Furniture retailing giant Ikea is bring in a radical change to the shopping experience of customers through anew app that would allow its customers to avoid going to Ikea stores and yet be able to visualize the products in reference to their own homes. This would eliminate the need for customers to take the trouble…
According to a report from Barclay’s, over the next ten years, the companies emerging in the industry of plant-based or lab-made meat would be able to capture a 10 per cent share of the $1.4 trillion meat market and it total market value would reach an astounding $140 billion. This fast growing food sector appears…
The plans of launching its own crypto currency by Facebook are on their final stages. By the end of the first quarter of 2020, the company is targeting to set up a digital payments system in about a 12 countries. There are reports that by the end of the current year, testing of its crypto-currency…
Across the world, a number of countries are ready to construct infrastructure for the latest mobile connectivity technology called 5G. The US restrictions and banning of the Chinese telecom equipment maker Huawei could prove to be beneficial to one of its closest global rivals in telecom equipment industry – Nokia, said Rajeev Suri, the Chief…
The women’s retailer Dressbarn clothing chain is set to close down its operations as the company is one the way to close down all of its stores, announced the company. The company however did not provide any timeline for the closing down of the about 650 of its stores. the company would however continue to …
The measure to ban Chinese tech and telecom equipment giant Huawei by the United States administration has not caused a flutter at the company as was evident in the words and statement issued by the company’s founder Ren Zhengfei who remained defiant about the US moves. He claimed that the US administration has made a…
Fears of a brewing of another European financial crisis were expressed by a senior adviser to the German government in an interview to the BBC. One of the first people to issue warnings of a slowdown in Europe’s largest economy last year was Dr Lars Feld, a member of the German Council of Economic Experts.…
The plummeting of demand in the Chinese market, dropping sale of diesel engines and a one time reduction to the value of its business were the primary factors that drove the United Kingdom based automaker Jaguar Land Rover to report its largest loss in its history for its operations last year with a net loss…
The deal of the almost $7 billion takeover of Israeli chip designer Mellanox Technologies by Nvidia would is not expected to be opposed by the Chinese regulators, believes the company’s CEO Jensen Huang. He said this in a television interview with the news channel CNBC. An important function for data center security networking and storage…
The Chinese tech giant and the largest manufacturer of telecommunication equipment in the world Huawei Technologies Co would not be affected much by the ban put on it in the United States, said the company’s Chief Executive Officer and founder Ren Zhengfei according ot a report in Nikkei newspaper. “Huawei’s growth may slow, but only slightly,”…
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