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 ›
Entrepreneurship
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 ›
South Korea’s top shipper files for U.S. Bankruptcy
Hanjin Shipping has filed for bankruptcy in the U.S. following its credit bankers not extending financial support to its operations. The Wall Street Journal has reported citing a filing by Hanjin Shipping Co Ltd that the troubled shipper has filed… Read More ›
JPMorgan sued by Good Technology over fiduciary duty
The suit claims that by prioritizing their role as BlackBerry’s advisers when it was in the process of acquiring Good Technology, JPMorgan had not only a conflict of interest, it did not satisfy its advisory role to Good Technology which… 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 ›
Oil freeze deal involving Iran is possible: Putin
After the lifting of the sanctions, Iran is bolstering its oil production levels, which is putting even more stress in the already overflowing global oil pool. Putin’s statement essentially underscrores the fact that since Iran is starting from a low… 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 ›
Sharp looking forward to joint collaboration with Japan Display for OLED
If the collaboration bid succeeds they could quickly bridge the gap with their South Korean rivals, Samsung Display, a unit of Samsung Electronics. The Nikkei business daily has reported that Sharp is itching to collaborate with its rival, Japan Display,… Read More ›
Clean Energy Starups Being Given a Helping Hand by Amsterdam Incubator
In the field of sustainable energy, start-ups that are brimming with bright ideas are increasingly gaining importance. And this would be boosted by a scheme which places selected small companies bursting with killer energy ideas in an 180-day long accelerator… Read More ›
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