January 6, 2015 2:32 pm
The Co-Chief Executive Officer of Samsung Electronics Co., Yoon Boo Keun, revealed at the Consumer Electronics Show that all companys products are planned to be internet-ready within half a decade. The company, currently the largest TV manufacturer worldwide, has focused on the expanding businesses of smart homes and vehicles. Yoon Boo Keun said in the […]
Read moreJanuary 6, 2015 1:03 pm
Toyota Motor Corp announced on Monday it will grant access to its 5 680 fuel-cell vehicle-related patents to automakers around the world without asking for a royalty fee, as a part of a plan to popularize the technology. The decision was made public at the Consumer Electronics Show in Las Vegas and follows rival Teslas […]
Read moreJanuary 6, 2015 10:34 am
Daimler AG unveiled its visionary Mercedes-Benz F 015 concept yesterday at the Consumer Electronics Show in Las Vegas, shaking up the traditional usage of cars. The all-electric, fully self-driving vehicle is not only a tool for transportation, but also a luxury lounge on wheels wired with all kinds of top-tier electronics. “We see cars widening […]
Read moreJanuary 6, 2015 10:31 am
HTC Corp. reported a profitable third quarter on the back of its first quarterly revenue growth in more than three years as new mid-range handsets helped offset competition from other companies high-end models and cheap devices from Chinese rivals. The Taiwan-based smartphone maker stated that fourth-quarter sales increased from NT$42.9 billion a year ago to […]
Read moreJanuary 6, 2015 8:46 am
The largest social network in the world, Facebook Inc., announced that it had purchased a voice-recognition start-up, which can “turn speech into actionable data”. The acquisition is considered part of a strategy that could provide the company with more data for better-targeted ads. According to the companys statement officially released by a spokesperson, the start-up, […]
Read moreJanuary 5, 2015 3:49 pm
BP is expected to report a significant loss in the fourth quarter for its stake in Russias Rosneft as performance was hurt by plunging oil prices and weaker ruble. Marking its first loss in Russia, BP is on its way to report a Rosneft loss of up to $750 million, City analysts projected. The negative […]
Read moreJanuary 5, 2015 2:02 pm
Hewlett-Packard Co. is entering the 2015 International CES tech trade show in Las Vegas with the presentation of three new types of displays. The new companys products include curved displays, virtual reality displays, and 4K and 5K high-definition displays. The Director of commercial displays in the company, Ann Lai, said in a statement, cited by […]
Read moreJanuary 5, 2015 1:16 pm
NASDAQ OMX Group Inc is buying private Dorsey Wright for $225 million in line with the exchanges plan to diversify its business. “We see ourselves as a major player in the index space,” said Adena Friedman, president of global capital access, technology and insights at Nasdaq, cited by the Financial Times. “We believe this is […]
Read moreJanuary 5, 2015 10:53 am
The Allied Pilots Association union approved American Airlines final offer late Saturday and paved the way for an immediate 23% pilot wage hike. After the unions board agreed to the five-year deal, which also include an annual increase, the accord is now set to be voted later this month by the unions 10 000 American […]
Read moreJanuary 5, 2015 10:18 am
The China Automobile Dealers Association announced that Bayerische Motoren Werke AG agreed to pay 5.1 billion yuan ($820 million) to its distributors located in China. The payment will be used to cover their losses after the retailers stopped making orders for cars from the manufacturer. According to the statement of Deputy Secretary General of China […]
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