German car maker Volkswagen (VW) plans to compete with US based electric car maker Tesla on price as VW is planning to develop a subcompact crossover to its all-electric I.D. range which would be priced at about $21,000 which would be more affordable than the Tesla cars, according to media reports....

US company tractor manufacturing firm Deere & Co is eyeing expansion in Africa which would be driven increased demand and expansion in crucial markets such as Ethiopia and Zimbabwe. The company said that it anticipates demand for its products in Africa would help increase its growth rate to 8...

Chinese tech company Huawei potentially wants to rival the likes of Google and Amazon in the sphere of virtual assistants as the company is working on the development of its own voice assistant which would work outside of China.   Huawei already has a voice assistant that it has developed...

While earlier comparing Facebook – the largest social media platform in the world, to cigarettes, tech entrepreneur and billionaire Marc Benioff continued his tirade against the social; media platform in an interview with NBC News.   "I've been saying this now for a while... You look at...

A program that would see victims of human trafficking getting behind-the-scenes jobs at its stores has been launched by Apple Inc.   Such victims would be mentored to pass interviews for jobs such as a caretaker or landscaping among others by an NGO which is partnering with the US tech...

Investments in bikes, scooters, freight and food delivery business was cited to be the reason behind a more than a billion dollar net loss by the ride hailing company Uber for the third quarter.   Despite still being privately owned, Uber has been published its quarterly performance and...

Japan’s SoftBank Group is set to launch an the initial public offering for its domestic telecom operations on December 18 this year, the Japanese firm is hoping to raise about 2.4 trillion yen ($21.1 billion) from the IPO.   In a statement issued by the Japanese technology group on Monday,...

The North American business is expected to be doubled for India-based motorcycle brand Royal Enfield by this year and is also setting its eyes to become a dominant player in the middleweight bikes category in the market. This is a market segment that is also being eyed by Harley-Davidson Inc which...

Apple Inc’s attempt to gain market share in the 1.3 billion market of India seems to be slipping and for good reason. The US tech giant recently brought down its revenue forecast for the complete year of 2018 primarily because of anticipated lower sale in emerging markets – mainly India.  ...

A drop in sale in Western Europe forced the German sportswear and fashion firm Adidas to reduce its target for revenues for the entire year of 2018 even though the company also simultaneously increased its profit forecast for the same period on the basis of increased sale of its top-end sports...

Following reports in the media on Monday that Apple Inc is set to stop increasing of production lines dedicated to its new iPhone XR, there was a fall in the stocks of the iPhone maker’s Asian supplier and assembler on Tuesday.   While there was a 5 per cent drop in the stocks of...