The contract would have originally gone to Japan, but France with her smart quick made the contract her own. In 2014 when the Japanese Prime Minister met his Australian counterpart to make a $40 billion deal for the manufacturing of… Read More ›
Entrepreneurship
His Entire Stocks in Apple Cold by billionaire Investor Carl Icahn
Citing the risk of China’s influence on the stock, Carl Icahn, the the billionaire activist investor who has long been one of the most prominent voices declaring the company to be undervalued says he has sold his entire stake in… Read More ›
Scottish Power awards Siemens to build EU’s largest offshore wind farm
This is in line with the British government’s efforts to incentivise low-carbon power production. In a move that would enthuse green energy backers, Siemens has won a five year contract worth $1.2 billion (833 million pounds) to build and service… Read More ›
LeEco’s Jia wants to take on Tesla in the EV market
While traditional auto manufacturers are heavily invested into combustion engine technology, new comers have an added edge that they carry no such baggage. Everyone knows that tomorrow’s electric car will drive itself, will connect to the internet through high speed,… Read More ›
Sirin’s ultra-secure ultra-hi-tech phone to cost less than $20,000
Aimed at the luxury market, the phone will incorporates technologies which are 2-3 years ahead, of being launched in the consumer market, have military grade encryption, and have a definite flaunt value as well. A British-Israeli start-up will debut a… Read More ›
AB InBev sells SABMiller’s Peroni brand to Japan’s Asahi group
With this strategic move, Ab InBev moves one step closer towards completing its 100 billion plus takeover of SABMiller. AB InBev process of acquiring its smaller rival SABMiler has made another significant milestone with it accepting Japan’s Asahi Group’s proposal… Read More ›
Hyundai Motors ties up with Cisco Systems to develop tomorrow’s autonomous vehicles
The race for the next generation automated autonomous vehicles just got hotter. As part of its vision for tomorrow automated autonomous vehicles which Hyundai Motor terms as “high-performing computers on wheels”, it said today that it will partner with Cisco… Read More ›
Bangalore becoming centric to Daimler’s tech aspirations
With the race for tomorrow’s driverless cars becoming increasingly fierce, car manufacturers are now having to invest into software technologies. New legal proposals in Germany could see more software jobs outsourced to Bangalore, India. A senior official from Daimler, the… Read More ›
Viacom’s gets Redstone’s thumbs up for selling minority stake in Paramount Studio
Sumner Redstone, a 92 year old majority stakeholder of Viacom, had opposed the sale. As per a report from the WSJ, Sumner Redstone, who holds a controlling stake in Viacom, is opposed to Phillipe Dauman’s, Viacom’s CEO, plans of selling… Read More ›
Halliburton Baker Hughes deal under European Commission lens
Last week the DOJ has filed a lawsuit to stop the merger as the resultant would leave only two dominant companies in the global well drilling and oil industry construction services industry. The equivalent of antitrust regulators in the European… Read More ›