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Partnerships Sought By BMW In Its Endeavor To Manufacture Small Electric Cars

Germany’s BMW AG wants to make most of its future min and small cars run on electricity and for this purpose the automaker is in search of partners and is holding talks with other automakers “around the world” such that the company is able to reduce the cost of manufacturing those electric vehicles...

Uber Shares Proposed To Be Bought By Softbank At A Heavy Discount Of 30 Percent v

Share of Uber Technologies have been proposed be bought by Japan’s SoftBank Group Corp at about 30 percent discounted price to its most recent valuation and for a total of $48 billion, say media reports citing sources.   The influence over the company of the former Chief Executive Travis...

Fashion Brand Chanel Still Far Away From Adopting A Completely Online Platform For Sale

Almost all the rivals of France’s Chanel have entered into the digital world of selling merchandise and this company is one of the fashion world’s last hold-outs that is still reliant on the brock and mortar outlets instead of websites to try out new clients. The company has recently said that it...

Google Collected Android Users’ Location Data Secretly Even If Location Service Was Switched Off

A new report has revealed the despite Android users switching off their location services on their phones, their location information had been secretly recorded by Google.   Oracle, the primary rival for Google was behind the expose, claimed a leading security researcher.   The users...

Chinese Airlines Target Troubled Cathay Pilots Who Now Face A Pay Cut

The Chinese airline industry is expanding exponentially and to fill up vacancies for experienced captains, Chinese airlines have targeted disaffected pilots at Hong Kong’s Cathay Pacific Airways and is luring them with sky-high salaries.   There are predictions that the airline industry in...

Chinese iPhone X Plant Hired Student Labor Illegally, Finds Out Apple

Local labour laws were violated at the factory of biggest manufacturing partner of smartphone maker Apple in China as both the companies said in a statement recently that they had discovered a small number of students who had been working overtime at this Chinese unit.   Apple has confirmed...

AI Technology Applied By Mitsubishi Electric To Develop Fast Force-Feedback Control Algorithm

Now industrial robots will allow low-tolerance precision tasks to be effectively completed with fewer trials and within less time in comparison to what is now available with human-supported robot assembly. Mitsubishi Electric Corporation announced that this has been made possible with help of a...

Total Plans To Focus On Lubricants In Italy After Selling Off Its Fuel Marketing Activities There

The fuel marketing and refining assets of Total and Erg in the TotalErg joint venture would be sold to the Italian Group API. An agreement to this effect was signed recently. For a total value of €750 million, the expected sale of all of TotalErg’s assets would be completed by this third...

Apple Will Launch Its HomePod Early Next Year

Apple Inc. missed the holiday shopping season for it’s HomePod smart speaker as the company announced the pushing back its launch to early next year from December, even as the entire market for such devices are becoming increasingly competitive and complex.   “We can’t wait for people to...

Larson Brings To Market The Latest Technology In Its Sleek Storm Doors

A new progressive storm door design that has been built with advanced technology for ensuring very smooth operational ease was announced recent by Larson Manufacturing. An effortless convenience and a smooth and consistent closing speed in such doors has been enabled by the use of the patented...

Public Roads Used For Testing Self-Driving Cars In The U.K. By Jaguar Land Rover

Public roads are being used for testing of their newest driverless cars by Jaguar Land Rover, the biggest car manufacturer of the United Kingdom.   A half-mile route in Coventry city centre is the place of the trials that have going on for several weeks now.   Even while such vehicles...

Analysts Question Relentless Finance Draining By Tesla

Tesla faced a barrage of questions related to its continuous cash burning and about when and how it will be forced to ask its creditors and shareholders for more money. All this following the unveiling of its latest electric vehicles.   At a glitzy event in California, Tesla unveiled its new...
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