Chinese companies are seeing the Great Wall of the United States in the form of CFIUS. With tightening regulatory scrutiny in the United States, Chinese companies are flocking to Israel to invest in its tech sector. In 2016, Chinese investment into Israel touched a $16.5 billion with Chinese companies parking their funds into Israel’s buzzing…
Although JPMorgan has left the consortium, it has cleverly distributed its bet in the blockchain technology. It has joined the Enterprise Ethereum Alliance and is an investor in blockchain startups Digital Asset Holdings and Axoni. It is also a participant in the Hyperledger Project, a cross-industry group led by the Linux Foundation. JPMorgan Chase &…
The results of a study done by PricewaterhouseCoopers is an eye opener. No wonder BlackRock’s Larry Fink is focused on emerging financial technologies. As per the results of a new study done by PricewaterhouseCoopers, large financial institutions across the world could lose 24% of their total revenues to advances made by financial technology companies in…
Elon Musk’s space startup is set to make history this Thursday. Elon Musk’s SpaceX is days away from creating history: the private company has once again conducted a static test fire of its first rocket that it landed on an ocean platform since on March 30, it will be the first time in the company’s history…
The startup will need a lot more funding before its drones can become reality. Did you ever wonder why some companies prefer to ship vide ships instead vide air? It most probably is because air freight continues to remain expensive. The additional cost of crew and fuel quickly adds up. As per Natilus, self-driving drones…
Unlike its regular bookstores, these new ones are likely to include electronic hardware and services too. Amazon’s plan of dominating the retail landscape could extend well beyond just books and groceries. The New York Times has reported citing sources familiar with the matter at hand, that the world’s biggest online retailer is “exploring” the possibility…
LeEco’s rapid expansion has cost it dearly. The company is downsizing in all of its key market, including, India, U.S. and China. Chinese company LeEco which wanted to be the next Apple in the tech world is set to tone down its dream with the company deciding to sell its 49 acres property where it…
All luxury electric car manufacturers appear to be gunning for Tesla’s customers. When the Lucid Air was launched in 2016, all of the hype surrounding its debut was overridden by one pertinent question: would you have to sell your kidney for it or would its pricing be close to Tesla’s Model S? Thankfully you can keep your…
You can not only create some cool sounds while jabbing your hands in the air, but also in the process you could lose some weight too. Those of you who are interested in motion sensor technology will be interested in knowing that Sony’s wild “Wow Factory” at SXSW will be using the company’s technology to…
Adidas appears to be looking for partners for its fitness products. Apart from providing Adidas a major boost in its fitness technology efforts, the acquisition of Runtastic gave the company more than 100 million users. Since then, Adidas has focused on making the app, a bigger part of its business strategy. Last month, keeping in…
business-gurus.com 