Following a dramatic rise in its share price that pushed the market value of the United States based electric car maker Tesla past the $100bn mark, the company became the second most valued car maker of the world by surpassing the German auto giant Volkswagen. This record valuation also pushes Tesla’s chief Elon Musk to…
Researchers from Google have discovered multiple security vulnerabilities in Apple Inc’s Safari web browser. These vulnerabilities allow the tracking of users’ browsing behavior, reported the Financial Times. These coding flaws were found in a tool specifically designed to protect privacy and could have allowed third parties to obtain sensitive information about browsing habits of users,…
Coca-Cola will continue to use single-use plastic bottles since there is still demand for the same form customers, said the company’s head of sustainability, Bea Perez, in an interview to the BBC. Perez said that single use plastic bottles can be resealed and are light in weight and this makes customers still demand them. The…
It has been more than a decade that the practice of storing personal health information by medical professionals in electronic form has become prevalent. However, it becomes quite a tedious process for patients to gather such computer and paper records from doctors’ chambers, hospitals and medical labs,. All that could change for the good as…
In a significant milestone for Tesla Inc, the company has become the first U.S. publicly listed carmaker to be valued at $100 billion. The development also underscores Wall Street’s confidence in an all-electric future. Tesla shares were last up by 1.4% at $555 after the bell, building on a 7.2% gain during trading when brokerage…
In a statement, Cruise, General Motors’ self-driving car unit said, it has unveiled an electric vehicle without any steering wheel or pedals for use in its planned autonomous ride-sharing service. Cruise did not disclose when the car will go into production. The vehicle, named “Cruise Origin”, was developed with Honda Motor Co Ltd following the…
Midst growing debate over the future of money, major central banks across the globe are looking at a possibility of issuing their own digital currencies, said the European Central Bank and the Bank of England. “The central banks of Britain, the euro zone, Japan, Sweden and Switzerland will share experiences in a new group headed…
In a statement, Facebook’s Libra Association said, Britain’s Vodafone Group PLC has left its global digital currency initiative. In recent months, Facebook’s digital currency has seen an exodus of its backers midst increased regulatory scrutiny, including financial companies such as Mastercard Inc and Paypal Holdings Inc. In June 2019, Facebook had announced a plan to…
The social media company Facebook is set to add 1000 more employees to its already more than 3000 strong workforce in the United Kingdom by the end of the current year, the company has said. An announcement to this effect is slated to be made soon by the social media giant’s chief operating officer, Sheryl…
Growing concerns of the countrywide spreading of the new coronavirus in China has resulted in a sharp increase in the stock price of Chinese drug makers. Rise of more than the 10 per cent daily limited was recorded by a number of Chinese pharmaceutical giants on the Shanghai and Shenzhen stock exchanges. This sudden change…
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