Ford’s strategy is woven around consumer feedback and the growing demand for autonomous automated vehicles. Jim Hackett, Ford’s CEO, revealed that the firm is reviewing its product portfolio since consumers have shown a preference for SUVs which have fuel efficiencies closer to sedans. At a Ford event in Detroit, Hackett said although in the past…
The measure, as yet non-mandatory, has not had any material impact on the price of bitcoin, with cryptocurrency related shares extending their gains on Friday. On Friday, the Korea Blockchain Industry Association, a South Korean blockchain association, disclosed measures to boost transparency in trading of cryptocurrencies which have been agreed by fourteen exchanges in the…
Analysts expect Atos to come back with a better deal. Gemalto has also not closed its doors to any further deal. On Thursday, with Franco-Dutch chip maker Gemalto rejecting Atos $5 billion (4.3 billion euro) takeover bid, shares of Atos fell sharply by as much as 2.8%. On the French blue-chip CAC 40 index, early…
A study on the aspect of net neutrality and its history in the U.S. was published by business information provider IS Markit. The report also examined the related information on rivalry which could determine the future of the internet if the present net neutrality protections be repelled, amidst risin fears of removal of net neutrality. “Despite…
The move could extend Panasonic’s lead as the world’s biggest producer of lithium-ion batteries, a key component for tomorrow’s electric vehicles. On Wednesday, a joint statement by Toyota Motor Corp and Panasonic Corp said, the duo are considering a joint development of batteries for electric vehicles. The strategic move could potentially aid Panasonic maintain and…
While one location is in rural Georgia, the other is outside of the U.S., indicative of the wide scope in market opportunity. On Wednesday, in its latest push to increase its internet coverage, U.S. communications giant AT&T Inc started trials in the state of Georgia as well as in a non-U.S. location, to deliver high-speed…
The firm’s R2 Data Labs will use a wide array of tools, including AI, machine learning and analytics to push for innovation and growth across its businesses. In what is likely to be a milestone for Rolls-Royce, the firm has created a data unit, R2 Data Labs, that uses artificial intelligence, analytics and machine learning…
The advisory firm Duff & Phelps claims that amidst a global trend of a global slowdown in 2017 with respect to corporate deal making or mergers and acquisitions as reported by many studies dwelling into the aspect of tracking of mergers and acquisitions, there is one country that has proved other wise and reported such…
Far Eastern International Bank had deficiencies in the way it implemented SWIFT, a banking software, which North Korean hackers exploited to steal $60 million. On Tuesday, Taiwan’s financial regulator fined Far Eastern International Bank $266,524 (T$8 million) for deficiencies related to its SWIFT system hacking incident. The fine comes in the wake of Taiwanese local…
With the world threatened by global warming, France has taken the lead in making wealthy countries aware of this menace and is pushing for increased financing in projects that mitigate the effects of this risk. On Tuesday, French insurer AXA disclosed, it would quadruple its investments in environmentally-friendly projects by 2020 to $10.60 billion (9…
