Facebook to launch new video chatting devices in 2019 Autumn

The chat devices fits snugly into Facebook’s focus towards private messaging by encryption of conversations on more of its messaging services. In the autumn of 2019, Facebook Inc plans to release new versions of its Portal video chatting devices, said Andrew Bosworth, Facebook’s vice president of AR/VR, in an interview at the Code Conference in…

Staff Of Some Tech Firms Asked No To Engage With Counterparts From Huawei: Reuters

In the wake of the recent blacklisting of the Chinese tech company Huawei Technologies Co Ltd by the United States, employees of some of the biggest tech companies of the world have been asked by their respective companies not to discuss anything about technology and technical standards employees from Huawei, claimed a report published by…

Thomas Cook In Negotiations With Chinese Firm For Divesting Of Its Tour Operator Unit

The global travel company Thomas Cook that is undergoing a restructuring program because of financial issues that it faces currently is in negotiations with the Chinese conglomerate Fosun International with the divesting its tour operator business as the company looks to offload some of its business to generate money. After media reports about the negotiations…

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FCA partners with silicon valley startup Aurora for creating autonomous platforms

Tech companies are increasing going up the value chain for automakers. This partnership is the latest example of this strategic tie-up. In a development that marks the latest collaboration between Silicon Valley and automakers, Aurora, a self-driving car software startup stated it will be partnering with Fiat Chrysler to build autonomous platforms for commercial vehicles.…

Samsung Electronics prunes production midst falling market share in China

Samsung’s Chinese rivals have increased their respective market share at Samsung’s expense. South Korea’s Samsung Electronics Co Ltd stated it plans on pruning the production of its smartphones in China following a fall in market share. Domestic Chinese rivals have squeezed its share in China to less than 1%. The plan to reduce the output…