Here is how Amazon.com is using original video programming as a vehicle to boost its exclusive Prime shopping club. For the very first time, documents from Amazon.com Inc reveal how the world’s biggest online retailer’s bet on original video content has paid off: by early 2017 its TV series have drawn more than 5 million…
The developments puts to rest concerns of waning demand for memory chips which are once again on the rise on the back of strong demand from the smartphone and server market. A spokesman for Samsung Electronics Co Ltd stated it plans on building a new memory chip production line in late March in China. The…
This policy will be effective from July 1, 2018. On Wednesday, Alphabet Inc’s Google stated starting from June it will ban advertisements for cryptocurrencies and related content including binary options, and financial services that aid betting. In a separate blog post, Google said in 2017 it had taken down 3.2 billion ads, up by nearly…
The strategic move will not only bring down its import cost but will also help it sl slash escalating labor costs in China. In a move that signals an expansion of Apple’s iPhone assembly line in India, Wistron Corp, a Taiwanese contract manufacturer which is part of Apple Inc, has won approval from India’s Karnataka…
Essentials is aimed at bridging the gap in its market – which till now have catered to large firms. With this Salesforce.com aims to cover every segment of its market. In a step aimed at mitigating air pockets in its market, Salesforce.com Inc has launched new customer service and sales software tailored specifically for small…
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…
Competing with Alphabet’s Google, Microsoft Corp, Box Inc and Amazon.com Inc, in the cloud storage space, Dropbox Inc reported its 2017 revenue at $1.11 billion. Dropbox Inc has filed for an initial public offering (IPO) of 36 million shares thus valuing the firm at more than $7 billion. Its filing information shows that it expects…
Roland Berger, a consultancy firm, says, the adoption of AI by utilities are heralding a new age of leaner, more efficient distribution and load bearing systems. According to Roland Berger, a consultancy firm, if utilities were to adopt artificial intelligence, which could predict demand swings on the usage of power, for example, they could significantly…
Although the exact date of the halting of shares is yet to be disclosed by Samsung Electronics, on Monday, at South Korea’s Kospi index, the conglomerate accounted for nearly 20% of the index’s market capitalization. On Monday, South Korea’s stock exchange stated, trading in Samsung Electronics Co Ltd’s shares, Asia’s fourth most valuable stock, will…
The development comes in the wake of Geely, BAIC’s rival, seeking to tap Daimler’s technologies in the area of self-driving technology, battery technology and automated, autonomous vehicles. On Thursday, Stuttgart, Germany, headquartered Daimler AG stated it would deepen its collaboration with China’s BAIC Group in the area of new energy vehicles. Daimler stated it has…
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