Author Archives
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The SEC has a new weapon to detect insider trading
The SEC’s Analysis and Detection Centre uses various pattern analysis methods on Big Data to detect insider trading. Earlier in May this year, when Gary Pusey, a plumber, pleaded guilty to insider trading, it wasn’t a victory for just the… Read More ›
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Working with Panasonic, Toyota gains expertise in lithium-ion battery technology
The ability to monitor the individual battery cell conditions is fast becoming a key metric, as a closely-held trade secret, which can provide strategic depth and a competitive advantage to companies in the looming transportation sector which is set to… Read More ›
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GE set to acquire Baker Hughes for ~$30 billion
The deal could help redefine Baker Hughes following its failed merger with Halliburton. The Wall Street Journal has reported citing sources familiar with the matter at hand, General Electric Co is close to sealing a nearly $30 billion to merge… Read More ›
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Uber sees commuters travelling in VTOL planes in the next decade
Uber has a vision that could revolutionise transportation. In early 2017, it plans on hosting a summit wherein it hopes to lay out a potential roadmap. According to Uber, the future of transportation is literally looking up: it envisages commuters… Read More ›
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General Electric in early discussion with Baker Hughes for potential acquisition
Although GE has portrayed this discussion as one related to a partnership, the Wall Street Journal has cited an anonymous source, who’s familiar with the matter at hand, saying the discussions are for a potential acquisition. Reuters has cited a… Read More ›
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EU-Canada deal postponed until further notice
Although 27 EU states agreed on CETA, the South of Belgium had concerns related to agricultural imports which could result in MNCs dictating terms of public policy as well as those related to dispute settlements. Belgian politicians appear to be… Read More ›
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Daimler’s 1st pure EV will be manufactured in Bremen
The model will be based on the sporty SUV coupe-styled EQ vehicle that it displayed in the Paris auto show last month. Daimler, Mercedes-Benz’s parent has stated that its first new EQ electric vehicle under the Mercedes-Benz brand will be… Read More ›
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The coming of age of Tesla
For the first time, Tesla Motors has turned a profit. On that note, Musk has clarified that the company’s Model 3 will not need fresh capital infusion and that its deliveries are as per schedule. Tesla has also significantly reduced… Read More ›