Apple is scheduled to launch its own TV and video services on March 25, 2019. The move will naturally amp up competition in this segment. Reed Hastings, Netflix’s Chief Executive has made it lucidly clear that it will not make its TV shows and movies available through Apple Inc’s upcoming video offerings. “We prefer to…
The development assumes significance as it marks Hyundai’s forray into fleet vehicles. In a move aimed at helping Indian ride-hailing platform Ola catch up, South Korean automakers Hyundai Motor Co and Kia Motors Corp stated, they will invest a combined total of $300 million in Ola. The move follows the $275 million that the pair…
Following media reports that the United States based aircraft manufacturer Boeing was set to issue a software upgrade for its 737 Max aircraft in 10 days resulted in an increase in the shares of the plane manufacturer. It is expected that the planned changes to its anti-stall software for its 737 Max aircraft of Boeing…
According to reports, JP Morgan has put on alert hundred of its employees in the UK while dozens from Goldman Sachs has also been told that they would have to relocate to other European Union countries after March 29 irrespective of whether or not there is ia delay in t he setting of Brexit beyond…
A super computer that would have the processing power of 10,000 trillion calculations every second would be built at the University of Edinburgh in Scotland, Britain, after the varsity secured a funding of $104 million last week for the project. The announcement of the funding was made by Britain’s Chancellor of the Exchequer Philip Hammond…
Japan’s Nissan and France’s Renault have agreed to strategically retool the alliance so as to put themselves on a more equal footing. In an interview to Le Figaro, Renault’s chairman Jean-Dominique Senard drew attention to the fact that Renault and Nissan must streamline decision-making; he also mentioned that boosting the companies’ cross-shareholding is not currently…
Boeing updates target the 737-8’s flight control system, which is also known as MCAS (Maneuvering Characteristics Augmentation System). Following two fatal crashes in the last 5 months, Boeing Co stated, it was finalizing the development of a software upgrade and a revision of pilot training for its 737 MAX. The updates target the aircraft’s flight…
If reports are to be believed, Apple Inc. is now targeting prestigious film awards, including the Oscars, for an upcoming series of original movies and TV shows. According to reports quoting source with knowledge of the issue, this approach by Apple shows its ambitions for dominating Hollywood with its video streaming service which is being…
According to a report published in the news agency Reuters, US based ride-hailing taxi app company Uber would be launching its much awaited initial public offering sometime in April this year. The report said that an investor roadshow, would be launched by it in April by Uber in addition to registering securities with US regulator…
As a mark of a tone down for its stance on foreign companies doing business in the country, China had recently announced the reduction of the value-added tax (VAT) in the country starting on April 1. This has prompted two foreign car makers – BMW AG and Mercedes-Benz to announce reduction of price for their…
business-gurus.com 