While it is best known in the United Kingdom as a global manufacturer of vacuum cleaners, Dyson is moving into the field of electric cars and this UK firm has chosen Singapore to be its hub for the manufacture of its new electric car.   It will be later this year that the foundation for the...

All of the cars that would be used through the app of the ride hailing company Uber in London would be electric cars by 2025, said the US firm on Tuesday.   This was announced by the CEO of the company Dara Khosrowshahi along with an announcement of a $260m Clean Air Plan during his visit to...

Microsoft is linking the compensation to be paid to its CEO Satya Nadella with the performance of LinkedIn which the tech company had purchased two years ago for an amount of $27 billion which is the costliest acquisition of the company so far in its history.   The amount of money that...

Facebook will now have a new global face in the form of Nick Clegg, the former deputy prime minister in the U.K. under David Cameron, who would be the new boss overseeing the communications and global policy of the largest social media platform.   The role of this new recruit in the company...

Alphabet Inc’s Google is setting a new arrangement for its licensing system after the European Union this year deemed one of its licensing mechanisms to be anti-competitive. Under the new system which has been reported in the media quoting sources, Google will up to $40 per device from those...

The intentions of the largest retailer of the world Walmart is now clear with its second acquisition of a firm that is focused on apparel – its strong intent to dug deeper into the online market for fashion. The retailer is set to acquire online lingerie retailer Bare Necessities.  ...

The largest car market in the world seems to have slowed down – and foreign car manufacturers are feeling the brunt.   There was a 43 per cent drop in sale for Ford in the Chinese market for the month of September compared to the same month a year ago, indicating the situation in the Chinese...

JPMorgan Chase & Co. reported a significant increase in its profits (24 per cent year-on-year) for the third quarter driven by a lower bill for taxes and the increased rates of interest in the United States, thanks to the US Federal Reserve for raising interest rates three times this year...

The machine-learning based recruiting engine of Amazon.com reportedly does not like women. This was discovered recently by its artificial intelligence specialists.      This machine learning program was being developed by Amazon’s experts 2014 and is designed to examine resumes of...

The international Monetary Fund has warned that the risks that are already building up in the global financial system could go out of hand is there is an escalation of the trade spats.   The IMF's latest Global Financial Stability Report states that there is however a sense of complacency...

Alphabet Inc’s Google us apparently making a global launch for its Pixel smartphone as it organized 10 simultaneous media events throughout the world for the same as the company also launched its first tablet computer and a new Google Home smart speaker. Analysts now expect the company to...