As per a report from the Wall Street Journal, starting next year, Alphabet Inc’s Google will offer checking accounts to customers as it increases it footprint in finance. According to the report, the project, named Cache, will have accounts by Citigroup Inc and a credit union at Stanford University. “Our approach is going to be…
Blockchain technology is steadily gaining traction in the financial world. Australia’s top 3 banks aim to use blockchain to reduce the risk of fraud as well as digitize bank guarantees. On Thursday, in a significant development, the top 3 banks in Australia stated, they have agreed to partner with IBM and with the Scentre Group…
Toshiba’s NAND flash memory plant will resume full production from mid-July. On Friday, Toshiba Memory Corp, the world’s second-biggest NAND flash memory producer stated its plant in central Japan will resume full production by mid-July. Toshiba had partially suspended the plant on June 15, following a brief power outage in the region. The suspension also…
The partnership is aimed at slashing the cost and time of the development cycle and bring vehicles equipped with state of the art technologies to the market as soon as possible. On Wednesday, in a development that marks yet another alliance to bring down the cost of developing electric cars, BMW stated it will partner…
The southern Indian city of Hyderabad is set to be the global hub for manufacturing the wings of the F-16. On Tuesday, an executive from Lockheed Martin stated, it will build wings for its F-16 combat fighter jet with India’s Tata Advanced Systems Limited. Lockheed is bidding for $15 billion contract, to supply the Indian…
The development marks a signs of thaw in what has been earlier a strained relationship. With Dara Khosrowshahi at its helm, Uber’s rough edges are getting more polish. In a development that marks the possibility of thaw in what was earlier a strained relationship, Uber’s CEO Dara Khosrowshahi stated, Uber Technologies Inc is in talks…
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