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 […]
Tesla installed 100-megawatt battery in Australia Read More »
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
Chipmaker Marvell Technology to purchase Cavium for $6 billion Read More »
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
Tesla Inc unveils a new $200,000 Tesla Roadster upstaged its own debut of an electric heavy duty truck on Thursday. With a dramatic entry, a red Roadster pulled out of the big rig’s trailer. Tesla CEO Elon Musk said that the new $200,000 sports car would be the fastest production car ever. This surprise wowed
The maker of Pokemon Go Niantic Inc. has revealed that it is working on a Harry Potter-themed game, in which players would find and fight fantasy beasts in real-world neighbourhoods in the smartphone game. The previous game by the company Pokemon Go had about 45 million daily players at its peak and generated more than
Pokemon Go creator to introduce Harry Potter game soon Read More »
HTC launched its all-in-one VR headset called the Vive Focus. This VR headset is having a unique feature. It does not need to be connected to a computer or use a phone’s screen to show images. There is no specification given by the company about the availability of the VR headset in the market nor
Jim Hackett made his first bold move after getting on-board Ford as a CEO, announcing a $750 Million Factory in China to build electric vehicles. The company is working with a new Chinese partner, Zotye, and together they will invest 5 billion RMB (about $756 million) for the new 50-50 jointly owned factory, which will
Ford to build $750 Million factory in China to build electric vehicles Read More »
Hewlett Packard Enterprise (HPE) an American multinational enterprise information technology company, compiled with a defense agency of Russia’s request to review a cybersecurity product. This product is also being used by Pentagon for their security purposes. The Russian defense agency appeals to review the product in order to let the product gain access to the
Russia reviews Hewlett Packard Enterprise’s software used by Pentagon Read More »
On Wednesday, Wal-Mart Stores Inc. announced that it had bought Parcel to become able to provide same-day delivery to the customers in New York City. Parcel, Brooklyn, NY-based company offers last mile and same day delivery in metro New York for online retailers such as Bonobos. The company also has partnerships with several e-commerce, grocery,
Walmart Buys Parcel to Offer Same-Day Delivery in New York Read More »
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