Takata’s inflator for airbags affect 42 million vehicles in the U.S. alone. This will make it the largest ever recall in U.S. history. Japanese airbag manufacturer Takata whose defective air bags have been linked to 11 deaths in the United… Read More ›
Qualcomm’s business model under legal scrutiny from regulators across the globe. In a significant development, South Korea’s antitrust regulator have fined Qualcomm $854 million for unfair business practices related to its patent licensing and modem chip sales. This is the… Read More ›
Volkswagen will buyback or fix another 80,000 3.0 litre diesel vehicles in the U.S for which it will spend 1, and up to 105,000 2.0 litre vehicles in Canada. In strategic efforts aimed at putting the emission cheating scandal behind… Read More ›
OPEC will now meet non-cartel members on December 9 to convince them that they should do the same. In a historical development, the world’s largest oil exporters have agreed on a cut to their oil production for the first time… Read More ›
6 years in the making, the deal comes in the wake of mass surveillance by the U.S. in 2013. It now grants EU citizens the same rights as those enjoyed by American citizens. Lawmakers from the European Parliament has backed… Read More ›
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