In a report citing an internal video message, Bloomberg News reported Apple Inc as saying, it had informed its staff that a full return to U.S. offices will occur only after the end of this year. Apple is also encouraging staff to work remotely as a means to mitigate the COVID-19 risks, after the coronavirus…
In a momentous decision British Prime Minister Boris Johnson is set to ban China’s Huawei from Britain’s 5G network on Tuesday. The development comes at a time when the Chinese company is facing heightened scrutiny over allegations that it can hand over sensitive data to Chinese intelligence following Beijing’s enacting a National Intelligence Law which…
On Monday, in a significant development, authorities in Singapore stated, a blockchain-based payments network that could enable faster and cheaper international settlements has been developed and will soon be ready for a commercial rollout. During the final phase of the years-long ‘Project Ubin’, the Monetary Authority of Singapore teamed up with J.P. Morgan and state…
Volkswagen plans on replacing the head of its software development, reported German newspaper Handelsblatt. The development comes at a time when the German automaker is wrestling with the transition to electric vehicles. According to the report, Christian Senger, a former BMW manager who runs the recently founded Car.Software.Org unit, will be replaced. The development follows…
Qualcomm Inc has decided to purchase a 0.15% stake in India’s Reliance Industries’ digital unit Jio Platforms for $97.1 million (7.3 billion rupees). The development will help Jio Infocomm, Reliance’s telecoms venture, to “roll out advanced 5G infrastructure and services for Indian customers”, said Reliance in a statement. The development comes at a time when…
In order to mitigate risks related to the coronavirus pandemic negatively impacting sales momentum in the automobile industry, Tesla Inc plans on cutting the price of its Model Y, a sport utility vehicle, by $3,000. The development comes just after four months following its launch, making it a fantastic deal for consumers looking to buy…
In a significant development, the British government is likely to set a deadline for removing Huawei’s 5G related telecommunication equipment from Britain’s telecom network by 2025. Britain’s cultural minister Oliver Dowden is scheduled to make a statement in Parliament on Tuesday on this move; British ministers are pushing to remove Huawei’s telecom equipment from the…
According to three sources familiar with the matter at hand, Facebook Inc is weighing options which include imposing a ban on political ads on its social network in the days leading up to the November 3 U.S. Presidential elections in the United States, reads a report from Bloomberg News. Facebook’s spokesman declined to comment on…
With the aim of reducing its dependence on the saturated smartphone market of the world, Japan Display is no aiming to expanding of its automotive display business. The urgency of the need for the strategy of the Japanese firm can be gauged from the fact that about 60 per cent of its revenues are generated…
Even with a growing number of Covid-19 cases in the state, Walt Disney World will be reopening in Orlando, Florida. The Covid-19, the respiratory disease caused by the novel coronavirus, pandemic has hit Disney very hard. Theme parks of the company across the world have been forced to shut down, operate its sports channel ESPN…
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