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…
Petroleum giants, whose business model earlier revolved around fossil fuels, are increasingly diversifying into cleaner technologies with consumers preferring electric vehicles to their dirty polluting gas guzzling cousins. BP Plc disclosed it has invested $5 million in FreeWire, a U.S. mobile electric vehicle charging company. Demand for cleaner vehicles are expected to soar in the…
The U.S. chipmaker’s business model has created a series of legal setbacks. Apple has also charged it over similar legal issues. On Tuesday, Taiwan’s Fair Trade Commission stated Qualcomm Inc will pay $13.35 million ( T$390 million) as its first installment of the fine imposed by it for violations of anti-trust regulations in Taiwan. The…
Emerging from bankruptcy protection, the firm is pushing to reinvent its brick-and-mortar stores as well as rejig its website to take on more e-commerce. Specialty retailer Toys “R” Us Inc stated it will be closing one-fifth of its stores in the U.S. in the coming months as it struggles to emerge from one of its…
This is the largest spending plan announced by any firm following the historic Republican-led revision of the U.S. tax bill. Following the successful passing of the U.S. tax bill which introduces deep tax cuts for corporates, Apple Inc stated it will open a new campus, as part of a five-year $30 billion U.S. investment plan,…
The development marks a growing awareness of national security concerns in the United States, that companies will find hard to bridge regardless of their looks and features. It is to be seen how this will effect Huawei’s market share in the U.S. As per sources familiar with the matter at hand, AT&T Inc, has chosen…
Analysts opine that consumers would largely prefer mid ranged priced smart speakers over one that costs hundreds of dollars. According to analysts, both Amazon.com and Alphabet Inc have heavily discounted their virtual assistant speakers during the U.S. holiday shopping season such that they have lost many dollars per speaker sold. The development underscores a sharp…
China wants to attract talent in AI areas of biometric identification, cloud computing, big data and deep learning and wants to apply them in military technology in order to gain a leverage over the United States. China is pushing ahead to fulfill its ambition of becoming a world leader in Artificial Intelligence by 2025 and…
As per the findings research firm Kantar Worldpanel ComTech, the unavailability of its flagship iPhone X has played a role in the loss of its market share. On Tuesday, Kantar Worldpanel ComTech, a research firm, stated the market share of Apple Inc’s iPhone has declined in three key regions in the world during the last…
The report by Brookings Institution is an eye opener. Brookings Institution, a Washington think tank, has conducted a study which concludes that digital tools are increasingly playing a pivotal role in transforming every workplace across industries in the U.S. According to the study, the usage of digital tools has increased dramatically in 517 of 545…
business-gurus.com 