The company is eyeing more tax incentives as it positions itself for deepening its market penetration in India. When Apple’s CEO Tim Cook met Indian Prime Minister, Narendra Modi, at a business summit in Washington he took the opportunity to highlighted the economic impact Apple has had on the Indian economy as he tries to…
Cupertino is increasingly relying on businesses to be its revenue generating engine. The company has tied up with IBM SAP to encourage developers to write business apps for its ecosystem. On Monday, Tim Cook, Apple Chief Executive disclosed that the company is working with Cisco Systems Inc to help businesses that primarily use gear from…
It turns out, in the age of self-driven cars, car rental companies do have a future, albeit with a change in their business model. The self-driving car unit of Alphabet Inc, Waymo, has disclosed that it has signed a multi-year agreement with the Avis Budget Group Inc, a car rental company, for managing its growing…
With cyber security increasingly gaining prominence in the wake of growing threats from Chinese and Russian hackers, a separate listing for Forcepoint has potential. In an interview published on Sunday, German business daily Boersenzeitung reported, Raytheon could potentially come out with an IPO for its cyber security unit. “Raytheon has undertaken that Forcepoint will achieve…
The attack was said to be looking for weaknesses in the password strength of email accounts. On Saturday, the British parliament was hit by a “sustained and determined” cyberattack that was aimed at identifying weak email passwords. The development comes just over a month after a ransomware worm crippled parts of UK’s health service. With…
The efforts of Facebook, Google and Twitter in removing violent jihadist content from online repositories which had acted as breeding ground, have yielded significant results. In efforts aimed at containing the growing threats of extremism in the UK, Facebook has launched a program in the country through which it will train and fund local organisations…
It has cited its weaponized drone, SkyStriker designed for long flight hours, unveiled in the recent Paris airshow to rave reviews, as an example of its innovation. So as to maintain its leading edge over its peers, Israeli defense electronics company Elbit Systems Ltd is moving swiftly to innovate as it faces increasing competition from…
Sensor laden drilling operations are going increasingly hi-tech. In the shale oil industry today, tiny sensors are being attached to production gear to harvest data on right about everything: from pumping pressure, rotational speed of drill bits, heat generated by drilling activity, almost every conceivable variable in the drilling operation is being captured. This sensor-laden…
Lattner’s resignation comes within 6 months of joining the company. In a troubling sign for electric luxury carmaker Tesla Inc, Chris Lattner, the head of its autopilot software, has left the company within six months of joining it. “Chris just wasn’t the right fit for Tesla, and we’ve decided to make a change,” said a…
Samsung – the world’s no. 1 chip manufacturer will not be effected by this crunch. With Apple set to launch its flagship, iPhone 8, later this year, electronics manufacturers across the globe are scrambling to stock up memory chips to keep production lines running. The iPhone 8 threatens to worsen the mismatch between supply and…
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