Through this app, users can browse through products and buy them directly. The Verge has reported citing two sources familiar with the matter at hand as saying, Facebook Inc-owned Instagram is working to create a new standalone shopping app through which users can browse through goods and buy them directly. It is not clear when…
The wiring issue had led to a short circuit incident in Japan which produced smoke from the vehicle. On Wednesday, Toyota Motor Corp stated, it plans on recalling nearly 1.03 million vehicles from various markets including North America, Europe and Japan due to an issue with the engine wire harness which can pose a fire…
The southern Indian city of Hyderabad is set to be the global hub for manufacturing the wings of the F-16. On Tuesday, an executive from Lockheed Martin stated, it will build wings for its F-16 combat fighter jet with India’s Tata Advanced Systems Limited. Lockheed is bidding for $15 billion contract, to supply the Indian…
Some details of the secretive electric car program of Dyson has been revealed by the company itself. Plans doe another round of investments worth £116 million ($151 million) for the building of test tracks of 10 miles and offices for 2000 employees at a former Royal Air Force base in England has been announced by…
Technology news website 9to5Mac has confirmed that the photos it had put up of the gold colored iPhone X phones were not mockups but models resembling the current iPhone X. On September 12, Apple Inc is scheduled to host an event at the Steve Jobs Theater in its California, campus, where it is widely expected…
Although no date and price information is available for the acquisition, as per an industry executive in the augmented reality industry, the acquisition may have taken place in the first half of 2018. In a development that clearly shows Apple Inc’s plans for the augmented reality market, Cupertino has acquired Colorado-based Akonia Holographics – a…
Boeing won the contract by outbidding two other contractors. As per a statement by the Pentagon, Boeing Co has been awarded a $805 million contract for the design, delivery and support of 4 unmanned aircraft carriers-based drones that will be used to refuel aircraft for the U.S. Navy. In 2017, the U.S. Navy had published…
A routine maintenance led to the payment processing issues at Australia’s Central Bank. On Thursday, Australia’s central bank stated, an internal power failure caused by the maintenance of its fire control systems as the cause of its Sydney data center inability to process some payments. Although the outage lasted only 3 hours, according to representatives…
The statement sees China continue to maintain its refrain that it does not allow forced technology transfers in its domestic and foreign companies and that it will adopt stricter measures to the IPR regime. Will China now walk the talk? On Tuesday, in a statement that is clearly aimed at deflecting U.S. trade accusations on…
The deal marks a strategic shift in Uber’s approach to maintaining its lead in the ride services industry. In a bid to catch up on rivals in the hotly crowded automated autonomous driving industry, Toyota Motor Corp said it will invest $500 million in Uber Technologies Inc so as to jointly develop self-driving cars. Although…
