New Mac Pro Desktops To Be Made Completely In US Plant, Says Apple

Following a “a federal product exclusion” from the United States government for some of the components and equipment of its next generation of Mac Pro desktop computers, US tech giant Apple Inc has announced that this computer would be manufactured in the US – at a plant Austin, Texas state of the country. Despite the…

European Court Of Justice Rules In Favor Of Starbucks Over EU Tax Orders

The accusations against the coffee giant Starbucks by the European Commission that it has been offered illegal state aid through a sweetheart tax deal has been ruled out by an order form the highest court of Europe. However, the same European Court of Justice ruled in another case related to the auto maker Fiat Chrysler…

Top EU Court Rules In Google’s Favor In ‘Right To Be Forgotten’ Case

It would not be necessary for Google to globally apply an earlier ruling that mandated that the United States based search engine giant comply with requests and demands for removal of online links globally, the top court of Europe has ruled. The new ruling essentially limited “de-referencing” of the order to just European Union domains.…

Self-Driving Car JV Worth $4 Billion Set Up By Hyundai Group And Aptiv

With a focus on catching up with rival companies in the area of self driving vehicle technologies, its largest overseas investment will be made by the South Korean carmaker Hyundai Motor Group. The company said that it would invest $1.6 billion in a joint venture with Aptiv for development of technology for self driving vehicles.…

Trade Decline And Brexit Jitters Slow Down Eurozone Economy

The highest and fastest drop in manufacturing output in nearly seven years was experienced by the eurozone economy in September because of the slowdown in global trade and threat of the no-deal Brexit which brought the economy of the zone to a near standstill. The bad performance of the eurozone economy was led by negative…

3Bn Euro Investments in Euros In European Data Centers To Be Made By Google

Over the next two years, United States based search engine giant Google will make investments of 3 billion euros (3.3 billion U.S. dollars) toward expansion of its data centers in Europe, said the company’s CEO Sundar Pichai on Friday at Helsinki. About 15 billion euros has been invested in Europe by Google since 2007, Pichai…

Despite Regulatory Cold Shoulder, Facebook To Push Ahead With Libra Launch Next Year

Even though a number of financial regulators across the world have given a cold shoulder to the social media company Facebook’s planned launch of a cryptocurrency, it said that it would push ahead with the planned launch next year.  This was confirmed by an executive incharge of overseeing the project to the Swiss newspaper NZZ.…