In a statement Facebook’s Instagram said, it will launch advertising on its Shop feature globally, in an aim to earn money from brands. Instagram Shop is a tab on the photo and video sharing app that lets users browse items such as clothes and beauty products and even purchase the items directly from within the…
On Monday, in a statement Taiwan Semiconductor Manufacturing Co Ltd (TSMC) stated, it will prioritize production of auto chips if it is able to further boost production, said Taiwan’s Economics Ministry after Minister Wang Mei-hua spoke to senior company executives. On Sunday, TSMC had told the ministry that they will “optimise” the production process of…
According to sources familiar with the matter at hand, Apple Inc is moving ahead with plans on self-driving car technology and is targeting to produce a passenger vehicle by 2024. The self driving passenger vehicle could feature its breakthrough battery technology, said sources familiar with the matter at hand. Apple’s automotive efforts, known as Project…
On Tuesday, Qualcomm Inc, the world’s biggest supplier of mobile phone chips, introduced a new set of semiconductors designed to connect mobile phones to 5G networks that operate differently around the world. In a statement, the San Diego, California-based company said, its X60 modem chip, along with a new antenna chip, will be the first…
On Thursday, BMW’s spokesman stated, the carmaker will ramp up its capacities for producing drivetrain components for electric cars at its key Dingolfing plant. Dingolfing is located at around 50 miles (85 kilometers) northeast of Munich and is the group’s largest vehicle production site in Europe; it produces components for most of its electric cars.…
On Tuesday, a report from Japan’s Nikkei Asian Review stated, Apple Inc’s plan to boost the production of the iPhone by 10% during the first half of this year is likely to hit headwinds with the coronavirus spreading further in China. The Nikkei reported citing sources familiar with the company’s plans as saying, Apple had…
T-Mobile’s $26 billion acquisition of Sprint has already gained approval from a national security panel headed by the Treasury Department. An antitrust review by the Justice Department and the FCC remain its only hurdles. In a communication to the U.S. Federal Communications Commission, T-Mobile US Inc has disclosed that if it gets the go-ahead to…
For Intel, Israel is an important country given that it develops some of its key technologies . In a significant development, Israel’s Finance Committee has informed the country’s parliament that it has approved a grant of $185 million (700 million shekel) to Intel Corp in return for a planned $5 billion expansion of its production…
The $159 million deal sees the Alibaba Group Holding Ltd upping its 49% stake to 51 and thus gaining direct control over its board. On Monday, Alibaba Group Holding Ltd stated, it will be increasing its stake in Hong Kong-listed Alibaba Pictures to 51%, up from its current 49%, and thus essentially take control of…
U.S. users can link various non-Wealthfront accounts, including bank accounts, brokerage accounts and information on the value of their homes, to the platform. Wealthfront, one of the largest digital wealth management startups, is set to offer its automated financial planning tool, known as “robo-advisers,” for free by the end of 2018, as part of its…
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