The new strategy will be unveiled in mid-June this year. According to excerpts of a speech yet to be given by Volkswagen’s CEO Matthias Mueller, Europe largest auto manufacturer is set to announce a new strategy in mid-June. Volkswagen has… Read More ›
6.5 million euros ($7.2 million) was raised by a start-BeMyEye up and announcement for an acquisition was made as it eyes international expansion. BeMyEye crowdsources people to carry out mystery shopping and data collection tasks for major brands like Coca… Read More ›
Panasonic is looking for a more immersive business experience in the automobile sector. In view of Tesla Motor’s impending plans of releasing the Model 3, Panasonic Corp has disclosed that if asked it could move up investments plans for the… Read More ›
It hopes to gain significant traction through this partnership in the world’s biggest smartphone market – China. In a strategic move designed to boost its sales in China, the world’s biggest market for smartphones, Samsung Electronics, has struck a deal… Read More ›
Coin is a Silicon Valley startup which manufactures NFC chips. By acquiring Coin, Fitbit hopes to incorporate the technology in its future products. Fitbit has disclosed that it has acquired the assets of Coin, a Silicon Valley Startup. This strategic… Read More ›
In 2014, when although Microsoft purchased Nokia it did not however buy its phone related patents. Subsequent to this acquisition, it has struggled with its phone business and in the previous year, it wrote-off the entire acquisition of Nokia worth… Read More ›
Apple’s decision to invest in India is a reflection is of the strategic importance that Apple attaches to it since by investing in the world’s third largest smartphone market, it can not only boost its market share in but also… Read More ›
With this deal China is looking for a strategic hold on global food supplies. As per multiple sources familiar with the matter at hand, the U.S. Department of Agriculture is set to join the U.S. government panel that is in… Read More ›
Apple’s shares have fallen by one-third of their value since 2015. Increased saturation in the smartphone market have led to a fall in sales of iPhones. It is unclear as to who took this decision – Warren Buffet or one… Read More ›
Having taken hits recently, two key components of Elon Musk’s empire are under pressure which some analysts believe, won’t see relief in sight anytime soon. Share prices have fallen for Musk’s co-founded companies – SolarCity and Tesla Motors. Despite a… Read More ›
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