The development sees Keith Rock, currently Salesforce.com’s COO, joining its board along with Parker Harris, a co-founder who is also its CTO. Salesforce.com Inc, a U.S. sales and marketing software company disclosed, its board has appointed Keith Block, who ic currently its Chief Operating Officer, as its joint-chief executive officer. Since joining Salesforce in 2013,…
Technological areas in which Samsung Group will invest include, AI, bio-pharma, 5G and electronic components for next gen automobiles. On Wednesday, Samsung Electronics, a unit of the South Korean conglomerate Samsung Group stated, over the next three years it plans on investing up to $22 billion (25 trillion won) in artificial intelligence, electronic components for…
With Uber Technologies facing a potential ban in Britain, Ola could gain the upper hand. On Tuesday, Ola, India’s ride-hailing firm stated it plans on expanding its area of operations to Britain this year following a launch of its services in Australia. In a statement, Ola said, it had obtained licenses to begin operations in…
The attack comes despite robust security measures undertaken by Singapore, a highly wired and digitalized state which has made cyber security a core priority since more than a decade. On Monday, on a follow up on Singapore’s worst ever cyber attack which saw personal information of nearly 1.5 million people, including its Prime Minister being…
Schaeffler is acquiring the the drive-by-wire technology since it thinks it will play an key role in the coming self-driving range of vehicles. On Monday, Schaeffler Technologies AG, a German automotive supplier disclosed it was in the process of acquiring Space Drive, a drive-by-wire technology provider, from Paravan GmbH since it would play a key…
Valued at $56 billion, sources say Didi aims to spin-off its car services business before its potential blockbuster IPO. On Monday, China’s biggest ride-hailing service Didi Chuxing Technology stated it will invest $1 billion in its auto services business as part of a re-branding exercise ahead of its anticipated initial public offering (IPO). Didi also…
Despite the outbreak, which has caused shipment delays, TSMC has maintained its single digit growth forecast. Taiwan Semiconductor Manufacturing Company Ltd, the world’s largest contract chipmaker stated as a result of computer virus outbreak in its systems, its third-quarter results have been affected. TSMC, a major supplier for Apple Inc, stated the virus infected a…
With countries increasing scrutiny over equipments produced by those they consider as adversaries, companies in the tech industry are facing headwinds. According to sources familiar with the matter at hand, China’s Huawei Technologies is facing strong headwinds by way of heightened scrutiny in Britain over the usage of a legacy software component sold by a…
This is probably an adjustment period for Amazon in Australia, opine analysts since it is not the kind of company that accepts failure. It would have long term goals. Amazon has reported a modest loss in its Australian operations in its latest corporate filings. Its entry into the Australian market in 2017 had made established…
Although its been largely blocked in the United States and Australia, Huawei has reported a surge in shipments to the EMEA region during the first quarter and expects to take the crown of being World No. 1 in sales by the end of 2018. In a significant, Chinese telecom equipment maker Huawei Technologies Co, raised…
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