Breaking News

Bayer’s Chief Executive Rules Out Splitting the Company

Werner Baumann, the chief executive officer of German based pharmaceutical and life sciences company manufacturing biotechnology products, agricultural chemicals and seeds Bayer AG (ETR: BAYN) says that the company is in no way considering splitting its three main business into separate publicly traded companies. “We are going to continue the course, which is developing our […]

Twitter Expands Access of Free Data for Developers

Widely used social media network Twitter Inc. (TWTR) says that it will be expanding free access of its social networking website data to help software developers to come up with tools and products which can promote safer conversations and interactions across the online space. This move will come as part of the company’s wider plans […]

Snap Hires First Managing Director of Global Carrier Partnerships

Social media company Snap Inc. (SNAP) announced having hired its first head of telecom carrier partnerships as it seeks to increase its growth outside the United States. The company has been constantly improving its android app in its wider plans of increasing its international reach. The company has appointed Anne Laurenson to serve as its […]

Toyota Set to Develop Alternative Fuels in Partnership With Other Automakers

Japan based automotive manufacturer Toyota Motor Corp. (TYO: 7203) is set to develop alternative green fuels for internal combustion engine cars including hydrogen and synthetic fuels extracted from biomass. The company made this announcement during the past weekend further adding that it will be conducting this initiative in partnership with other four Japanese vehicle manufacturers […]

Subaru Launches All-Electric Vehicle in Partnership With Toyota

Japan based automobile manufacturer Subaru Corp. (TYO: 7270) has launched its first ever all electric car named the Solterra in partnership with fellow Japan based car manufacturer Toyota Motor Corp. (TYO: 7203). Subaru says it has been working on this project for two years together with Toyota Motor which is also the biggest shareholder in […]

China Asks U.S Officials to Stop All Official Interaction With Taiwan

China’s foreign ministry has asked the United States government to stop all forms of formal interactions with Taiwan. The Chinese authorities made this announcement on November 10 alleging that a U.S. congressional delegation visit to Taiwan violates the One China policy. “It is a dangerous game to collude with pro-independence forces in Taiwan,” said China’s […]

Nvidia Launches New Car Products Including a Virtue Driving Assistance

United States based designer and manufacturer of graphics processing units and chip units for mobile computing and the automotive industry Nvidia Corp. (NVDA) has launched new technology products including a virtue driving assistant which can park a standard car and ramp up training of autonomous cars. The company says the latest products come as its […]

Musk Consults With Twitter Followers Whether to Sell 10% of Tesla Stock

Elon Musk the founder and chief executive officer of leading electric vehicle manufacturer Tesla Inc. (TSLA) took it to twitter asking his followers on the social media platform whether he should sell 10 percent of the shares he holds in the company. Not long ago, Musk had hinted that he would face a hefty tax […]

Nintendo Cuts Down Switch Sales Estimates by 6% Due to Chip Shortage

Japan based video game developer and consumer electronics manufacturer Nintendo Co Ltd. (TYO: 7974) has reduced its full year estimates sales for Switch consoles by 6% as the company doesn’t see it achieving its previous set estimate before the year wraps up. The company says that it won’t be able to meet the demand increase […]

Facebook Shutting Down its Facial Recognition System Due to Increasing Concerns

Giant social media company Facebook Inc. (FB) says that it will be shutting down its facial recognition system due to huge backlash and increasing concerns from the general public which has been questioning the use of this technology. The facial recognition automatically identifies users in videos and pictures. The company’s vice president of artificial intelligence, […]