Uber’s stated goal of transforming the long-haul trucking industry by replacing brokers could face stiff resistance from existing players as well as fresh startups. Uber’s acquisition of Otto, a self-driving truck startup, has opened the doors for it to tap… Read More ›
In an strategically important development that will define the 5G standard, Germany’s top car manufacturers have joined hands with major telecom network equipment manufacturers to create and set the upcoming 5G standard which will be extensively used in tomorrow’s self-driven… Read More ›
This fresh investment is likely to boost Cisco’s margins as input costs are lower in Mexico. The Mexican government has disclosed that U.S. networking giant, Cisco Systems, plans on investing $4 billion in Mexico over the period of 2 years… Read More ›
There is more to the lawsuit that meets the eye: in May this year, during the first quarter results conference, Musk claimed to not know of Hoerbiger when asked by Reuters. As per available court records, Tesla Motors Co. and… Read More ›
This is yet another hurdle in Tesla Motor’s path on its stated plans of acquiring SolarCity. Embattled SolarCity is facing a new battle: it has now been accused by Cogenra Solar Inc., owned by SunPower Corporation and Khosla Ventures of… Read More ›
Microsoft brings its Azure driven cloud computing prowess to the table of this alliance. Renault SA’s alliance with Japan’s Nissan Motor Co has got a new partner in Microsoft Corp. Its expertise in cloud-based services will help the car manufacturers… Read More ›
French based Sanofi and its U.S. partner Regeneron Pharma set to win approval for the first systemic therapy for severe atopic dermatitis (AD). Sanofi, a French drug manufacturer, and its U.S. partner, Regeneron Pharmaceuticals, are set to win approval in… Read More ›
Thailand’s revenue department plans to increase its tax collections and its working committee is looking into blocking tax loopholes that are exploited by tech firms. Internet and tech companies based in Thailand could potentially face increased scrutiny as the country… Read More ›
EU business associations and companies agree that the only way Britain can continue to benefit from EU’s single market if it were to continue to follow its rules. Going by the results of a survey that was published on Sept…. Read More ›
The deal is set to have an enterprise value of $2.69 billion (2.4 billion euros). Lanxess AG is the world’s largest synthetic rubber manufacturer. Lanxess AG has stated that it would acquire Chemtura Corp, a specialty chemical company for around… Read More ›
manageria.biz 