US Tariffs Forces Airbus To Increase US Production Of Its A320 Planes

After the United States decided to impose tariffs on Europe-made planes with a resultant threat that the costs of the planes would increase for those US customers who has purchased aircraft from the European plane maker Airbus, the company has announced that it had decided to increase production of its A320 narrow-body jetliners that are…

Huwaei Faces Trouble In West But Has Booming Business In China

The planned rollout of 5G networks in the United States and the United Kingdom has been impeded by an international controversy surrounding the largest manufacturer and supplier of 5G telecommunication equipment – Chinese tech giant Huawei. National security fears have prompted the US to put a ban on purchase and use of telecom equipment from…

Further Investments In Indonesia Intended By SoftBank’s Son

Japanese tech based investment group SoftBank Corp intends to increase its investments in Indonesia, said the group’s founder and CEO Masayoshi Son after a meeting with the country’s President Joko Widodo. “We don’t discuss the specific numbers yet, but new smart city, newest technology, clean city, with a lot of AI, that’s what I’m interested…

Mercedes-Benz Claims It Topped In Global Premium Car Sales In 2019

German luxury car maker Daimler’s Mercedes-Benz passenger cars is set to become the biggest-selling premium car brand of the world for 2019 after the company announced that it had sold 2.34 million of the cars worldwide which also marked record sale of the brand for the ninth consecutive year. The title of the best-selling luxury…

BMW Group reports records sales for 2019 topping the premium passenger car segment

On Friday, BMW stated, it has sold 2.52 million Rolls-Royce, BMW, and Mini vehicles in 2019, topping the premium category car group, ahead of Daimler. On Thursday, Daimler had reported that it had sold 2.34 million Mercedes-Benz passenger cars in 2019 – its ninth consecutive year of record sales. In a statement BMW said in…

Facebook tweaks ads policy, continues to allow political ads in U.S. Presidential 2020 campaign

In a statement, Facebook Inc stated, it has tweaked its approach towards political ads and has introduced limited changes, which includes an option for users to turn off certain ad-targeting tools. Facebook has defied critics’ demands of barring political ads in its platform which often spew out fake news. Facebook, the world’s biggest social network,…

3-Fold Increase In Iran Based Hacking Efforts In US After Soleimani Strike: Cloudflare

According to internet security researchers and state government officials in the United States,  following the death of Iranian military leader Qasem Soleimani, there has been a significant increase in the incidents of attempted hacking into computer networks in the US. The network security company Cloudflare said that there was a 50 per cent increase in…