The drop in the demand for cars in the largest car market of the world China in the entire of 2018 has put global car and auto makers under pressure. According to a report published by the news agency Reuters, compared to what the Japanese auto manufacturer Nissan Motor Co had planed earlier, about...

According to media reports in India quoting sources, the iPhone XS, iPhone XS Max and iPhone XR would be assembled soon in India by Foxconn.   The reports also stated that manufacturing of the iPhone X which could also be manufactured by Apple in India.   Till now, the US tech giant...

The technology sector is poised to its "strongest headwinds in a decade" according to an equity research analyst which could negatively impact the shares of Apple in 2019.   Stagnant smartphone sales, falling chip prices and data and privacy controversies have made the current year a rough...

Chinese tech giant Huawei Technologies Co., Ltd is still adamant about its 5G technology and wants to participate in its business strategy of participating more in development of 5G technologies all around the world, the company has said and added that the operations of the company has been going...

An official complaint against the German luxury car maker BMW is to be filed by the transport ministry of South Korea with prosecutors because the company had allegedly intentionally delaying recall of cars as well as not reporting faults in the cars which resulted in several engine fires such cars...

According to a report published in the Financial Times on Friday, $7.5 billion is being sought by the Malaysian government form Goldman Sachs Group Inc in relation to repatriation of the money that had been siphoned off from the country via the scandal-linked state fund 1MDB. The report quoted a...

The Swedish truckmaker Volvo would sell off to the German auto maker Volkswagen (VW) 75.1 percent of its WirelessCar division which is a digital service developer that specialises in connected driving. The Swedish truckmaker announced on Wednesday that the deal would be made for 1.1 billion Swedish...

Following the completion of the formation of a new venture with Pfizer’s consumer health division, GlaxoSmithKline has created plans to divide up its business into two parts – one part would focus on prescription drugs and vaccines, while the second part would focus on the business of...

A security flaw accidentally exposed by Twitter has allowed access to the phone number country codes of its users. This is a huge blunder and many are considering this as alarming.   This is so because there are many users of the social media platform who want their location to remain a...

Despite a software upgrade for its iPhones in China that the US tech giant pushed for recently, the company is still in violation of a Chinese court order banning the sale of some of its iPhones in China, believes Qualcomm Inc.   On December 10, Qualcomm had announced that a court order had...

A “significant deterioration” in trading in the run-up to Christmas has led the United Kingdom online retailer Asos to issue sales and profits warning for the rest of the year.   The company “experienced a significant deterioration in the important trading month of November and conditions...