The concept for its self-driving electric crossover SUV was recently launched by BMW and according to experts, if the final product is what the auto maker gas displayed, it would be something unique in the world of electric cars. But for not, BMW has only unveiled its Vision iNext as a concept vehicle. However, according…
Upto 400 employees of the British Steel will lose their jobs with respect to its worldwide operations, the company has announced. This is a part of the strategy of the company to streamline itself and job profiles, the company has said. There are about 5000 people employed with the company globally. The company has further…
In a warning to investors, China’s central bank – Shanghai Head Office – has warned investors not to invest blindly in virtual currencies and ICOs. On Tuesday, in a disclosure aimed at increasing risk awareness among investors, China’s central bank Shanghai Head Office warned investors that initial coin offerings (ICOs) and virtual currency investment carry…
Huawei’s chief executive has pledged that the company will come up with a smartphone with a fold-out screen in just about a year. CEO of the firm Richard Yu said this during an interview with a German newspaper Die Welt. He said that Huawei is “already working on it”. It has been quite a few years…
The latest update of its product line is more in the nature of a transitional update rather than transformational one. In an attempt aimed at getting more consumers to upgrade to its latest and more expensive products, Apple has unveiled its biggest iPhone to day; it has also launch a watch that detects heart problems.…
The right for individuals “to be forgotten” online that is now applicable as a rule in the European Union has the possibility of being implemented globally. A ruling on this is being expected in 2019 from the European Court of Justice which is currently hearing evidence on the case. But according to arguments put forward…
More lives are taken away by smoking cigarettes in the United States than the combined number of deaths because of alcohol consumption, car accidents, HIV, guns and illegal drugs combined claims the American Cancer Society. But is smoking electronic cigarettes or e-cigarettes equally catastrophic? The US market has been flooded with e-cigarettes which are also…
Disposing off unsold products by burning them down is a practice in the luxury companies that is practiced widely but rarely discussed. The aim of such a drastic tactic is to uphold the scarcity of their goods and increase the brand exclusivity. Luxury companies also claim tax credits for burning off their inventory in countrie3s…
The increase in the number of ultra-rich people in Asia has forced New York from its leading position as the city that has the largest number of ultra-rich people. A new report states that New York was over taken by Hong Kong to become the city that is home to highest number of people who…
After a series of violent protests in Germany, the employees of Siemens are being urged to speak up by the company. In a letter sent to its 4300 employees in the Saxony state of Germany, the global engineering company urged its employees to fight the xenophobia prevailing there at the moment and thereby uphold the…
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