Apple Inc had already warned its investors about the slowing down of demand for its iPhones while some of the companies in its iPhone supply chain also reported bad sale and reduced demands of iPhone parts. In the latest reports filed by two of the largest companies in the supply chain of Apple’s iPhones –…
China’s Huawei Technology is willing to sign a “no-spy agreement” with the British government so that UK authorities and politicians can be assured of the company that its technology would not be allowed to be used for surveillance, said the company chairman. Huawei had no intention of conducting surveillance on western consumers and that reports…
Human rights groups could have been the target the latest cyber breach according to WhatsApp. The messaging company said that it had found signs for the same as the malicious app originated from a government which was used for surveillance with the help of technology developed by a private company. Help for an investigation has…
A preliminary investigation into the alleged illegally filed that had been put together on behalf of the US pesticides manufacturer Monsanto related to the views and pliability of high-profile figures and media outlets numbering into hundreds. Te investigation has been initiated by French authorities according to reports. That Paris prosecutors office said that a complaint…
Uber’s public flat – the most anticipated tech stock IPO in the US since the Facebook IPO, failed to perform according expectations on Friday. According to data from Dealogic, Uber’s IPO performed fifth worst in 24 years according to at least one measure – the weakest one-day return by a company that had a value…
A new mobile app will be launched by sports apparel manufacturing company Nike which is powered by a new augmented reality tool which can be used by users to actually measure the size of their feet and accordingly suggest the sneakers that would be the best fit. And while many would try and say that…
Ford is reconceptualizing its vehicle line up as well as the future business strategy, say officials of the US car making company while announcing that it is set to unveil later this year its first long-range electric vehicle. In its more than 100 year history, Ford is undergoing the most dramatic transformation as the company…
In an interview to the television news channel CNBC from Berkshire Hathaway’s annual shareholder meeting over the weekend, Apple’s CEO Tim Cook has said that on the average, the company acquires one company at a difference of every two to three weeks. A total of about 20 to 25 companies had been purchased by Apple…
There is increased competition from those websites which are used for purchasing products and those which are perceived to be free of potentially offensive content and this is affected the largest U.S. digital advertising platform – Alphabet Inc’s Google, according to information available from advertising buyers. Earlier this week, its slowest quarterly revenue growth in…
Having found guilty of charging doggy fees from their customers for years, the big banks of Australia are now preparing to amass huge sums of money worth billions of dollars for repaying the cheated customers. The Australian banks were once considered to be amongst the most profitable in the world. The latest Australian bank to…
