The prediction of analysts at GBH Insights for Netflix’s share price is $500. This online streaming giant, is taking on all comers in its race toward the top spot in the entertainment industry’s Big Boys Club Bumping up from 400 U.S. dollars previously, surpassing the 490 U.S. dollars that analysts at Goldman Sachs assigned last…
According to a latest report, Brexit trade barriers would reduce UK household income by up to £1,000 a year, reported the BBC. The cost to the UK economy could total £27bn because of the most negative scenario of high Import Tariffs And High Regulatory Barriers, Says Global Consultancy Firm Oliver Wyman. Supply chain disruption could…
A firm named Luminar, which is a little more than 7 years old and whose founder was barely legal to get a driver’s license while when founding the startup, finds itself at the centre of the growing self-driving car industry. Luminar offers acritical sensors for self-driving cars and the latest automaker to team up with…
A warning from the International Monetary Fund said that the world’s trade system would be undermined and the U.S. economy could be hurt by the trade policies of the Trump administration. A trade war would result in “losers on both sides” and can present a “serious” impact, said IMF Director Christine Lagarde. This caution was…
In the next two years, about 4600 jobs would be lost at engineering firm Rolls-Royce as a part of a large reorganization in the company. The burnt of the hit is to be borne by middle managers and back-office staff with the possibility of its Derby base getting hit hard. Civil aerospace, defence and power…
Facebook-owned data security app called Onavo Protect could be trouble because of the decision by the social media company to limit the ability of developers to access and use data of users from mobile phones. Onavo apparently provides a free virtual private network (VPN) to its users that the firm claims helps “keep you and…
Qualcomm is set to use NXP’s assets to diversify its business. According to a South China Monitoring Post report, China’s regulators have approved U.S. chipmaker Qualcomm Inc’s $44 billion merger deal with NXP Semiconductors. According to sources familiar with the matter at hand, the decision by China’s Ministry of Commerce clears a multi-months roadblock which…
According to Japanese financial daily the Nikkei, 80 million new model iPhones is expected to be shipped by Apple this year. that figure would be 20 per cent less than the shipments made by it at the same time last year. The report was based on industry sources. The newspaper reported the suppliers of the…
Saudi Aramco would be now allowed to list its shares at the London Stock Exchange after a new category was been approved for companies that traded on the LSE. There have been accusations against the LSE that it loosened corporate governance rules so that it can accommodate very large listing. The move put the “UK’s…
The first insulating molecule which is believed to be more effective than a vacuum barrier has been developed by a team of international researchers and scientists consisting of scientists from Denmark, China and America. The new discovery is believed to be bale to make transistors in a computer chip much smaller and yet more powerful.…
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