On Tuesday, a report from Japan’s Nikkei Asian Review stated, Apple Inc’s plan to boost the production of the iPhone by 10% during the first half of this year is likely to hit headwinds with the coronavirus spreading further in China. The Nikkei reported citing sources familiar with the company’s plans as saying, Apple had…
British Prime Minister Boris Johnson is scheduled to meet senior ministers on Tuesday to decide on whether the UK will allow China’s Huawei to participate in building the country’s critical 5G mobile infrastructure. The United States views Huawei as a company of particular concern and it sees Huawei’s participation in building a critical infrastructure as…
According to two sources familiar with the matter at hand, U.S. state attorneys general are scheduled to meet Justice Department attorneys later this week to share information on their investigations into Alphabet Inc’s Google. Their probe revolve around Google’s monopolistic behavior that could harm consumers through its control of search traffic and online advertising markets.…
In a respite from the crisis surrounding the Boeing 737 MAX, the airplane maker has successfully tested the first flight test of the 777x – the world’s largest twin-engined jetliner. The 777X, a larger version of the 777 mini-jumbo jet, touched down at the historic Boeing Field outside Seattle at 2 pm (2200 GMT) on…
One year back, while speaking at a conference hosted by the Massachusetts Medical Society, Bill Gates had “predicted” that a super-virus pandemic breaking out in China could potentially kill 33 million people around the globe in a span of just 6 months. Gates had warned that the world was at risk from super-pathogens spreading quickly…
The launching of an initial antitrust investigation into the proposed acquisition of food delivery firm Just Eat by rival firm Takeaway.com’s in a deal worth £6.2 billion or $8.1 billion has put a temporary halt to the merger. A review into the merger of the two companies had s been initiated by the Competition and…
Chipmaker Broadcom Inc stated, it has entered into two multi-year agreements with Apple Inc for supplying wireless components used in its products. The agreements, “2020 SOWs”, are in addition to existing ones for supplying radio frequency components and modules to Apple. Together the agreements are likely to generate around $15 billion in revenues for Broadcom.…
The Trump administration is set to unveil, on Friday, its efforts to crack down on pirated and counterfeit goods that are sold on major e-commerce sites. Chad Wolf, the acting Department of Homeland Security Secretary along with White House adviser Peter Navarro, will be among the officials to discuss the effort at the National Intellectual…
Contributions that it has had to make towards its employee pension plans and retirement benefits will force United States based car maker Ford Motor to potentially take a pretax hit of about $2.2 billion for the fourth-quarter, the company has said. The total amount that it would have to forgo for the fourth quarter includes…
Following a dramatic rise in its share price that pushed the market value of the United States based electric car maker Tesla past the $100bn mark, the company became the second most valued car maker of the world by surpassing the German auto giant Volkswagen. This record valuation also pushes Tesla’s chief Elon Musk to…
business-gurus.com 