A report published by news agency Reuters citing documents available with it, the United States electric car maker Tesla is selling over seas a “great majority” of the solar cells that it is manufacturing at its factory in New York rather than those being used majorly in the company’s trademark “Solar Roof” as had been…
Apple Inc had already warned its investors about the slowing down of demand for its iPhones while some of the companies in its iPhone supply chain also reported bad sale and reduced demands of iPhone parts. In the latest reports filed by two of the largest companies in the supply chain of Apple’s iPhones –…
WhatsApp has a serious security vulnerability which allows a hacker to install a malicious program on your device and gain access to your personal data. Ireland’s Data Protection Commissioner (DPC) disclosed, that Facebook’s WhatsApp has informed it of a serious security vulnerability on its platform. “The DPC understands that the vulnerability may have enabled a…
Microsoft aims to hire more than 100 local engineers in order to customize its applications for the African market and create new ones that are customized for the continent. In a significant development, Microsoft Corp stated, it will be investing $100 million in Africa in the next five years, so as to open an Africa…
Amazon is embracing this new model based on the feedback from earlier trials which showed that adding Counter to a store’s retail offer helped to increase customer footfall. In a strategic move, Amazon has entered into a collaboration with British clothing chain Next in order to tap its network of stores from which Amazon’s UK…
China’s Huawei Technology is willing to sign a “no-spy agreement” with the British government so that UK authorities and politicians can be assured of the company that its technology would not be allowed to be used for surveillance, said the company chairman. Huawei had no intention of conducting surveillance on western consumers and that reports…
Human rights groups could have been the target the latest cyber breach according to WhatsApp. The messaging company said that it had found signs for the same as the malicious app originated from a government which was used for surveillance with the help of technology developed by a private company. Help for an investigation has…
SoftBank Group Corp’s Vision Fund valued UK-based Greensill Capital at $3.5 billion. Greensill Capital, a UK-based financing group, has confirmed that SoftBank Group Corp’s Vision Fund has invested $800 million in it. Greensill, which provides supply chain funding to companies, said it plans to use the funding in part to accelerate its expansion into Brazil…
Although Foxconn’s chairman Terry Gou plans on retiring in order to run for elections, the company’s filing with Taiwan’s stock exchange shows his name in the proposed candidates for the company’s new board.
The upswing in Bitcoin prices comes at a time of ongoing blockchain and cryptocurrency conference in New York, which is attended by influential market players and big investors. Late on Monday, the price of bitcoin surged to more than $8,000 – its highest level since July 2017. The crypto currency’s rally is gaining further momentum.…
