The strategy document is an eye opener for companies who want to invest in Japan. On June 9, Japan aims to finalise policies regarding the drone deliveries in the country from 2020 as well as commercialisation of self-driving trucks by 2022, as per two sources familiar with the matter at hand. The move could inject…
While Western Digital’s earlier stance may have resulted in increased litigation costs whereas its current stance is likely to give it access, in the form of a minority stakeholder, in Toshiba’s chip business. As per two sources familiar with the matter at hand, Western Digital Corp is likely to join a consortium of Japanese government…
A bipartisan group is in the process of drafting legislation which is expected to address some, if not all, of the concerns raised in the said letter. More than two dozen U.S. tech companies in the U.S., including Amazon and Facebook has urged the U.S. Congress to make broad changes to laws that govern internet…
Tech giants are locked in a bidding war for academics who specialize in artificial intelligence. As per a report from Research firm CB Insights, 34 artificial intelligence startups were acquired in the first quarter of 2017, which is double the of the previous year of the same quarter. This insight is likely to be significant,…
Kik aims to be the first social media app with its own crypto currency. Kik Interactive, the creator of the chat platform Kik, has disclosed it will be launching a crypto-currency, Kin, that would enable customers to use a range of digital services. Founded in 2009, Kik is a free chat and messaging app built…
An analysis of their expenses show, despite similar spending patterns, GM’s resource management and financial planning strategy has resulted in the company releasing far more new and redesigned vehicles than Ford. Although James Hackett spent the whole of last year strategizing on Ford Motor Co’s long-term self-driving car strategy, in his first week as the…
The project will compete with SpaceX and Blue Origin to launch small satellites into orbit. The market for reusable launch vehicles just got hotter. The U.S. Defense Advanced Research Projects Agency (DARPA) has stated it will be investing up to $146 million in an alliance with Boeing in order to build an experimental spaceplane that…
Tech companies who were seen doing the victory round will have to better study the judgement to see its legal implications. Although many companies are buoyed by a ruling from the U.S. Supreme Court which set a limit on where they can be sued for patent infringement, a few intellectual property lawyers opine that due…
Investors are increasingly investing in tech startups in the region whose graduates have strong math, computer science and engineering foundations. Tech entrepreneurs from south-eastern and central European countries, many of whom have had prior experience of launching their own businesses, are increasingly finding a success at enticing global investors, for the second time. Of late,…
This will be the biggest cut in federal funding for the rural economy. This has wide ranging repercussions not only for the U.S. rural economy but for all U.S. tax payers as well. In a significant development that could see food prices move up northwards, the White House budget has proposed $46.54 billion in federal…
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