares of Boeing Co gained 6 per cent after the company announced that 2018 would be the busiest year ever in terms of plane deliveries and that made the company forecast full-year profit much more than was anticipated by Wall Street. In 2018, Boeing plans to deliver anywhere between 810 and 815 commercial aircraft. This…
Any advertisement that seeks to promote crypto-currency products and services will be banned on Facebook, the company said There are a number of companies, according to Facebook, who are not behaving in “good faith” while eulogizing the merits or purchasing virtual currencies even though it said that it was receptive to emerging technologies. There has…
Since the time that global investor Prince Alwaleed bin Talal was released by Saudi authorities on Saturday last week, there has bene an increase of $1 billion in his personal wealth. There has ben a sharp rise in the shares of Kingdom Holding — Alwaleed’s firm that has sizable investments in companies like Apple, Twitter and Citigroup since he…
There is a positive note among participants in the cryptocurrency market in South Korea as new rules to monitor the market gets implemented from Tuesday. This despite the investors and traders in cryptocurrencies being spooked when the South Korean government announced plans for regulation of speculation in the market of virtual currency earlier this month.…
Jurassic park, one of the biggest blockbuster franchises in cinematic history, will form the basis of a unique live-touring show in a joint collaboration of Feld Entertainment Inc. and Universal Brand Development. Featuring a herd of life-size dinosaurs with sizes of up to 40-feet in length, the multi-year arena show is slated to open in…
Nuro’s autonomous automated vehicles are targeting the goods delivery segment. Smaller in size than a conventional sedan, they can be customized to hold upto 10 shopping bags, or be configured to accomodate custom inserts, such as a dry-cleaning rack, a heating or a cooling unit. On Tuesday, Nuro, a Silicon Valley start-up firm disclosed, it…
Petroleum giants, whose business model earlier revolved around fossil fuels, are increasingly diversifying into cleaner technologies with consumers preferring electric vehicles to their dirty polluting gas guzzling cousins. BP Plc disclosed it has invested $5 million in FreeWire, a U.S. mobile electric vehicle charging company. Demand for cleaner vehicles are expected to soar in the…
The U.S. chipmaker’s business model has created a series of legal setbacks. Apple has also charged it over similar legal issues. On Tuesday, Taiwan’s Fair Trade Commission stated Qualcomm Inc will pay $13.35 million ( T$390 million) as its first installment of the fine imposed by it for violations of anti-trust regulations in Taiwan. The…
Holding a dominant market share in India’s fierce ride-hailing market, Ola plans on launching itself in Australia by inviting driving partners and private vehicle owners in the cities of Perth, Melbourne and Sydney. On Tuesday, Ola, an Indian ride-hailing company announced plans on entering the Australian market intensifying its effort to win market share embattled…
Affected users should manually download the security update from the Microsoft Update Catalog website. Software giant, Microsoft Corp has issued an emergency security update that plugs bugs in Intel Corp’s buggy Spectre firmware patch. Microsoft’s update comes nearly after a month following Intel’s confirmation that its chips had exploitable vulnerabilities, now known as Meltdown and…
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