With the explosion of interest in self-driving technology, carmakers are scrambling to corner market share. As per a senior executive from the company, Ford Motor Co is considering to deploy self-driving vehicle technology in larger commercial vehicles and is working with multiple partners to deploy this strategy on autonomous vehicles on the road. “We’ve been…
Faced with increased competition from its peers, BroadSoft has been under pressure from shareholders who are behaving like activists. According to sources familiar with the matter at hand, BroadSoft Inc, a U.S. software provider which helps companies with cloud-based communications services, is exploring its options, which includes its potential sale. The moves comes midst BroadSoft…
A project that is claimed to be the “first on-street charging pilot of its size in the world”, a program to install around 100 electric vehicle charging stations in Oxford is underway. With the plan to roll out the charging stations on residential streets in order to “help people go electric”, Oxford City Council said…
In a bid to challenge the likes of Apple and Fitbit in the health space, two new fitness-focused smartwatches and a pair of wireless earbuds equipped with its voice assistant Bixby hahs been launched by Samsung. The three products launched are the Samsung Gear Sport smartwatch, the Gear Fit 2 Pro fitness band and the IconX 2018 wireless Bluetooth…
Fujifilm seeks to expand its base beyond its traditional photography business. Fujifilm Holdings Corp has disclosed, it aims to spend $4.54 billion (500 billion yen) in strategic acquisitions over the next three years, as it strives to seek growth outside of its photographic film business. The development is strategic since its photographic film business is…
Worries of fresh tension between Washington and Pyongyang were raised after North Korea fired a missile over northern Japan which resulted in world stocks tumbling and safe-haven assets soaring on Tuesday. A rally in the euro to above a key level chipped in to put regional stocks on track at one point for their biggest…
The coming of age of door-to-door pizza delivery through autonomous self-driving vehicles. Domino’s Pizza and Ford Motor Co have disclosed that their colloboration in delivering pizzas through self-driving car technology is set to be tested in Michigan in September to test consumers’ reactions. Incidentally this is not the first time that companies have toyed with…
Priced at $299.95, the Ionic smartwatch has a host of features with its major selling points being battery charge of at least 4 days, 50 metres water resistant, sleep tracking and GPS. In a strategic step Fitbit Inc launched its newest device, the Ionic smartwatch which not only has fitness tracking but also contactless payment,…
In order to fund the development of technology that connects human brains with computers, Neuralink Corp., the startup co-founded by billionaire Elon Musk, has taken steps to sell as much as $100 million in stock. According to a filing with the U.S. Securities and Exchange Commission, the San Francisco-based company has already gotten $27 million in…
Given the sensitive nature of the technologies involved at both companies, bankers expect intense antitrust scrutiny by U.S authorities. According to sources familiar with the matter at hand, New York-based private equity firm Veritas Capital is exploring the divestiture of two of its high-tech portfolio companies which have a combined worth of around $3 billion.…
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