According to two sources, the U.S. government is likely to fine tune and expand laws that govern sale of U.S. technology and technological products to foreign companies, midst efforts to further tighten the blacklisting of China Huawei. In May 2019, the U.S. Commerce Department had placed Huawei Technologies on an Entity List citing national security…
According to a report from Korean news site ETNews, quoting sources in the smartphone industry, in 2020, the major focus of innovation at Apple Inc will be to bring in variations in the screen sizes of its iPhones with both larger and smaller screen sizes of the models currently available. a new iPhone with the…
The alliance between the French car maker Renault and the Japanese auto companies Nissan and Mitsubishi is being attempted to be revived to its former glory by the companies with the appointment of a general secretary to take exclusive care of the partnership – the largest in terms of production capacity in the global auto…
Renault, Nissan and Mitsubishi plan on appointing a general secretary at the helm of their alliance in order to reboot the partnership and boost operations. Renault is in the process of repairing its relationship with its Japanese partners following allegations of financial misconduct its earlier chairman. “This alliance executive will be key for coordinating and…
In less than a week after its launch, orders for Tesla Inc’s new electric pickup Cybertruck have are close to breaking the record set by the Model 3 sedan in 2016. Elon Musk, Tesla’s CEO has signaled that 250,000 customers have lined up to buy the Cybertruck. In an apparent reference to the number of…
Apollo Global Management, a private equity firm, stated it has raised its bid to take Tech Data, a U.S. information technology equipment distributor, private in a deal valued at around $6 billion. Excluding debt, the deal is valued at nearly $5.14 billion, up from a previous offer of $4.77 billion. Following Apollo Global Management’s new…
On Thursday, Japan’s Panasonic Corp stated it will sell its loss-making chip business to Taiwan’s Nuvoton Technology, reported Nikkei Asian Review. According to the report, Panasonic is also slated to divest three Japanese chipmaking facilities of TowerJazz Panasonic Semiconductor – a joint venture with Israel’s Tower Semiconductor. The development comes midst the U.S.-China trade war which…
The fact that the global auto industry is going through a rough patch was once again evident after the German premium car brand Audi said that it would cutting down 7,500 jobs. The company further said that by 2025, it would cull a total of 9,500 jobs which is about 10 per cent of its…
Researchers and scientists have come closer to replicate and recreate one of the most efficient production process of nature – that producing hydrogen gas. This has been achieved by researchers at the University of Illinois (UI) and the University of California and the outcome of the study was posted online in the form of a…
In a significant development, the United States has unveiled a procedure which is aimed at protecting its telecommunications networks as well as their supply chains, from national security threats. In May 2019, U.S. President Donald Trump had issued an executive order declaring a national emergency which bars U.S. companies from using telecommunications equipment made by…
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