The news is likely to add to investor worries as it comes in the wake of Apple reducing its sales forecast for its smartphones. Slowing demand in China has had a significant impact on Samsung Electronics Co Ltd, with the South Korean conglomerate set to post its first drop in quarterly operating profits in two…
Tesla’s Shanghai Gigafactory is of strategic importance to the electric carmaker given that Chinese authorities are aiming to have only EVs plying around in the country by 2030. On Monday, Tesla Inc’s CEO, Elon Musk stated, the electric carmaker will break ground for its Shanghai Gigafactory where it will commence the production of its mass…
Tesla’s Gigafactory in Shanghai will play a significant role as it battles a swatch of Chinese domestic rivals in the new age vehicle market. On Friday, U.S. electric carmaker Tesla Inc stated, it plans to start the delivery of its Model 3 sedan to customers in China in March 2019, thus cementing a time frame…
Norway is pushing to end the sales of fossil-fuel powered vehicles by 2025. In a development that underscores the real potential of the EV market, nearly a third of all new cars sold in Norway in 2018 were pure electric. This new world record and milestone comes as Norway strives to end sales of…
Subscribers will be able to watch the content using Roku’s mobile application – a first for Roku. Roku Inc will now offer premium video contents, alongside its free ones, to its subscribers for a fee, said the video streaming service in a statement. This will include premium channels from Lionsgate-owned Starz, CBS Corp’s Showtime, Noggin…
Qatar will be Microsoft’s foothold in the Gulf for expanding its Azure cloud platform in the Middle East. Qatar’s state news agency QNA has reported that Doha’s cabinet has approved the establishment of a Microsoft global data center in the country. In 2018, Microsoft had announced plans to expand its Azure, cloud platform to the…
Google Soli sensors have won approval from the FCC, which includes their usage aboard aircraft. Google’s Soli sensors, which use radars to capture motion in realtime in a 3D space, can enable touchless control of functions. Google’s Project Soli got a shot in the arm after it received an approval from U.S. regulators to deploy…
Germany’s biggest network operators, including Deutsche Telekom, Telefonica Deutschland and Vodafone have sued the market regulator for placing new preconditions in the country’s 5G auctions which are to take place in early 2019. As per a report by German newspaper Die Welt, Deutsche Telekom has filed a lawsuit against Federal Network Agency for setting preconditions…
Amazon is planing to expand its Prime Now service to nearly all of its roughly 475 Whole Foods stores in the country and not just limit the expansion to Western North America. According to a report from the Wall Street Journal, Amazon.com Inc plans on expanding its Whole Foods Market portfolio by adding more stores…
The U.S. District ruled in favor of Google since the plaintiffs did not suffer any “concrete injuries.” A U.S. judge threw out a lawsuit filed by consumers against Google on the grounds of lack of “concrete injuries.” A group of consumers had claimed that Google’s photo sharing and storage service violated their privacy. U.S. District…
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