Known for his aggressive management style, Elon Musk is pushing hard to become the first internet-based service provider – a move that could make a huge splash in the U.S. and global broadband market. According to two employees of SpaceX with direct knowledge of the matter at hand, Elon Musk, SpaceX’s Chief Executive Officer, known…
The development marks a milestone in the testing of autonomous automated vehicles. In a significant development, California’s Department of Motor Vehicles stated, Alphabet Inc’s Waymo unit has been awarded a permit to test driverless vehicles without a backup driver in the front seat. Waymo is the first company to receive such a permit from California’s…
Higher sale of the sugar free sodas and vitamin waters of Coca-Cola, as reported in its financial results for the third quarter, indicates that the measures that one of the largest soft drinks company has taken to address the changing consumer tastes has been successful. The company posted a better than expected revenue and profit…
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…
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