Markets

Verizon and AT&T Agree to Adopt New Measures Addressing 5G Air Safety Concerns

U.S based telecommunications company Verizon Communications Inc. (VZ) and largest provider of mobile telephone services in U.S AT&T Inc. (T) said they have agreed to adopt new precautionary measures to address increasing air safety concerns for the use of C-Band spectrum for 5G wireless. The aviation industry together with the Federal Aviation Administration (FAA) have […]

Samsung Picks Texas as the Location For Its New $17 Billion Chip Plant

South Korea based leading technology company mostly known for making consumer electronics Samsung Electronics Co Ltd (KRX: 005930) announced that it has selected Taylor, Texas as the location for its new $17 billion chip factory. This chip plant will be making advanced chips for functions including; 5G, artificial intelligence (AI), mobile and high-performance computing. The […]

Apple Says Its Workers Have the Right to Discuss Salaries and Working Conditions

Leading tech giant Apple Inc. (AAPL) has told its employees that it’s within their rights to discuss their wages and working conditions at the company. Apple issued this statement following a number of workers who have been striking without revealing much to the public due to the company’s reputation for secrecy. Apple made this announcement […]

WeRide Set to Launch Robotaxis on Ontime Ride-Hailing App

China based leading autonomous driving company Weride Corp. announced that it will be launching robotaxis available for public booking on the Ontime ride-hailing app come next year. Ontime ride-hailing is owned by Chinese automobile manufacturer Guangzhou Automobile Group. (HKG: 2238). In a public statement, WeRide says it’s putting measures into place to begin offering test […]

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 […]

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 […]