The embezzled chairman of the French carmaker Renault who is also under arrest in Japan on charges of financial misconduct as the chairman of Japanese car maker Nissan, Carlos Ghosn, has reportedly resigned from the company. “Carlos Ghosn just resigned last night”, announced the French finance minister, Bruno Le Maire, to Bloomberg Television. Ghosn was…
Even as the United States has been up in arms against Chinese tech giant Huawei alleging its products can be a huge security risk, plans to make use of the next-generation smartphone developed using its own technology rather than of US components was announced by the tech giant this week. Huawei Technologies has been making…
The changes are seen as a restructuring of leadership at Project Titan. On Thursday, as per a report from CNBC which cites sources familiar with the matter at hand, Apple Inc has dismissed more than 200 employees from Project Titan, its autonomous vehicle group. The dismissals are seen, internally, as anticipated restructuring under the relatively…
Airbus, Boeing and numerous other firms are working on a range of electromobility options that is defining the future of mobility. In an inaugural test flight, Boeing Co’s prototype flying car hovered briefly in the air in a development that albeit small but is a significant step to revolutionizing urban transportation and parcel delivery services.…
Huawei is well on its way to give a record thumping to Apple’s iPhones in full year smartphone sales. On Thursday, China’s Huawei Technologies Co Ltd reported a record rise in the sales of its consumer business which exceeded $52 billion in 2018, mainly on account of its premium smartphones. According to Richard Yu, Huawei’s…
This is the second such setback for Microsoft in China. Microsoft’s search engine Bing has become the latest foreign technology service to be closed down by Chinese authorities. As per Microsoft’s statement, its Bing search engine has been blocked in China. “We’ve confirmed that Bing is currently inaccessible in China and are engaged to determine…
Tesla faces the unenviable position of either raising prices at the risk of losing customers or slash prices by thousands of dollars per vehicle, with the electric vehicle tax break starting to being phase out from earlier this month. Just days after saying saying it would cut jobs, Tesla Inc said, it is reducing the…
With this strategic launch, Huawei is aiming to gain a foothold in the burgeoning 5G market. On Thursday, Chinese telecom equipment giant, Huawei Technologies Co Ltd, introduced Tiangang – its first 5G base station chipset, saying it increases computing power by 150%. Although Huawei has been using its chipsets in its high-end smartphones as well…
The United States would continue to push for the extradition of the chief financial officer of Chinese tech giant Huawei who was arrested in Canada in December over allegations that she was instrumental in in a conspiracy to defraud banks, said the US Justice Department. The US authorities have alleged that Huawei CFO Meng Wanzhou…
According to media reports quoting sources, a joint venture for the manufacturing of batteries for electric vehicles (EV) is all set to be announced by Toyota Motor Corp and Panasonic Corp which would start functioning next year with the aim of rivalling the Chinese makers of EV batteries. According to sources quoted in the media,…
