They showcased the technological capability of the upcoming 5G standard by remotely navigating a car through an obstacle course using 5G wireless networks. With autonomous vehicles set to be the norm in the near future, during an industry conference in… Read More ›
Creativity
Autonomous version of Nissan’s LEAF seen cruising at 50mph in London
Nissan has tested the autonomous version of the LEAF in Silicon Valley and in Tokyo. This marks its first test in a European city. Nissan took the first step towards the testing of its first self-driving car in Europe. Guided… Read More ›
High stakes battle for Wal-Mart in the U.S. groceries market
With Germany-based Aldi quickly gaining market share in the highly competitive U.S. groceries market, Wal-Mart, the pioneer and king of low prices is feeling threatened and has high stakes in this price war. According to sources familiar with Wal-Mart Stores… Read More ›
Blockchain and securitization industry join forces to tap the $1.9 trillion U.S. securitization market
Wall Street’s structured finance companies want to use Blockchain’s immutable shared ledger to lower their cost of operations and thus boost their profitability. In efforts aimed at tapping the revolutionary benefits of blockchain technology for the fintech industry, Wall Street’s… Read More ›
SoftBank could potentially invest ~$4 billion in WeWork
WeWork continues to raise capital ahead of its planned listing. After this deal, the company will be valued at more than $20 billion. CNBC has reported today, that SoftBank Group Corp is all set to sink in $3 billion into… Read More ›
Huawei eyeing to dislodge Samsung as World No. 2 smartphone maker
Perhaps Samsung did not want to rush into the World Mobile Congress (WMC) with a half-baked product. After all it has traditionally used the forum to launch its new devices. Hopefully the cost of not launching the product at the… Read More ›
Sites hosted by Cloudflare leaked personal data
Although personal data has been leaked thanks to a bug in CloudFlare, the company is collaborating with Google to clean up the mess. The clean process is an on-going matter. Cloudflare Inc has reported that a bug in its software… Read More ›
EU’s troop carrier, A400M, hangs in the balance due to huge cost overruns
Seven core nations which have committed themselves to buying the plane, with the largest order coming from Germany. The German response to the cost overruns has been very pragmatic and cool especially since this is a critical military matter which… Read More ›
Viacom tweaks bond language eyeing taw law reforms on the horizon
Attractive terms for Viacom’s hybrid bonds have helped rope in a slew of investors. The opportunity cost of not investing in them is too high for investors; they have all piled into Viacom’s bond offering. Although investors lapped up US… Read More ›
Saudi Arabia looking to diversify its economy through the Saudi Aramco IPO
Championed by Saudi’s Mohammed bin Salman, the Deputy Crown Prince, the world’s biggest IPO is expected to be valued to at least $2 trillion. Saudi Aramco has selected Morgan Stanley, JPMorgan Chase & Co and HSBC Holdings Plc as its… Read More ›