If Brexit were to happen Jaguar Land Rover could face a $1.47 billion in taxes by 2020. According to two sources who are familiar with the matter at hand, Britain’s largest car manufacturer, Jaguar Land Rover, could face the brunt… Read More ›
Entrepreneurship
Boeing confirms sale of a number of aircrafts to Iran
Boeing has however not provided the quantity and type of aircrafts in question along with their delivery schedules. Boeing has disclosed that it has signed an agreement with Iran Air for the sale of its jetliners. This disclosures confirms news… Read More ›
Twitter now allows sharing of 140 second videos
The earlier limit of 30 seconds has been extended to 140 seconds. Happy Tweeting! Known for its 140 character limit for its tweets, Twitter has now decided to allow its users to tweet videos of upto 140 seconds. It had… Read More ›
Tesla offers $2.8 billion for acquiring SolarCity
According to Elon Musk, the deal is a “no brainer” since it fits very well into Tesla’s broad strategy. SolarCity has liabilities of $6.24 billion, including debt. Tesla Motor Inc’s pioneering CEO, Elon Musk has sought to acquire SolarCity Corp… Read More ›
Airwave Tussle Likely for GM’s Talking Cadillac as it Steers on Collision Course with Silicon Valley
Cars, that would tend to fulfill a safety vision decades in the making, that can automatically brake to avoid collisions is being rolled out by General Motors Co. The company announced the rolling out of a sedan laden with gadgets… Read More ›
German foreign minister calls for joint responsibility of EU states to prevent nationalism of single states
Frank-Walter Steinmeier has called for prevention of re-integrating Britain into the EU, if it decides to exit. Frank-Walter Steinmeier, Germany’s Foreign Minister, has been quoted today saying if Britain were to leave the EU bloc, the European Union must prevent… Read More ›
Siemen’s & Gamesa’s wind energy business to merge
If the deal were to go through, it would create the world’s biggest power producer from wind energy. Bloomberg has reported citing sources familiar with the matter at hand, Siemens AG is likely to pay $1 billion to Gamesa, a… Read More ›
Will Twitter bring music into its services in the near future?
During an investment round of SoundCloud, a Berlin-based music service which allows people to upload audio files and share their content, Twitter has invested $70 million in this startup. Re/code has reported citing sources familiar with the matter at hand… Read More ›
Samsung negates Korea Economic Daily’s news reports of its investment plans
Samsung denies news report of planning to invest $21.22 billion into 3D memory chips. Korean electronics giant Samsung Electronics has stated that local media news reports of its plans of investing $21.22 billion (25 trillion won) into 3D NAND memory… Read More ›
Fred Salerno, Viacom’s lead independent Director pleads for access to Sumner Redstone
Philippe Dauman has alleged that Shari Redstone, Sumner Redstone’s daughter is manipulating her 93 year old father, a media tycoon who holds a controlling stake in National Amusements Inc, which in turn has controlling stakes in Viacom and CBS Corp…. Read More ›
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