Ajit Pai, the FCC Chairman aims to overturn the existing net neutrality rules by late April and push for an initial vote by May or June. According to three sources briefed on the matter at hand, Ajit Pai, the chairman… Read More ›
Regulations & Legal
Alphabet’s Waymo’s case against Uber is unprecedented
“I’ve never seen a record this strong in 42 years,” – U.S. District Judge William Alsup on Waymo’s case against Uber Technologies. In the high-profile case which is likely to have a major bearing on Uber Technologies, a U.S. judge… Read More ›
Plug Power to power growth of Amazon.com
Plug Power, a fuel cell manufacturer, already powers the forklifts at Wal-Mart. Now it will be powering Amazon’s forklifts too. This is of strategic nature, since adopting fuel cell technology could help Amazon free up human resources and space. Plug… Read More ›
Lockheed Martin’s CH-53K King Stallion helicopters gets approved by the Pentagon
The $27 billion program will help the Marine Corps for its field logistics. Lockheed Martin Corp has received approval from the Pentagon to begin the production of 200 new heavy cargo helicopters for the U.S. Marines, said the U.S. Department… Read More ›
It is in U.S. interest to stay in Paris Accord: U.S. Coal companies
U.S coal companies have argued leaving the Paris Agreement will leave the U.S. in the cold since future energy mix will be determined by other countries and companies. Many big American coal companies have advised the Trump administration to not… Read More ›
Britain’s tourism could be significantly affected without a transitional deal
An association of travel agents along with the British airlines industry have highlighted their requirements and the need for a transitional deal. An association of travel agents in Britain have stated that during Brexit negotiations Theresa May’s government should aim… Read More ›
May must prove no deal is better than a bad deal: UK’s parliamentary committee
Officials within the British government and analysts believe May has some strong cards to play. These probably includes trade deals with China which essentially amounts to aligning itself with China’s ambitious silk-road project through which it is aiming to achieve… Read More ›
Kaspersky Lab links Lazarus Hacking group to Bangladesh cyber heist
Kaspersky Lab’s report states that at the face of it Lazarus is linked to North Korea however the link is not conclusive. Given the fact that Lazarus is a group of professional hackers, the chances of finding clinching evidence is… Read More ›
Silver Lake Partners and Broadcom offer $17.9 billion for stake at Toshiba’s flash memory unit
The Nikkei has reported that bidders will be asked to disclose whether they will be reselling their stake in the near future. The acceptance of their bids will depend on their answer. Japan’s business daily has reported today, that U.S…. Read More ›
Lockheed Martin receives $1.6 billion contract from Pentagon
The order-dependent contract is for Counter Fire Target Acquisition Radar System. he Pentagon has disclosed that Lockheed Martin Corp has been awarded a $1.6 billion order-dependent contract for providing the Counter Fire Target Acquisition Radar System.