Since the private players provide sophisticated anti-counterfeiting technologies like watermarks and security strips, most countries around the world have outsourced banknote printing to private companies. French worldwide company Oberthur Fiduciaire, which stands in the first row of global security printers,… Read More ›
Helped by the rise of virtual reality (VR) headsets and affordable 360 degree cameras, selfie lovers can forget it and adopt the “surroundie” which can soon become the newest trend in picture taking. A selfie taken with a 360 degree… Read More ›
A Microsoft Corp lawsuit that intends to secure the right of companies and to strike down a law that prevents companies from telling customers the government is seeking their data found a number of supports ranging from technology, media, pharmaceutical… Read More ›
The pact needs to be operationalized into an oil freeze deal which could then see reduction in crude oil production from two of the world’s top producers. In a development that could potentially have far reaching consequences, Russia and Saudi… Read More ›
Uber’s stated goal of transforming the long-haul trucking industry by replacing brokers could face stiff resistance from existing players as well as fresh startups. Uber’s acquisition of Otto, a self-driving truck startup, has opened the doors for it to tap… Read More ›
In an strategically important development that will define the 5G standard, Germany’s top car manufacturers have joined hands with major telecom network equipment manufacturers to create and set the upcoming 5G standard which will be extensively used in tomorrow’s self-driven… Read More ›
This fresh investment is likely to boost Cisco’s margins as input costs are lower in Mexico. The Mexican government has disclosed that U.S. networking giant, Cisco Systems, plans on investing $4 billion in Mexico over the period of 2 years… Read More ›
In one of the most drastic measures yet by the energy-rich kingdom to save money at a time of low oil prices, Saudi Arabia will cut ministers’ salaries by 20 percent and scale back financial perks for public sector employees…. Read More ›
Before taking steps to ease the impact on its business, Wells Fargo & Co. won’t wait for the U.K. to formally trigger an exit from the European Union. Frank Pizzo, president for Europe, the Middle East and Africa, said in… Read More ›
There is more to the lawsuit that meets the eye: in May this year, during the first quarter results conference, Musk claimed to not know of Hoerbiger when asked by Reuters. As per available court records, Tesla Motors Co. and… Read More ›
This is yet another hurdle in Tesla Motor’s path on its stated plans of acquiring SolarCity. Embattled SolarCity is facing a new battle: it has now been accused by Cogenra Solar Inc., owned by SunPower Corporation and Khosla Ventures of… Read More ›
Microsoft brings its Azure driven cloud computing prowess to the table of this alliance. Renault SA’s alliance with Japan’s Nissan Motor Co has got a new partner in Microsoft Corp. Its expertise in cloud-based services will help the car manufacturers… Read More ›
Following a media report that said that the German government wouldn’t step in to back the lender, fueling investor concerns about its weakened finances, Deutsche Bank AG shares dropped to a record low and its riskiest bonds declined. Bringing losses… Read More ›
Foreign central banks have become yet another worry for investors in the world’s most important bond market these days, they’ve long been one of the most reliable sources of demand for U.S. government debt. Based on the Federal Reserve’s official custodial… Read More ›
