In a significant development, according to three sources familiar with the matter at hand, Xiaomi Corp plans on entering the electric vehicles (EVs) segment using Great Wall Motor Co Ltd’s factory, making it the latest tech firm to join the smart mobility race. Xiaomi, one of China’s biggest smartphone makers, is in talks to use…
On Monday, in a statement Amazon.com Inc said it is soon announce the creation of a new business line which will sell the technology behind its cashier-less convenience stores to other retailers. Amazon.com has already signed “several” deals with customers, whom it would not name, towards this end. It will launch a new website on…
According to five sources familiar with Indonesia’s move, Jakarta plans on imposing fixed fees on select e-wallet transactions. The move could potential choke key revenue streams and raise costs for payment startups. Providers of e-wallet services in Indonesia, Southeast Asia’s largest economy, currently customize fees for vendors: while they charge a premium from big retailers…
The adoption of electric vehicles and plug-in hybrids in the U.S. is likely to be a win-win scenario for carmakers and utilities if the latter were to expand their range of services and increase their revenue streams. As per the results of a study released on Tuesday, an increase in demand for electric vehicles in…
As per a source Nvidia has outbid Intel Corp for Mellanox. The deal assumes strategic importance since it will reduce Nvidia’s dependency on the gaming industry for its revenues. As per a source familiar with the matter at hand, Nvidia Corp is close to acquiring Mellanox Technologies Ltd for more than $7 billion. The potential…
Along with the launch of its Kunpeng 920 chipset, Huawei has launched servers which will house the Kunpeng 920 chip. Incidentally, Huawei has a long term partnership with Intel. On Monday, in a significant development, China’s Huawei Technologies Co Ltd launched new server chips that is aimed at reducing its imports and reliance on U.S.…
Although Intel has forecast higher revenues for its fourth quarter, it has conceded that in the long term trade tensions with China could act as headwinds. On the back of strong demands for Intel chips for personal computers and high margins from its data center business, Intel Corp announced its quarterly revenues which beat analysts’…
Details of the deal, which is huge given that traditional carmakers have so far been hesitant to hand over the data from their infotainment systems to rivals given the potential streams that can be generated from there, have not been made public. On Tuesday, in what is likely to be a huge boost to Google’s…
Its sensor packed platform helps not only consumers but retailers as well. Although technology is continuously reinventing your shopping experience, Intel wants to lend it a helping hand and speed things up. Intel is launching a Responsive Retail Platform which essentially standardizes your in-store shopping experience with a common set of sensors, components and a software…
business-gurus.com 