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DHL and Fortigo Freight Services Inc ordered Tesla’s electric truck

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DHL and Fortigo Freight Services Inc, one of Canada’s largest fleet management companies has announced that they had pre-ordered Tesla Inc’s electric truck unveiled earlier this month to test on limited routes. High-profile logistics and transportation customers like fleet operator J.B. Hunt and retailer Wal-Mart Stores Inc has also announced orders for the Tesla Semi […]

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Doubts over extending output cuts made the Oil prices fall

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Oil falls on doubts over extending output cuts showing a surprise rise in U.S. crude stocks. Doubts over extending output cuts made the Oil prices fall yesterday. There were doubts that the OPEC and Russia will agree on extending a crude production cut that the market has already priced in, and after a report of

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Singapore plans to add driverless buses on the roads by 2022

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Singapore is planning to add driverless buses on its public roads by 2022. The government plans to pilot in three new neighbourhoods which will have less-crowded roads designed to accommodate the buses. The buses will be used to help residents travel in their communities, and to nearby train and bus stations. Singapore hopes driverless technology

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Facebook plans to open a “community hub space” in Nigeria

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Facebook is making plans to open a “community hub space” in Nigeria next year to encourage software developers and technology entrepreneurs and become the latest technology giant to pursue a training program in fast-growing Africa. The U.S. social giant said the center would host an “incubator program” to help develop technology start-ups, while it will

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Samsung Electronics to create an artificial intelligence (AI) research center

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Samsung Electronics Co Ltd disclosed in a statement about its plans of creating an artificial intelligence AI research center and strengthen an executive role to look for new business areas for all its three major business groups. Further, in a statement, Samsung Electronics said that the minor changes to the Samsung Electronics’ business structure were

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Tesla installed 100-megawatt battery in Australia

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Tesla has finished installing the world’s biggest lithium-ion battery. The company plans to switch it on over the coming days. The 100-megawatt battery in South Australia is designed to provide security to the state’s electricity grid. It will store enough energy to power 30,000 homes for about an hour. Elon Musk, Tesla’s chief executive had

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Bitcoin breaks record smashing through $8,000 for the first time

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Bitcoin breaks all its previous records smashing through $8,000 for the first time! For the first time over the weekend Bitcoin is marking an almost 50 percent climb in just eight days. This record has been attained after leading U.S. payments company Square Inc said late last week that it had started allowing select customers

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Chipmaker Marvell Technology to purchase Cavium for $6 billion

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Chipmaker Marvell Technology Group Ltd has announced that it would buy smaller rival Cavium Inc for about $6 billion, as it seeks to expand its wireless connectivity business in a rapidly consolidating semiconductor industry. All this has come out after the shares of Marvell were down 0.8 percent to $20.14, while Cavium was up 7

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Volvo to sell 24,000 self-driving cars to Uber

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Volvo to sell 24,000 self-driving cars to Uber. This a big move made by Uber, marking the transition of the U.S. firm from an app used to summon a taxi to the owner and operator of a fleet of cars. This deal could offer San Francisco-based Uber a way to overcome setbacks at its autonomous

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Apple postpones release of its HomePod smart speaker

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Apple has postponed the release of its HomePod Smart Speaker until 2018. As per the electronics giant, the device still needed development work. The HomePod was due to be released in December this year. Apple is expecting that the HomePod would be ready to go on shop shelves in the US, UK and Australia “early

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The Way to a Successful Business Goes through Successful Budgeting

Google reclaims its place as a default search in U.S. on Firefox, amazes Yahoo

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Google has reclaimed its place as the default search engine on Mozilla Corp’s Firefox, Internet browser in the United States and other regions amazing Yahoo by canceling its deal. In a statement given in media, Google confirmed the move but have not disclosed revenue-sharing terms of the agreement between two. Google’s growing spending to be

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