On Friday, in a statement Apple Inc said, it will launch its first online store in India on September 23; the date of the launch assumes significance and is strategic since it coincides with India’s festive season which routinely rakes in some of the biggest sales for retailers every year. Currently, Apple sells its products…
On Friday in a statement, the Commercial Aircraft Corp of China Ltd (COMAC) stated, the sixth prototype of its home-built C919 narrowbody passenger plane has completed its first test flight. The prototype of the C919 is the last test plane COMAC had planned for the program; it was scheduled to fly before the end of…
Toyota aims to sell more EVs than gasoline powered vehicles by 2025. On Wednesday, the head of Toyota Motor’s Lexus brand stated, the carmaker plans on launching its first all-battery electric vehicle in 2020. The development comes midst a race among luxury car brand to bring battery-operated cars in the market as they compete to…
China aims to certify the plane as air worthy by the end of 2020 – a target analysts view as highly ambitious given that the flight time of the test planes. On Thursday, in a significant development, China flew the fourth prototype of its home-built C919 narrowbody passenger plane which completed its first test flight.…
Ireland hosts the European headquarters of a number of U.S. technology firms. The country’s Data Protection Commissioner is investigating hacking attacks as well as how Facebook stores and manages personal information of its massive user database. In what could potentially be a major development, Ireland’s Data Protection Commissioner stated, it expects to conclude the first…
Thailand is more sensitive about the price of setting up its 5G networks than its national security. On Friday, despite calls from the United States to to its allies to bar China’s Huawei Technologies from building next generation mobile networks, Thailand launched a test bed for the Chinese telecom giant. Huawei is facing growing pressure…
The move is clearly aimed at boosting shareholder returns. On Friday, Sony Corp announced its first-ever major share buyback worth $910 million (100 billion yen). With the news reaching the market, its stock recovered from a hammering from investors who were spooked over its lackluster earnings. Sony’s announcement marked Japan’s second major buyback this week:…
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