Business

Tesla wants to “accelerate the world’s transition to sustainable energy,” according to its mission statement. The Palo Alto, California-based automotive and energy company’s future has garnered the attention of not only its product consumers or investors who hope to make fortune from the proceeds of rare innovations but the world at large. Of course, everyone wants to witness what holds ahead of the world’s most promising energy revolution. However, the future of Tesla in a fundamental outlook depends on the company’s short/long-term...
Wing, the Google X moonshot project which graduated to become an independent Alphabet company in July 2018, is all set to soar in Europe. Today, it announced an ambitious plan to deliver goods and packages of up to 1.5 kilograms (approx. 3.3 pounds) in a 10 kilometers radius (6.2 miles) in the spring of 2019 in Helsinki. Wing is also launching a page to take suggestions on what might be most in demand to deliver by drone. This will be the company’s first attempt to spread its wings in Europe. It has run four separate trials co...
Apple Inc. Chief Executive Tim Cook predicts that government regulation of the tech companies to protect personal data are “inevitable.” In an interview for Axios on HBO, Cook said he expected the US Congress to bring some level of regulation. Tech companies should brace themselves for upcoming regulations and it’s not inherently a good versus bad situation. He also said that the Silicon Valley must be aware that their products can be misused. “This is not a matter of privacy versus profits, or privacy versus technical innovation. T...
Google yesterday announced a new feature for Google Maps that will let you chat with businesses you find on the Maps. The Google Maps new feature – business messaging – is now available to Android and iPhone users on the left-hand slide-out drawer as a “message” button you can use to message businesses you find in Google Maps. It is the latest effort from the search giant to participate in instant messaging after failing to impress users with Hangout, Allo and RCS chat. Businesses that want to participate will need to install the new...
Alphabet’s self-driving startup Waymo has started charging passengers for rides in its autonomous cars in Phoenix, making the company the first self-driving car manufacturer to launch commercial services, reports FT. The robotaxi service is not yet in a wide-scale, according to the report. But close to it – Waymo is only working out the charging modalities before the final launch that would be open to passengers in the service location. Waymo had increase the number of participants in its “early rider” program which the company ...
For many years now, cell phone chipmakers have been on a race to miniaturize 5G components in order to win the biggest market quota when the devices become available. That race is still on. Today, Qualcomm announced that it has reduced its 5G millimeter wave antennas by 25%. As one of the top telecommunications equipment companies, Qualcomm 5G antennas are expected to feature massively in early 5G smartphones. Qualcomm revealed QTM052 millimeter wave antennas (first Qualcomm 5G antennas) to the public earlier in July. The world’s f...
The protection of Internet-connected systems, which primarily include data, software, and hardware, from cyber attacks – cybersecurity is the most recognized challenge facing the world’s largest social media company – Facebook. This has piled more challenges for not only Facebook but other tech companies in the internet space in the form of fiercer scrutiny measures and regulatory approach from varied commissions to ensure data protection of internet users. In an effort to override its damaged reputation in data protection, Faceboo...
As Facebook faces more scrutiny over serial scandals triggered by privacy violations, election meddling, and fake news, the social media giant has hired former UK deputy Prime Minister Nick Clegg to head its global affairs and communications, reports Reuters. With the appointment, Clegg, who was deputy to David Cameron for five years (2010 to 2015) and a former leader of Liberal Democrats Britain, will become the first senior European politician to have a leadership role in Silicon Valley. The hiring process was closely supervis...
Samsung Electronics Co. announced on Wednesday it has acquired Barcelona-based network analysis firm Zhilabs to enhance its 5G capabilities. The South Korean conglomerate did not disclose the terms of the deal, which marks its first announced acquisition in new technologies since Samsung Group pledged in August a $22.23 billion investment over the next three years in growth areas such as artificial intelligence, 5G, electronic components for future cars, and biopharmaceuticals. Founded in 2008, Zhilabs’ flagship product is Customair,...
Instagram founders, Kevin Systrom and Mike Krieger announced on Monday their exit from the parent company, Facebook Inc. The pair, reportedly, decided to leave due to soured relationships with Mark Zuckerberg, Facebook’s CEO, over the vision for Instagram. “We’re planning on leaving Instagram to explore our curiosity and creativity again,” Systrom said in a prepared statement posted on the Instagram blog. “Building new things requires that we step back, understand what inspires us and match that with what the world needs; that’s what...