Volkswagen Group & Porsche could enter Formula One racing: BBC

According to a report from the BBC, the Volkswagen Group along with Porsche, are weighing options to enter Formula One provided the next engine regulations, which are scheduled to be introduced in 2025, promote sustainable fuels. Porsche Motorsport’s vice-president Fritz Enzinger has been quoted as saying, it would be “of great interest if aspects of…

Walmart in partnership discussions with Comcast to develop and sell Smart TVs

According to sources familiar with the matter at hand, Comcast and Walmart Inc are in collaborative talks to develop and distribute smart TVs. Under the terms of discussion, Walmart will promote TV sets running Comcast software and in return get a share of recurring revenues from Comcast. Comcast is competing with Apple TV+ and Netflix…

Lessor BBAM adds 3 Boeing 737-800 freighters to service air cargo market

On Tuesday, Boeing Co stated, BBAM, a lessor, had ordered three 737-800 converted freighters to service the growing e-commerce market and the express sectors of the air cargo market. The planes, which will be converted, will come from BBAM’s existing fleet. “This agreement shows how we can serve our customers by delivering efficient and reliable…

Huawei increases domestic marketshare at the cost of its domestic rivals

Oppo, Vivo, Xiaomi and Apple, together, controlled 50% of the Chinese market. On Wednesday, according to market data released today, China’s Huawei Technologies has increased its footprint in its domestic smartphone market, with shipments rising by 66% in the third quarter. Although the Chinese smartphone market contracted by 3% in the third quarter in comparison…

Facebook to launch new video chatting devices in 2019 Autumn

The chat devices fits snugly into Facebook’s focus towards private messaging by encryption of conversations on more of its messaging services. In the autumn of 2019, Facebook Inc plans to release new versions of its Portal video chatting devices, said Andrew Bosworth, Facebook’s vice president of AR/VR, in an interview at the Code Conference in…

Facebook to invest more than $1 billion in its 1st data center in Singapore, Asia

The expansion comes midst increased demand for cloud and mobile computing and e-commerce from countries across Asia. On Thursday, Facebook disclosed it would sink in more than $1 billion in its first data center in Asia which will be located in Singapore. It is slated to open in 2022. Facebook’s data center will be located…

Tesla Inc hires Snap Inc’s VP of Monetization Engineering

Tesla has hired Snap Inc’s Stuart Bowers who will now be its vice president of engineering. Electric carmaker Tesla Inc stated it has hired Stuart Bowers, Snap Inc’s vice president of monetization engineering, as its VP of engineering. He will work on Tesla’s Autopilot software and other projects. In recent days, several senior executives have…

IBM sues Lindsay-Rae McIntyre for breach of 1 year non-competitive agreement

Lindsay-Rae McIntyre has been barred from joining Microsoft, pending a court review of the lawsuit. On Tuesday, International Business Machines (IBM) Corp sued Lindsay-Rae McIntyre, a former executive alleging violations of its 1-year non-competitive agreement. Over the weekend McIntyre was named by Microsoft Corp as its new chief diversity officer. According to documents that were…