The concept for its self-driving electric crossover SUV was recently launched by BMW and according to experts, if the final product is what the auto maker gas displayed, it would be something unique in the world of electric cars. But for not, BMW has only unveiled its Vision iNext as a concept vehicle. However, according…
Upto 400 employees of the British Steel will lose their jobs with respect to its worldwide operations, the company has announced. This is a part of the strategy of the company to streamline itself and job profiles, the company has said. There are about 5000 people employed with the company globally. The company has further…
In addition to the business woes that are being faced by Snapchat, the firm is also facing challenges from the outside. Investors and analysts ate the Wall Street are losing confidence and faith in the company as well as in its CEO Evan Spiegel. Earlier this week, the price target for the shares of the…
Huawei’s chief executive has pledged that the company will come up with a smartphone with a fold-out screen in just about a year. CEO of the firm Richard Yu said this during an interview with a German newspaper Die Welt. He said that Huawei is “already working on it”. It has been quite a few years…
The right for individuals “to be forgotten” online that is now applicable as a rule in the European Union has the possibility of being implemented globally. A ruling on this is being expected in 2019 from the European Court of Justice which is currently hearing evidence on the case. But according to arguments put forward…
More lives are taken away by smoking cigarettes in the United States than the combined number of deaths because of alcohol consumption, car accidents, HIV, guns and illegal drugs combined claims the American Cancer Society. But is smoking electronic cigarettes or e-cigarettes equally catastrophic? The US market has been flooded with e-cigarettes which are also…
Disposing off unsold products by burning them down is a practice in the luxury companies that is practiced widely but rarely discussed. The aim of such a drastic tactic is to uphold the scarcity of their goods and increase the brand exclusivity. Luxury companies also claim tax credits for burning off their inventory in countrie3s…
The increase in the number of ultra-rich people in Asia has forced New York from its leading position as the city that has the largest number of ultra-rich people. A new report states that New York was over taken by Hong Kong to become the city that is home to highest number of people who…
After a series of violent protests in Germany, the employees of Siemens are being urged to speak up by the company. In a letter sent to its 4300 employees in the Saxony state of Germany, the global engineering company urged its employees to fight the xenophobia prevailing there at the moment and thereby uphold the…
An Israeli company has announced that it has been able to develop a chip technology that can serve as a universal solution to the self driving car industry. The company called Autotalks based in Kfar Netter in Israel, is a firm that is engage din the development of technologies that aid in automatic communication between…
business-gurus.com 