Samsung Electronics Co Ltd warned of an imminent end to the two-year boom in its business which was driven by an increase in demand of its memory chips, which resulted in the company reporting record profits for the third quarter. As if to adjust to its perception of lower profits in the near future, the…
Apple Inc. upgraded some of its products that had not had an update for years in a recent event held in New York. The iPhone maker introduced some of the features of its iconic iPhone such as including adding iPhone features like facial recognition to the iPad Pro and increasing the processing power and better…
The two envisages that by the end of the development and testing process, the vehicles which will reach level 4 technology for autonomous vehicles, will be capable of operating autonomously in certain conditions. On Wednesday, Ford Motor Co and Baidu Inc stated, they have launched a joint venture to test self-driving vehicles on Chinese roads.…
The funds from its latest funding round will be used to double its existing workforce. On Wednesday, British app-only bank Monzo disclosed that its backers now value it at $1.3 billion (1 billion pounds) thus giving it a unicorn status. The increase in valuation comes after Monzo raised 85 million pounds in its latest funding…
Known for his aggressive management style, Elon Musk is pushing hard to become the first internet-based service provider – a move that could make a huge splash in the U.S. and global broadband market. According to two employees of SpaceX with direct knowledge of the matter at hand, Elon Musk, SpaceX’s Chief Executive Officer, known…
The development marks a milestone in the testing of autonomous automated vehicles. In a significant development, California’s Department of Motor Vehicles stated, Alphabet Inc’s Waymo unit has been awarded a permit to test driverless vehicles without a backup driver in the front seat. Waymo is the first company to receive such a permit from California’s…
Analysts expect the newer iPad Pros, which will compete with Miscroft Surface, to have thinner bezels and thus more screen space along with facial recognition tech, much like the ones found in Apple’s latest iPhones. Apple Inc is largely expected to unveil its latest updates to its Mac computers and iPads which will include facial…
Although the new innovation center does not aim to replace Walmart’s internal research lab, it nevertheless aims to be the test bed for emerging technologies which when mature will filter down the company’s other stores nationwide. Sam’s Club, a unit of Walmart Inc, stated it will open a new store and innovation center in Dallas,…
Although Elon Musk, Tesla’s visionary CEO has claimed to be the “Nothing of Tesla”, the company’s investor page has him as the CEO. Elon Musk, Tesla’s visionary Chief Executive Officer took to Twitter on Monday, saying he has deleted his titles from the company, without giving further details. “Deleted my Tesla titles last week to…
The development comes midst allegations that Fujian Jinhua Integrated Circuit Co Ltd stole intellectual property from U.S. chip company Micron Technology Inc. In a strategic development, U.S. President Donald Trump’s administration has placed Chinese state-backed chipmaker Fujian Jinhua Integrated Circuit Co Ltd on a list of entities that cannot purchase components, software and technology goods…
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