Xiaomi, the Chinese smartphone maker has pledged to regain its lost position as the top smartphone seller in the Chinese market. The company intends to regain that position within a period of 10 quarters. Xiaomi had lost the position as the top smartphone company in its domestic market in 2016. This was pledged by the…
The industry of business jets holds much more to offer other than the notion that it is just an indulgence of the global elite. This is being exhibited a very new company into this industry. Touted to be the first of its kind in the world, the Starling Jet is a hybrid-electric business aircraft which…
The development is a follow through on Amazon’s $13 billion acquisition of Whole Foods in 2017. On Thursday, Amazon.com Inc stated it would start delivering Whole Foods groceries to Prime Now members in select U.S. cities; the service will soon expand to the rest of the country as well. In a statement, the world’s largest…
McNeill’s ability to nurture and bring a startup to scale will be beneficial for Lyft as it continues to grow and expand in the coming years. Lyft disclosed it has hired Jon McNeill, a former president of global sales and service at Tesla, as its chief operating officer and noted McNeill’s ability and experience of…
Faster analysis of relationships between large sets of data is possible to be done with quantum computers compared to classical computers according to a study by an international team. Also, the analysis is now possible for a wider range of data types than was expected earlier. A “quantum linear system algorithm” was proposed by a…
Two government led studies in the U.S. have indicated that there is very little health risk, if at all, from the use of cellphones on humans. One of the studies was done on rats and the other on mice. Even as cell phones have turned out to be an integral part of the life of…
Apple’s strategy is aimed at strengthening bonds with local Chinese suppliers and government bodies. Despite facing strong headwinds from China’s business practices, Apple is pushing to make headway with its CEO visiting the country frequently in recent times. With Apple Inc pushing to make headway in China, the world’s second largest economy, it boosted its…
Eyeing booming demand for chips, especially for servers, Samsung has begun investing in a second production facility at Pyeongtaek; it first chip production line at Pyeongtaek began mass production in July 2017. On Wednesday, South Korean news agency Yonhap reported, Samsung Electronics Co has begun investing in a second memory plant at its Pyeongtaek production…
The compelling offer will notch up pressure on Qualcomm to take a tough decision. Adding to that pressure is Qualcomm’s return of investment to shareholders of -7% against a semiconductor index return of 106%. In what could be the biggest acquisition in the tech sector, Broadcom Ltd has put forward a $121 billion “best and…
In the first of its kind Seattle’s election authority has pulled up tech firms, under a 1977 law that requires companies, that sell election advertising, to maintain and make public records showing the names of those who bought the advertisement space, the quantum of the payments as well as the “exact nature and extent of…
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