Much like the issues highlighted by the United States, Czech cyber security watchdog NUKIB has also warned of potential risks of allowing Huawei to build the backbone of the country’s communication network. On Thursday, Czechoslovakia’s industry minister was quoted as saying, it will follow the approach of Germany and other neighboring countries in addressing issues…
While a former chief executive of the now collapsed company Thomas Cook has claimed that his leadership role and decisions had no part in the collapse of the century old global company, another former CEO has hinted otherwise. British members of parliament inquiring into the sudden collapse of were informed by Manny Fontenla-Novoa about the…
There is reasonable confidence with Biogen CEO Michel Vounatsos about getting the approval for the drugmaker’s experimental Alzheimer’s drug from the United States Food and Drug Administration. “We worked in full transparency with the regulator,” Vounatsos said in a television interview while also emphasizing that all of the data about the drug that the company…
While the revenues for the United States based aircraft maker Boeing beat market estimates, its earnings were lower than what the market was expecting for the third quarter of the year. There was however an increase in the value of the shares of the company following positive messaging about the possibility of the return of…
Fortress’ efforts to gather patents essentially amounts to anti-competitive behavior since these acquisitions were driven by the notion that they will be cheaper than what technology companies would be willing to pay to avoid lawsuits. U.S. semiconductor giant, Intel Corp, has filed an antitrust lawsuit against Japan’s SoftBank Group Corp-owned investment company alleging that the…
Toyota aims to sell more EVs than gasoline powered vehicles by 2025. On Wednesday, the head of Toyota Motor’s Lexus brand stated, the carmaker plans on launching its first all-battery electric vehicle in 2020. The development comes midst a race among luxury car brand to bring battery-operated cars in the market as they compete to…
DoD’s funding will enable SkyWater Technology to make chips which can work in hostile conditions such as outer space. SkyWater Technology, a U.S. semiconductor maker stated, it will be receiving up to $170 million from the U.S. Department of Defense to make smaller and faster semiconductors with new materials that can work in outer space.…
A revamped version with a better price points and lower operating costs, Bombardier is aiming to gain some marketshare from Brazil’s Embraer.
The Gulfstream G700 poses a direct challenge to Bombardier’s Global 7500. Gulfstream, a U.S. planemaker unveiled its widely-expected G700 long-range jet in a direct challenge to Bombardier Inc’s Global 7500 flagship aircraft. Gulfstream Aerospace, a unit of General Dynamics Corp, stated the G700 would be powered by Rolls-Royce Holdings PLC’s Pearl 700 engines. It expects…
According to reports, the top leaders at the European Union are likely to take some time to discuss and decide on the plea of the United Kingdom government for an extension of Brexit deadline. It has been reported that the leaders of the other 27 EU states also want to give UK Prime Minister Boris…
business-gurus.com 