The annual tech summit organized by the leading chipmaker of the world – United States based Qualcomm saw the company unveiled two new 5G mobile platforms along with the first 5G-supported extended reality platform of the world. The flagship Snapdragon 865 and the mid-tier Snapdragon 765/765G – the two new 5G Snapdragon mobile platforms were…
By 2030, the majority, if not all, of its Cadillac cars and SUVs that the United States auto giant General Motors would be selling all over the world would be completely electrically powered, a company executive told the media. Based on market demand, the current models of internal combustion engines will be phased out by…
The drop in revenues and profits in the traditional licensing business of Oracle Corp was not offset by the growth in its cloud services business as the company report worse than expected and short of its estimates for the most recently ended quarter, the company said on Thursday. Additionally, the chairman of the company said…
The fast growth of the food delivery market in Asia is attracting reorganization of the market players and attracting foreign companies to set foot in the market. This was the reason that the Germany’s Delivery Hero decided to acquire the top food delivery app operator of South Korea – Woowa Brothers, in a deal worth…
Australia’s Qantas Airways chose to purchase aircraft from the European plane maker Airbus SE instead of its United States based rival plane maker Boeing Co for supplying of jets for the longest commercial flights of the world to be operated by the airline from Sydney to London. This is the latest hiccup to Boeing that…
On Friday, Telenor stated, it has selected Ericsson for creating its fifth-generation (5G) telecoms network in Norway. The development comes in the wake of intelligence reports from across the globe that China’s Huawei could potentially pose an espionage threat. Recently Norwegian security services had also warned against espionage threats arising from Huawei. “Ericsson will modernize…
On Friday, following a hard fought contest, Airbus has emerged as the leading supplier for jets for Qantas Airways Ltd, which will these jets for ultra-long haul commercial flights between Sydney to London. With Airbus being selected for supplying up to 12 A350-1000 planes fitted with extra fuel tank for flights of up to 21…
It would not be before year end that the United States Federal Aviation Administration (FAA) would be approving the grounded commercial jet – Boeing Co’s 737 MAX, for flight, confirmed the US regulator on Wednesday while also saying that it was investigating production issues involving the 737 MAX planes. A series of steps that the…
A firm in Hong Kong allegedly used malware to lure people into clicking on celebrities’ photos and bogus advertising links and this formed the basis of a case that was filed against the company by the US based social media giant Facebook. The company alleged in the filing that the Hong Kong firm has used…
On Thursday, Australia made it lucidly clear to technology giants Facebook Inc and Google Inc that will have to agree and comply to Australia’s new rules, designed to ensure that they do not abuse their market power and damage competition, failing which the government will impose new controls on them. In a statement, Australian Prime…
business-gurus.com 