As per a WSJ report late on Wednesday, AT&T Inc’s WarnerMedia and ViacomCBS Inc are exploring a potential sale of a significant stake or all of the CW Network, which they own jointly. The report citing sources close to the matter… Read More ›
Entrepreneurship
GM’s BrightDrop signs EV supply deal with Walmart Inc and FedEx Corp
In a statement General Motors Co said, its electric commercial vehicle business, BrightDrop, has signed a deal to supply EVs with Walmart Inc and has expanded its supply agreement with FedEx Corp. It did not announce the financial terms of the… Read More ›
Chinese foreign minister Wang Yi visits Kenya to boost trade along Maritime Silk Road
Chinese foreign minister Wang Yi is set to visit Kenya following Nairobi relying on Chinese loans to develop infrastructure and is facing rising debts. Describing the visit as “historic”, the Kenyan foreign ministry said, talks between the two countries would… Read More ›
Bitcoin’s Price Might Go Over $100,000 If It Replaces Gold As A Store Of Value, According To Goldman Sachs
With investors becoming more amenable to digital assets, Goldman Sachs Group predicts that the cryptocurrency bitcoin will continue to eat into gold’s market share. The likelihood of bitcoin’s value breaking beyond the $100,000 barrier has increased as a result of… Read More ›
Sony Plans To Enter Electric Vehicle Market As Its Next Big Hit
Japan’s Sony Group Corp is planning to venture into the industry of electric vehicles as it wants to leverage its strengths in the fields of entertainment and sensors. For this purpose, the company plans to launch a new company this… Read More ›
Hyundai unveils its vision -metamobility
In a statement Hyundai Motor Co said, it envisions an interactive and partial virtual future in what it terms as “metamobility,” wherein a variety of robotic devices will be able to interact with humans to provide a broad range of mobility… Read More ›
Sony examines options to expand into electric vehicles
This Spring, Sony is set to examine its options vis-à-vis the electric vehicle market as it looks to capitalize on its sensor and entertainment strengths to play a bigger role in next-generation mobility. Speaking ahead of the CES technology trade… Read More ›
Allegiant Air plans to buy 50 Boeing 737 MAX jets at $5 billion: sources
According to sources familiar with the matter at hand, Allegiant Air is set to place an order for 50 Boeing 737 MAX jets worth $5 billion at list prices, as the air carrier seeks to ride on the boom of… Read More ›
Japan Australia sign Reciprocal Access Agreement for economic and defense cooperation
Following the cancellation of a trip to the United States and Australia due to rising COVID-19 cases, Japan and Australia are set to sign a treaty to beef up defence and security cooperation at a virtual summit on Thursday. Japanese… Read More ›
Mercedes-Benz unveils 1000 kilometers mile range battery-powered VISION EQXX prototype
In a significant development, Mercedes-Benz has unveiled its battery-powered VISION EQXX prototype which it says has a range of more than 1,000 kilometres (km) per charge. Last year, Mercedes-Benz had announced plans to invest more than $45 billion (40 billion euros)… Read More ›