In a statement China’s Sichuan Yahua Industrial Group Co Ltd stated, it has signed a deal to supply battery-grade lithium hydroxide to Tesla Inc for the next five years. According to a filing in the Shenzhen Stock Exchange, Yahua has placed the total value of the contract, signed by its wholly-owned subsidiary Yaan Lithium, at…
A federal judge has dismissed Apple Inc’s copyright infringement claims against a Florida startup which makes software to help security researchers find vulnerabilities in Apple products, including in its iPhone. U.S. District Judge Rodney Smith ruled in favor of Corellium LLC saying its software which emulates Apple’s iOS operating system that runs iPads and iPhones,…
SAP-owned Qualtrics International Inc, a seller of surveying software has filed for a U.S. initial public offering of up to $100 million. Tech stocks have largely outperformed the broader market this year. SAP had acquired Qualtrics two years ago for $8 billion. According to a regulatory filing the IPO will have two classes of common…
United States based electric car maker Tesla Inc will start operations in the Indian market next year, said the country’s transport minister Nitin Gadkariin an interview to the national daily the Indian Express on Monday. The minister told here the newspaper that the top electric vehicle manufacturer of the world will begin with sale of…
According to largest lender of Russia, Sberbank, up to 3.6 trillion roubles ($49 billion) has been lost by the Russian companies and citizens this year because of cyber attacks and hacking. With the aim of attempting to crack down on the shadow economy,, Russian government and authorities have been encouraging its citizens to reduce use…
Some countries of the world may have to depend on Chinese vaccines for Covid-19 to try and end the pandemic as the richer countries have been gobbling up supplies of Covid-19 vaccines. However the question is whether the Chinese vaccine will be effective to inoculate people? While there is no apparent reason to believe that…
A new games console powered by Intel chips that also has a built-in “chicken chamber” to keep snacks of gamers warm has been launched by the fast-food chain KFC. KFC said in a statement that the new games console called KFConsole is part of a partnership with hardware manufacturer Cooler Master. “The Bargain Bucket-shaped machine…
There has been unprecedented stocking up of laptop and desktop computers globally in 2020 because of the pandemic and related work from home and stay at home regulations ay a level that was not witnessed since the iPhone was launched in 2007. And according to hardware industry executives and analysts, it will still take months…
In a statement Air Canada Boeing Co said, a Boeing 737-8 Max suffered an engine issue en route between Arizona and Montreal, forcing the crew to divert the aircraft to Tucson, Arizona. Shortly after the take-off, the plane’s pilots received an “engine indication” and “decided to shut down one engine,” said a spokesman for Air…
On Friday, in a significant development, the Japanese government said it aims to eliminate gasoline-powered vehicles in the country in the next 15 years so as to reach net zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050. The “green growth strategy,” sees an increased adoption of hydrogen in…
business-gurus.com 