Apple registers double digit growth in the world’s third biggest smartphone market

The company is eyeing more tax incentives as it positions itself for deepening its market penetration in India. When Apple’s CEO Tim Cook met Indian Prime Minister, Narendra Modi, at a business summit in Washington he took the opportunity to highlighted the economic impact Apple has had on the Indian economy as he tries to…

Apple increases exposure to business with Cisco tie up

Cupertino is increasingly relying on businesses to be its revenue generating engine. The company has tied up with IBM SAP to encourage developers to write business apps for its ecosystem. On Monday, Tim Cook, Apple Chief Executive disclosed that the company is working with Cisco Systems Inc to help businesses that primarily use gear from…

Alphabet partners with Avis to manage its growing vehicles of self-driving cars

It turns out, in the age of self-driven cars, car rental companies do have a future, albeit with a change in their business model. The self-driving car unit of Alphabet Inc, Waymo, has disclosed that it has signed a multi-year agreement with the Avis Budget Group Inc, a car rental company, for managing its growing…

Raytheon’s cyber security unit could come out with an IPO

With cyber security increasingly gaining prominence in the wake of growing threats from Chinese and Russian hackers, a separate listing for Forcepoint has potential. In an interview published on Sunday, German business daily Boersenzeitung reported, Raytheon could potentially come out with an IPO for its cyber security unit. “Raytheon has undertaken that Forcepoint will achieve…

Silicon Valley giants chip in to minimize the availability of extremist content online

The efforts of Facebook, Google and Twitter in removing violent jihadist content from online repositories which had acted as breeding ground, have yielded significant results. In efforts aimed at containing the growing threats of extremism in the UK, Facebook has launched a program in the country through which it will train and fund local organisations…

Israeli-based Elbit Systems finds innovation key to growing market share in crowded drone market

It has cited its weaponized drone, SkyStriker designed for long flight hours, unveiled in the recent Paris airshow to rave reviews, as an example of its innovation. So as to maintain its leading edge over its peers, Israeli defense electronics company Elbit Systems Ltd is moving swiftly to innovate as it faces increasing competition from…