Tesla’s Gigafactory in Shanghai will play a significant role as it battles a swatch of Chinese domestic rivals in the new age vehicle market. On Friday, U.S. electric carmaker Tesla Inc stated, it plans to start the delivery of its Model 3 sedan to customers in China in March 2019, thus cementing a time frame…
Norway is pushing to end the sales of fossil-fuel powered vehicles by 2025. In a development that underscores the real potential of the EV market, nearly a third of all new cars sold in Norway in 2018 were pure electric. This new world record and milestone comes as Norway strives to end sales of…
Subscribers will be able to watch the content using Roku’s mobile application – a first for Roku. Roku Inc will now offer premium video contents, alongside its free ones, to its subscribers for a fee, said the video streaming service in a statement. This will include premium channels from Lionsgate-owned Starz, CBS Corp’s Showtime, Noggin…
Qatar will be Microsoft’s foothold in the Gulf for expanding its Azure cloud platform in the Middle East. Qatar’s state news agency QNA has reported that Doha’s cabinet has approved the establishment of a Microsoft global data center in the country. In 2018, Microsoft had announced plans to expand its Azure, cloud platform to the…
Google Soli sensors have won approval from the FCC, which includes their usage aboard aircraft. Google’s Soli sensors, which use radars to capture motion in realtime in a 3D space, can enable touchless control of functions. Google’s Project Soli got a shot in the arm after it received an approval from U.S. regulators to deploy…
Germany’s biggest network operators, including Deutsche Telekom, Telefonica Deutschland and Vodafone have sued the market regulator for placing new preconditions in the country’s 5G auctions which are to take place in early 2019. As per a report by German newspaper Die Welt, Deutsche Telekom has filed a lawsuit against Federal Network Agency for setting preconditions…
According to a spokesman from the People’s Bank of China, after the drop in China’s stock market the financial markets in China are safer. The Shanghai composite ended the year on Friday 25 per cent lower for the entire 2018 at 2,493.9 which marks that worst year for the index since 2008. After the index…
Britain’s trade minister Liam Fox has said that if the UK government rejects the European Union withdrawal deal next month, there is a 50-50 chance that Brexit may be stopped. “If we were not to vote for that, I’m not sure I would give it (Brexit) much more than 50-50,” Fox told the Sunday Times…
According to multiple reports, liquidating was narrowly avoided by Sears Holdings (SHLDQ) after to buy and save the company was made by Eddie Lampert, company chair, with a last-minute $4.4 billion. SHLDQ was once known for the iconic catalog and department stores that it owned. According to a report by CNBC, based on sources familiar…
Amazon is planing to expand its Prime Now service to nearly all of its roughly 475 Whole Foods stores in the country and not just limit the expansion to Western North America. According to a report from the Wall Street Journal, Amazon.com Inc plans on expanding its Whole Foods Market portfolio by adding more stores…
