The launch demonstrates SpaceX’s capability as well as Elon Musk’s entrepreneurial acumen. It will go a long way to garner lucrative satellite launch of military satellites, worth billions of dollars. In a significant development, SpaceX’s Falcon Heavy, the most powerful operational rocket in the world, lifted off from Florida in a key demonstration of Elon…
Tesla disclosed every car in its stable will feature its autopilot software. If ordered online, its lowest-priced Model 3 in the U.S. will cost only $39,500 for the Model 3 Standard Plus. In a development that aims to attract more cash in its coffers and expand its customer base, Tesla Inc on disclosed it has…
In the first such hike in 11 years, Amazon.com will be charging $43.86 in Japan as against $119 in charges for the same in the U.S. On Friday, in the first such hike after more than a decade of its launch, Amazon.com Inc’s Japanese unit raised the membership fee for its Prime service by 26%.…
In its annual threat assessment, Netherland’s intelligence agency had warned that China is targeting tech companies in the Netherlands for intellectual property theft, just like it does in other countries. In a significant development, Netherland’s ASML disclosed, it has become a victim of Chinese corporate espionage. Luckily the perpetrators who had stolen information did not…
A tariff dispute between the E.U. and the U.S. does not make business sense it will only benefit competitors, said France’s Finance Minister Bruno Le Maire. In a significant development, French Finance Minister, Bruno Le Maire warned, any escalation in the subsidy row involving Airbus and Boeing is fraught with dangers and risks since it…
4 Japanese carriers, including NTT Docomo, KDDI and SoftBank Corp, and Rakuten Inc, have been allocated 5G spectrum. They will be investing a total of around $15.29 billion, a conservative figure, spread across 5 years to build their 5G networks. In a significant development that marks the a milestone in the impending launch of high-speed…
This is a threat since cyber-criminals are increasingly interested in monitoring the movement of influential business professionals as well as government employees. According to a research report released by Symantec Corp, two out of three hotel websites have inadvertently leaked guests’ booking details as well as personal data to third-party sites, including advertisers and analytics…
To date Grab has raised nearly $8 billion since its inception nearly 7 years ago. According to Grab’s CEO Anthony Tan, the transportation network company is looking to raise another $2 billion in 2019 to ramp up its expansion plans. This announcement comes in the wake of its latest funding round in which it cornered…
The European Commission is looking to setup ethical guidelines for artificial intelligence which should be transparent, secure, have human oversight and have reliable algorithms. They should also be subject to privacy and data protection rules. The European Commission stated, companies working with artificial intelligence need to install accountability mechanisms that prevent the misuse of AI.…
The European Union’s data protection supervisor will investigate whether Microsoft Corp is in compliance with the EU’s new GDPR rules. In a significant development, the European Union’s data protection supervisor disclosed, it has launched an investigation into whether services and products provided by U.S. software giant Microsoft Corp to EU institutions are in compliance with…
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