Although the manufacturing and the service sectors have been shaken as an outcome of the referendum, the fall of the sterling has boosted the value of Britain’s exports as well as boosting the cost of its imports. The coming cut… Read More ›
Creativity
SpaceX to shift all impending launches at its second site in Florida
SpaceX has successfully flown 9 missions. Last week’s explosion was only its 2nd mishap. As an outcome of SpaceX’s satellite launch being destroyed during liftoff, Israel’s Space Communication Ltd is now seeking $50 million from the company or a free… Read More ›
Google’s Project Ara shelved as part of its hardware streamlining process
Despite this move, according to a source with the knowledge of the matter, Google could license the technology to its partners and technologies developed from Project Ara could still see the light of day. According to two sources with the… Read More ›
LG to partner with Amazon on smart home appliances
The move could potential see more voice controlled appliances hitting the market in the near future. In a development that could potential see Amazon’s virtual assistant Alexa in more devices, LG Electronics has disclosed that it is set to partner… Read More ›
Samsung considers recalling Galaxy Note 7
Consumers have reported online that the flagship catching fire during charging. Samsung has stopped shipments while it is extensively testing the smartphone in its lab. As per a source who is familiar with the matter at hand, Samsung Electronics Co… Read More ›
Elon Musk purchases more than half of SolarCity’s bond offerings
Musk’s two cousin who are on SolarCity’s board have also acquired $17.5 million each of SolarCity’s $124 million bond offering. According to a filing made by Tesla Motors, Elon Musk, its CEO, is said to be purchased bonds worth $65… Read More ›
Demand for Samsung’s Galaxy Note 7 exceed supply
Samsung has stated it is boosting production to meet supply so as to reduce opportunity cost. South Korean electronics giant Samsung Electronics has disclosed that its newly launched Galaxy Note 7 is registering stronger than expected demand, causing global supply… Read More ›
Germany’s exports to Iran touches new high in first 6 months of 2016
A surge in domestic demands and Iran’s appetite for German goods are likely to fuel further growth in Germany’s economy. After the removal of international sanctions against the Iran, Germany’s exports of equipment and machineries to the Islamic Republic has… Read More ›
The $1 Billion E-Sports Gaming Industry will now have an Olympics for Itself
While athletes from world over have been fighting out for medals at the Olympics in Rio, an Olympics of e-sports is being planned to be achieved by a gaming company that showcased a gaming tournament to that effect at the… Read More ›
Uber enter trucking industry with the acquisition of Otto
Otto’s speciality is in self-driving trucks. Uber Technologies Inc. has disclosed that it has acquired Otto, a startup which specialises in self-driving trucks. It has also formed a $300 million alliance with the Volvo Car Group so as to develop… Read More ›
