Amazon allows Apple Music on its Echo speakers

This strategic move sees Amazon.com increasing its cooperation with Apple and is probably aimed at boosting its market footprint at the cost of Alphabet’s Google. On Friday, in a move that marks increased collaboration between two tech giants, Amazon.com Inc stated, Apple Music will become available on its Echo smart speakers starting December 17, 2018.…

Toyota will buy PSA Group’s stake in jointly-managed Czech Republic plant

Toyota will gain full control over the factory in 2021 which will continue to produce current generation compact cars for both companies. On Friday, both Toyota and the PSA Group stated, the former has agreed to to purchase the latter’s stake in a jointly-managed Czech Republic factory which specializes in the manufacture of small cars.…

South Korean prosecutors indict 9 for leaking Samsung Display’s OLED 3D lamination technology to China

South Korea’s Suwon District Prosecutors’ Office has concluded that Samsung Display 150 billion 3D lamination technology was sold by the CEO and 8 employees of Toptec Co Ltd for $13.85 million to China. In a development that goes to corroborate much of the narrative coming out of the United States and which underscores one of…

U.S. chipmaker Qualcomm Inc creates venture capital firm to invest in AI startups

Artificial Intelligence will be pervasive in the coming years with its ubiquitous usage touching nearly every aspect of our day-to-day lives. In a significant development, U.S. chipmaker Qualcomm Inc has set up Qualcomm Ventures AI Fund, a $100 million fund, that will invest in startups working on artificial intelligence technologies. Qualcomm Ventures AI Fund has…