There is little to be worried about the quality of audits of firms operational in China, believes the chief executive of one of the four largest accountancy agencies of the world. The quality of the auditing done by Earnest & Young (EY) in on companies in China is not something that makes the Global Chairman…
Analysts expect the newer iPad Pros, which will compete with Miscroft Surface, to have thinner bezels and thus more screen space along with facial recognition tech, much like the ones found in Apple’s latest iPhones. Apple Inc is largely expected to unveil its latest updates to its Mac computers and iPads which will include facial…
Although the new innovation center does not aim to replace Walmart’s internal research lab, it nevertheless aims to be the test bed for emerging technologies which when mature will filter down the company’s other stores nationwide. Sam’s Club, a unit of Walmart Inc, stated it will open a new store and innovation center in Dallas,…
Although Elon Musk, Tesla’s visionary CEO has claimed to be the “Nothing of Tesla”, the company’s investor page has him as the CEO. Elon Musk, Tesla’s visionary Chief Executive Officer took to Twitter on Monday, saying he has deleted his titles from the company, without giving further details. “Deleted my Tesla titles last week to…
The development comes midst allegations that Fujian Jinhua Integrated Circuit Co Ltd stole intellectual property from U.S. chip company Micron Technology Inc. In a strategic development, U.S. President Donald Trump’s administration has placed Chinese state-backed chipmaker Fujian Jinhua Integrated Circuit Co Ltd on a list of entities that cannot purchase components, software and technology goods…
The general consensus among analysts is that Tesla will need more capital in the near future. One of Tesla’s top shareholders, Baillie Gifford & Co, has stated, it is willing to invest more into the electric carmaker. “If he (Tesla CEO Elon Musk) needs more capital we would be willing to back him,” said Nick…
The development piles up more investor pressure on Xiaomi’s stock, which is already down by 30% since its July 2018 IPO. On Tuesday, Chinese authorities disclosed, smartphone maker Xioami Corp had committed accounting errors. With the news reaching the market, Xioami’s Hong Kong-listed shares turned south midst a wider sell-off of China tech stocks. In…
A lack of airwaves is likely to result in higher prices during auctions; this will mean carriers will have to shell out more resulting in a potential fund crunch for further investments on new mobile infrastructures that are crucial to leverage the benefits of 5G technology which promises to connect everything ranging from autonomous vehicles…
Following suffering losses in a regional election on Sunday, the coalition partner party of German Chancellor Angela Merkel gave her party till next year to deliver more policy results and threatened to withdraw support in case of no improvement. According ot an exit poll for broadcaster ARD showed Despite polling just 28 per cent of…
A 28 per cent year-on-year increase in pre-tax profit for the third quarter was reported by the largest bank of Europe – HSBC, at $5.922 billion. The revenue of the bank also increased by 6.32 per cent year-on-year for the third quarter, and was at $13.798 billion. But according to analyst forecasts compiled by data…
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