With a funding round, led by SoftBank group, seeing WeWork’s valuation touch $17 billion, the tech startup was 2017’s hottest startups. As per three sources familiar with the matter at hand, WeWork Co, an American firm that provides shared technology startup subculture communities, workspaces, and services for large enterprises, freelancers, entrepreneurs, startups and small businesses,…
According to sources Dropbox Inc’s IPO, set to close on Wednesdsday, has been oversubscribed. As per two sources familiar with the matter at hand, Dropbox Inc’s initial public offering (IPO) has been oversubscribed, indicating a healthy demand for big tech IPOs. Dropbox’s shares expected to start trading on the Nasdaq on Friday. “It is early…
In the long term, the development is likely to effects Apple’s suppliers including, Samsung Electronics Co, LG Display Co, Japan Display Inc, Sharp Corp and Synaptics Inc. As per a Bloomberg report, Apple Inc is said to be developing its own MicroLED device displays and has already produced a small numbers of these MicroLED screens…
Toyota Motors, an investor in, is reportedly in discussions with Uber Technologies to quicken the pace of bringing autonomous automated driving to the mass market. On Friday, Japan’s Nikkei reported, without citing any sources, that Uber Technologies is in the process of negotiating the installation of its self-driving system in Toyota Motor Co’s minivan vehicles.…
California-based Lumentum Holdings Inc is the parts supplier to Apple Face ID technology. Lumentum Holdings Inc, a laser and optical fiber specialist which analysts see as a supplier of parts supplier to Apple for it’s Face ID technology, is to acquire optical components producer Oclaro Inc for around $1.7 billion in a cash and stock…
Although Chinese military drones look suspiciously similar to U.S. and Israeli ones, drone makers are confident that customers will continue to prefer a reliable strike platform rather than a cheap unreliable ones. A predicted rise in demand for military drones from regions in Asia, the military drone market is gradually leaning towards Chinese drone makers…
While legacy train designs have proven themselves in the past, smarter, newer LNG terminals are likely to change the market dynamics and bring in more elasticity and adaptability to contracts in changing market conditions in the near future. Terminals for liquefied natural gas that ship and receive the fuel are undergoing a technological revolution. The…
Dublin’s tech-enabled talent pool, tax incentives, and international outlook are a major draw for global firms. On Monday, Stripe, a U.S. payments firm, disclosed it would place its first engineering center in Dublin. The placement marks its first center outside its home market and underscores its strategy of wanting to tap Ireland’s growing tech-enabled workforce.…
Here is how this France-based house of haute couture aims to make, a subtle and yet distinct statement, in tomorrow’s launch of the Paris’ Spring/Summer Haute Couture Week. French haute couturier Julien Fournie is one of those new age designers who effortlessly bridge the ancient art form of hand-stitched silk gowns with modern cutting-edge 3D…
In total Mobileye’s autonomous driving tech will be deployed in more than 2 million vehicles. Brian Krzanich, Intel’s CEO stated 2 million vehicles comprising those from the stable of Volkswagen AG, BMW and Nissan Motor Co Ltd, would be using Mobileye’s autonomous vehicle technology to crowd source data for building maps that enable autonomous driving.…
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