The acquisition of an alternative investment heavyweight such as Fortress assumes significance since it signifies a widening of SoftBank’s portfolio, which has typically catered to the technology and telecom sector. With the SoftBank Group Corp preparing to launch the world’s biggest… Read More ›
The company has hired Lee Jin-woo, 47, former researcher at General Motors to oversee its research into the field of autonomous automated transportation technology. The Hyundai Motor Group has jumped in the fray of developing next generation vehicles. The company… Read More ›
With the American economy being technologically driven, Donald Trump’s travel ban has perhaps the right intent of securing America but the manner in which it is going about implementing its objective could drive up costs and create more animosity than… Read More ›
The plug-in device will most likely fit onto the OBD II port will provide a host of features without using modems. Ford Motor Co has disclosed it would be selling a plug-in device which will enable features such as Wifi… Read More ›
The move comes midst Federal safety regulators probing Tesla’s Autopilot’s role in a fatal crash in Florida in 2016. Tesla has mentioned in a blog post that it has hired a software engineer from Apple Inc to oversee its efforts… Read More ›
The race for tomorrow’s automated autonomous car just got hotter with Google displaying its improved version of the technology. Ahead of the much awaited Detroit auto show, Google unveiled its latest autonomous automated car technology mounted in a Chrysler Pacifica… Read More ›
The deal, being Snapchat’s first Israeli acquisition, was supposedly driven by Cimagine Media’s skilled workforce rather than its augmented reality technology. Calcalist financial daily has reported that Snapchat is all set to acquire Cimagine Media, an Israeli augmented reality startup,… Read More ›
InvenSense produces gyroscopes for Samsung’s and Apple’s smartphones. The acquisition will expand TDK’s footprint in the sensor technology segment. Japan’s TDK Corp, an electronics part manufacturer, has disclosed that it is all set to acquire U.S chip manufacturer InvenSense Inc.,… Read More ›
European Securities and Markets Authority gives a preview of how British hedge funds and private credit assets could tap EU’s single market bloc after Brexit. Before Brexit negotiations begins, a British hedge fund group has laid out its wishlist, which… Read More ›
As a result of this collaboration, the prices of their offerings could drop by as much as 1/5 of Nissan’s leaf price tag. As per Japanese business daily, the Nikkei has reported that Renault, Mitsubishi Motors Corp and Nissan Motor… Read More ›
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