The 700 MHz and the 2.1 GHz bands have been auction in Norway. In a first step towards the introduction of 5G services in Norway, Ice, Telia and Telenor have won spectrum in the auction of the 700 MHz and 2.1 GHz bands which ended on June 5 2019. The 700 MHz band can be…
Samsung’s Chinese rivals have increased their respective market share at Samsung’s expense. South Korea’s Samsung Electronics Co Ltd stated it plans on pruning the production of its smartphones in China following a fall in market share. Domestic Chinese rivals have squeezed its share in China to less than 1%. The plan to reduce the output…
The latest visit of the United States president Donald Trump to the United Kingdom swathe White House renting a fleet of Mercedes E-Class limousines form JP Ward & Sons which is an Irish funeral services home, according ot a report published in The Guardian newspaper. The rent for the vehicles for the two day visit…
Electric car technologies would be jointly developed by BMW and Jaguar Land Rover as the two car makers have decided to use their resources together. Electric motors, transmissions and power electronics would be jointly developed by them, announced the two car giants. Amidst a business environment of dropping sale of cars and increasing costs of…
The partnership is aimed at slashing the cost and time of the development cycle and bring vehicles equipped with state of the art technologies to the market as soon as possible. On Wednesday, in a development that marks yet another alliance to bring down the cost of developing electric cars, BMW stated it will partner…
The development is significant since typically buyout funds focus on physically infrastructure. In contrast Digital Colony’s fund illustrates how investors are now seeking assets that support the digital economy. According to sources familiar with the matter at hand, private equity firm Digital Colony, which has the backing of U.S. real estate investor Thomas Barrack, has…
Google online ad business faces strong risks of non-compliance to EU’s GDPR. In a development that marks a heightening of Google’s privacy woes, privacy campaigners have filed complaints to data protection regulators in France, Germany and seven other EU countries over the way Google handles data in its online advertising business. Last month, complaints filed…
A hacker has been able to breach the cyber defenses of Quest Diagnostics Inc and has been able to access a whole treasure trove of patient data, including their credit card numbers, bank account details, medical data and social security numbers. In yet another case of a cyber attack, Quest Diagnostics Inc disclosed it has…
Going by its revenue forecasts, MaxLinear’s revenues have not been materially affected by this disruption. In a significant development, MaxLinear Inc, a radio-frequency chip maker disclosed it has stopped shipping its semiconductors to Huawei Technologies Co Ltd and its affiliates. MaxLinear stated it cannot predict when shipments to Huawei will resume. The company has revised…
Being faced with a continuously reducing market share and demand in its home market, Harley Davidson, the legendary American motorcycle developer and manufacturer, is seeking to venture into some of the largest motorcycle markets of the world in Asia – visually into India, China, Vietnam, and Indonesia, in order to reverse it fortunes. The opportunities…
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