The aim is to reduce the revenue generation gap between its G Suite and Microsoft’s Office suite and specifically meets many business users’ demands. On Wednesday, in what is stated to be its first redesign since 2013, Alphabet Inc’s Google unveiled an overhaul of Gmail in what the company stated was an expensive overhaul that…
To the chagrin of patent trolls and big pharma, in a ruling with widespread implications for high technology companies, including Apple and Samsung, U.S. Supreme Court justices in a 7-2 ruling upheld the IPR system. In a development with significant implications for tech companies, on Tuesday the U.S. Supreme Court approved of a government review…
The Chinese automakers stated if the U.S. were to impose stiff penalties on Chinese vehicle exports, its planned entry into the U.S. market by 2019 will be significantly affected. On Wednesday, China’s Guangzhou Automobile Group Co Ltd stated the brewing trade conflict between China and the United States, especially if stiff tariffs were imposed, its…
Think of Manbang as China’s Uber for trucks. On Tuesday, China’s truck hailing service platform Manbang stated, investors, including Alphabet Inc’s venture capital fund CapitalG and Japan’s Softbank Group have funneled in $1.9 billion in its new funding round. Formally known as the Full Truck Alliance Group, Manbang stated the funding round was led SoftBank’s…
The Chinese ride-hailing firm is expecting to mop $70-$80 billion through its IPO. On Tuesday, a report by the Wall Street Journal stated citing sources familiar with the matter at hand, Didi Chuxing, a Chinese ride-hailing firm is in talks for holding its multi-billion-dollar initial public offering (IPO) sometime this year. Didi Chuxing is expecting…
11% of Germany’s total exports are destined for the U.S. On Monday, Carl Martin Welcker, the head of Germany’s engineering trade body stated a fresh attempt should be made at hammering out a free trade agreement between the European Union and the United States. Last month, U.S. President Donald Trump had announced a 10% tariff…
The EU has indicated that Britain is likely to gain access to its single market bloc following the transitional deal hammered out by negotiators from both sides. On Monday, Britain’s John Phillip Glen, stated that the European Union has indicated that it is willing to provide some form of access to Britain’s financial sector after…
JPMorgan’s blockchain platform was built using Quorum, a type of open-source blockchain that it has developed in-house and is looking to spin-off. On Friday, JPMorgan Chase & Co disclosed, it has field tested tested a new blockchain platform for issuing financial instruments with the National Bank of Canada and other large firms. The platform is…
Of the 87 million Facebook users who were affected by the personal data privacy breach, 3 million were from Europe. A spokesman for Hamburg’s data protection ombudsman stated, the city has opened non-compliance procedures against Facebook, the world’s biggest social network which in recent days have been accused of abusing its users’ data. In a…
Researchers at Singapire’s Nanyang Technological University (NTU) have programmed two robotic arms that can automatically assemble an IKEA chair. This opens up a new possibilities as well as improved cost savings for the Swedish company. In a significant milestone IKEA disclosed, it has installed robots in its Singapore plant which can assemble flat-packed furniture. As…
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