This is a new find, as per Bild am Sonntag. Audi is the prime contributor to the VW group’s earnings. VW is currently holding talks with U.S. regulators on a proposed fix for its cars. German news daily, Bild am… Read More ›
Creativity
Toyota to produce long-range EVs by 2020 – Nikkei
In a strategic change of gear, a Japanese business daily has stated, without citing any sources, Toyota will come out with pure EVs by 2020. This is 180-degree reversal of its earlier policy. According to Nikkei, a Japanese daily, in… Read More ›
VW vehemently defends the usage of its defeat device in Europe
VW has stated that the usage of its defeat device is in conformity with European law. However, as a gesture of public goodwill, it will refit the affected vehicles. It is to be seen how much of this posturing will… Read More ›
China’s Wanda to acquire Dick Clark Production for $1 billion
Wanda is owned and run by China’s richest man Wang Jianlin. He aims to bring Hollywood technology and muscle through acquisitions to the Chinese heartland. After the acquisition, he will retain Dick Clark Production’s team. Extending the ever growing Chinese… Read More ›
BlackBerry partners with Ford Motors
In a first of its kind, BlackBerry has partnered with Ford Motor to expand the usage of its QNX operating system. The terms of the deal has yet to be disclosed. On Monday, BlackBerry Ltd disclosed it has signed a… Read More ›
Britain to splurge $2.32 billion boost cyber defences
In an increasingly connected world safeguarding national infrastructure is of prime importance. According to a statement from the British Treasury, Britain will spend $2.32 billion (1.92 billion pound) to boost its cyber security defences. Britain’s new National Cyber Security Strategy… Read More ›
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 ›
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 ›
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 ›
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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