Utility-scale batteries set to be a multi-billion dollars market by 2022

The nenewable energy market in the Asia Pacific region is to boom with utility-scale batteries replacing expensive power grids. In a strategic move, Japan’s JERA, is set to collaborate with a U.S.-German joint venture along with an Australian firm in order to develop battery projects in the Asia-Pacific region. The move targets a market expected…

Japan Automobile Manufacturers Association prefer FTA, low tariffs on automobiles

The move is aimed at maintaining the chinks in the well-oiled, tried and tested global automobile supply chain. U.S. demands for changes in NAFTA could significantly impact automakers and autospare makers. On Friday, an association of Japanese automakers stated, it hoped Japan’s export partners would stick to existing free trade relationships and keep tariffs on…

U.S. Congress has received details on September 2017 hacking attack: Equifax

The update to the U.S. Congress by the credit monitoring firm sees hackers gaining access to 38,000 driver licenses and 3,200 passport details on top of the millions of private information harvested by them in the September 2017 cyber attack. Continuing its disclosures stemming from the cyber security incident which saw hackers gain access to…

U.S. Administration efforts aimed at mitigating issues arising out of Beijing’s ‘Made in China 2025’

The U.S. Administration is increasingly boosting efforts to tilt, what has so far been so far in recent history, a one-sided affair, of collaboration and forced technology transfer from the U.S. to China. Beijing’s Made in China 2025 industrial policy has opened the administration’s eye to China’s furtive motives of leveraging the dual benefits of…

U.S. Supreme Court upholds legality of the Inter partes review process

To the chagrin of patent trolls and big pharma, in a ruling with widespread implications for high technology companies, including Apple and Samsung, U.S. Supreme Court justices in a 7-2 ruling upheld the IPR system. In a development with significant implications for tech companies, on Tuesday the U.S. Supreme Court approved of a government review…

Viacom Inc demands that CBS Corp raises its merger bid $2.8 billion

The demand which incidentally underscores the wide gap between Viacom’s price expectations and CBS Corp’s offer price indicates that both companies have made little progress in talks. The synergies however have potential since it would position the combined company to better leverage its asset swhile negotiating with U.S. cable and satellite companies. As per sources…

Silicon Valley proposes a more pragmatic approach to suitably modify China’s trade policies

Although tech companies are on the same page as the Trump Administration on it’s findings on the Section 301 investigation, it is of the view that the current strategy is not sustainable and results could be better achieved through an international coalition that challenges China at the World Trade Organization. On Monday, a trade group…