Setting ambitious goals for growth in China and the United States as well as a comeback in Japan where has been hobbled by a mileage cheating scandal, Mitsubishi Motors Corp said it plans to boost sales by 30 percent over three years. Aiming for jump in profitability the Japanese automaker will also ramp up R&D…
The technology partnership will allow firms to pursue their global ambitions. In a development of widespread implications, Nasdaq Inc has announced the signing of a pact with Singapore Exchange Ltd which will allows firms to tap both stock exchanges simultaneously under the two exchange operators’ namesake exchanges. The deal is expected to significantly help fast…
The A330neo is widely expected to keep the crown of the lucrative 250-300 seat market. On Thursday, in a development that gives wings to Airbus dreams, the upgraded version of its profitable A330 jet that is designed to give Boeing’s 787 Dreamliner a run for its money took to the sky for the first time.…
The most active corporate investors in blockchain companies are Google and Goldman Sachs, says a new report. Cryptocurrencies like bitcoin are based on the blockchain technology. But promising cheaper and faster processes, from industries from finance to insurance, it is also being developed for use. according to a report by data firm CBI Insights published recently, just…
Quayside is an upcoming waterfront project in Toronto’s Lake Ontario which Alphabet is developing as a smart city. Canada has contracted Alphabet Inc to plan a mixed-use development along Toronto’s Lake Ontario waterfront using smart urban design and cutting edge digital technologies. As per Sidewalk Labs, a unit of Alphabet which develops new technologies for…
Microsoft’s internal database contains description of vulnerabilities of its widely used products, including its Windows operating system. This treasure trove of critical information, guarded by just a password, was accessed by hackers in 2013. According to 5 former employees of Microsoft, a highly sophisticated group of hackers had managed to break into Microsoft’s network security…
Japan’s No. 3 steelmaker is likely to face an onslaught of legal action, possibly even class-action lawsuits, over the falsification of data in its products which have affected nearly 500 companies. On Tuesday, Japan’s Kobe Steel Ltd has disclosed that U.S. authorities have requested access to the company’s documents related to tis data cheating scandal.…
Read further on why investors including Bain Capital, Digital Currency Group and others are taking basecoin so seriously. U.S. investors, including the Digital Currency Group, have taken part in a pre-sale of basecoin, a crypto-currency which will be created by three Princeton University computer science graduates,Intangible Labs CEO and co-founder Nader Al-Naji. The other investors…
While earlier the hack was attributed to Russian hackers, The Time has reported citing intelligence assessments that the Iranians were behind the attack. On Saturday, The Times newspaper reported citing intelligence assessment of the incident that Iran had carried out a cyber attack on British lawmakers earlier this year. The news comes at a time…
Despite a brilliant performance in the third quarter, Samsung Electronics, the South Korean conglomerate is facing a vacuum in its top leadership which presents a never before opportunity for new generation leaders. On Friday, in a shocking revelation, Kwon Oh-hyun, Samsung Electronics Co Ltd’s CEO and Vice Chairman said he plans on stepping down from…
