According to the chief executive of German car manufacturer Volkswagen (VW), the there could be need for the car maker to further augment its strategies for mass production of electric vehicles so that it would be able to address the tougher-than-expected European targets of reduction of greenhouse emissions emitting from cars in the block. This…
Japanese car maker Nissan complained on Monday that it had not been allowed to put in a complete explanation of why it fired Carlos Ghosn in late November to the board of the French car maker Renault which led bare the differences and tension in the largest auto alliance of the world – which includes…
Huawei is facing strong headwinds from perceived national security threats from nations around the world due to its close proximity to China’s ruling Communist Party. Nations around the world have concerns that these close ties could enable China to easily snoop around and gather intelligence using Huawei and ZTE hardware and/or software. In a significant…
The merger has promise since it could create a Franco-German rail company that will be in a better position to compete with China. According to sources familiar with the matter at hand, Alstom and Siemens have offered to divest one of their high-speed train technology in order to address EU antitrust concerns about their merger…
Huawei equipment has a price advantage: sourcing from non-Chinese sources is likely to drive up costs. Security comes at a price. In a significant development, China’s Huawei is facing fresh headwinds in Europe following an announcement by Deutsche Telekom that it would review its vendor strategy; Orange has also stated it would not use its…
According to the U.S. National Security Agency, Chinese cyber activity in the United States has risen in recent months with the bulk of these attacks aimed at disrupting critical infrastructure. The Wall Street Journal has reported, Chinese hackers have been able to breach and steal a slew of documents,including missile plans, from U.S. Navy contractors…
Talks about the possibility of multibillion dollars fines being imposed on Facebook surfaced in Europe after a European regulator said on Friday that an investigation into why the largest social media company of the world was repeatedly failing to protect user privacy is being launched by it. After receiving multiple reports of data breaches impacting…
New challenges have cropped up for Chinese tech giant Huawei in Europe following an announcement by Germany’s Deutsche Telekom about its decision to review its vendor strategy. Additionally, Orange has also said that equipment from the Chinese company would not be used by it for its project of setting up the 5G network in France.…
U.S. chipmaker Qualcomm had disclosed, a Chinese court had ordered a ban on the sales of selected older iPhone models for violating two of its patents. With Apple Inc facing a court ban in China over some of its iPhone models over alleged intellectual property infringements of Qualcomm Inc patents, Cupertino said on Friday, it…
GE will however retain a 10% equity stake in ServiceMax, a business that it acquired in 2016 for $915 million. General Electric Co stated, its digital unit will be selling its majority stake in cloud-based service provider ServiceMax. GE will sell its stake to private equity firm Silver Lake. However, GE will retain a 10%…
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