With tough sanctions imposed on it by the United States on its smartphone business, technology for pig farmers is something that Chinese tech giant Huawei is turning to. After the Trump administration labelled the Chinese company a threat to US national security, accessing vital components has been prevented for the Chinese telecoms giant. Huawei is…
SapceX, the space exploration firm founded by the billionaire entrepreneur Elon Musk is now valued at about $74 billion after the company completed another massive round of equity funding which was reportedly valued at about $850 million last week, said reports quoting sources with knowledge of the matter. The new funds were raised at $419.99…
Its fully redesigned version of its Outlander SUV was unveiled by the Japanese auto company Mitsubishi on the United States based online retailer Amazon.com’s streaming service – Amazon Live. A picture of an oversized Amazon shipping box sitting in a driveway was featured in an emailed invitation of the Outlander debut sent to the media…
Driven by the positive sentiments among investors of continued greater acceptance amongst mainstream investors of the biggest crypto currency of the world bitcoin, the value of the digital currency surged past $50,000 mark for the first time in its history. A new high of $50,602 was reached by bitcoin and was ended with a rise…
Stricter border checks kin Germany for crucial auto parts is delaying the deliveries to factories which is forcing the companies to closing down manufacturing units and this has emerged as a new threat to the very crucial car manufacturing industry. Following the implementation of stronger Covid-19 checks and immigration rules at its borders with Austria,…
The United States based electric car making global leader Tesla Inc will be setting up an electric car manufacturing facility in the southern Indian state of Karnataka, claimed multiple reports quoting information gathered from a government document which the reports claimed to have seen. “The US firm Tesla will be opening an electric car manufacturing…
The vaccine candidate against Covid-19 that is being developed jointly by the French drug maker Sanofi and Translate Bio of the United States “will not be ready this year”, announced the French firm’s chief executive in an interview to Le Journal du Dimanche newspaper. The company executive said that it is likely that the company…
Manufacturing for the Learjet, once regarded as aircraft that was very popular as a luxury private jet for the super-rich, will be discontinued after the last of the planes is built in 2021, said the manufacturer of plane Bombardier With the wealthy customers – getting wealthier, starting to demand even larger and more comfortable private…
With shoppers of beauty products flocking to shop from online sources during the coronavirus pandemic, the biggest cosmetics group of the world L’Oreal reported better than expected growth in revenues for the fourth quarter of the last year. The closure of airport duty-free shops and high street stores during the Covid-19 pandemic and the shift…
New labels to clearly identify more state-affiliated accounts, including the personal accounts of world’s leaders’ would be started by the social media platform Twitter from next week, the company said. The aim of this move is to provide greater clarity and context to users when they engage in any geopolitical conversation on the micro blogging…
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