While carmakers and startups are racing to produce tomorrow’s smart car, it would appear that Apple is aiming at building a self-driving platform that manufacturers can license to integrate into their electric cars. As per information inferred from documents submitted to California’s regulators earlier this month, Apple is planning to train operators for its self-driving…
The head of the biggest U.S. business lobby group said that by the middle of next year, a basic accord over reworking the North American Free Trade Agreement (NAFTA) would most likely be reached by the United States, Mexico and Canada. Pledging to ditch it if he could not rework terms in favor of the…
Dominic Schnider, head of Asia-Pacific foreign exchange at UBS said in a TV interview that with further weakness likely ahead the dollar’s recent downdraft hasn’t ended. Trading as high as 100.47 in Asia trade, the dollar index, which measures the greenback against a basket of currencies, was trading as high as 100.47 in Asia trade. While…
As part of a plan to stimulate an economy squeezed by low oil prices and spending cuts, Saudi Arabia Finance Minister, Mohammed Al-Jadaan said, that the country may offer “almost interest-free” loans to companies in labor-intensive industries. Al-Jadaan said in an interview on Thursday in Washington, where he’s attending International Monetary Fund and World Bank…
Elements attributed to Russia are trying to weaponise information through a campaign of disinformation and misinformation while trying to influence national policies through the globe. As per the results of a study conducted by researchers from Oxford University, French voters are increasingly being flooded with false stories on social media ahead of the country’s presidential…
Drivers will need a flying license to operate the vehicle in flight mode. Customers can expect deliveries starting from 2020. In what could be a significant breakthrough, a Slovakia-based company has unveiled a commercial design for a flying car with a price tag of more than $1 million, saying it was ready for pre-orders with…
A day when people can control almost any piece of software with their voice is what Amazon.com Inc’s chief technology officer is working toward. CTO Werner Vogels said in an interview that to enable developers so they can build chat features into their own apps, the company on Wednesday rolled out the technology powering Alexa,…
Bose, with an annual turnover of $3.5 billion, is once again facing a privacy violation issue. As per a complaint filed by Kyle Zak in a federal court in Chicago, Bose Corp has been charged with spying on its customers by using an app that tracks the music, podcasts and other audio they listen to.…
Unlike BlackRock, very few companies in the world have been able to build a successful index fund franchise like its iShares. The world’s biggest asset manager, BlackRock, has reported a double digit profit in its first quarter report of this year with investors ploughing in their money into its index funds. Despite the good news,…
A large number of companies across the globe are in the process of stripping down their data centers and taking advantage of emerging cloud technologies and it is such companies that have helped Amazon Web Services to win business worldwide. However, there is a very different reason for some companies to change from a server based…
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