On Monday, Ericsson entered into a $6.20 billion all-cash agreement to acquire Vonage, a cloud communications firm. Accordingly, this move mirrored the efforts of the telecom gear maker in broadening its 5G portfolio worldwide. In addition, the deal, one of the most significant engagements of Ericsson, came after the $1.10 billion purchase of Cradlepoint last …
Ericsson Acquires Cloud Firm Vonage in a $6.20B Deal Read More »
On Friday, Chinese automaker Xpeng unveiled its new G9 electric sports utility vehicle (SUV) amid the rising competition in the market. In the third quarter of 2022, the company plans to launch the G9 SUV in China. Additionally, it is the first car of Xpeng equipped with Xpilot 4.0, it’s advanced driver-assistance system (ADAS). This …
On Thursday, Baidu announced its plans to launch its driverless taxi service in 100 Chinese cities by 2030, ramping up its autonomous driving ambitions. At present, the Chinese internet giant operates its Apollo Go robotaxi service in five local cities. Interested users can hail an autonomous car via an application. Subsequently, Baidu hopes to widen …
Baidu Plans to Launch Driverless Robotaxis in 100 Cities Read More »
On Wednesday, Microsoft Corporation announced that it would move to one annual update for Windows 10 instead of twice a year. Accordingly, this subtle yet significant shift would minimize the frustration that customers experience. In addition, the tech giant unveiled the Windows 10 November 2021 Update, better known as version 21H2. Consequently, this covers stronger …
Microsoft Shifts to Annual Updates for Windows 10 Read More »
On late Monday, JPMorgan Chase & Co. filed a lawsuit against Tesla, seeking to recover $162.20 million. Accordingly, the investment bank sued the electric vehicle maker as it failed to make a contractually required payment related to warrant transactions. In the complaint, JPMorgan expects Tesla to deliver shares or cash if its stock goes beyond …
Tesla Receives a $162M Lawsuit from JPMorgan Chase Read More »
On Monday, Toyota Motors chased its hydrogen dream as it raced an experimental car around the Okayama International Circuit. Accordingly, its chief executive officer Akio Toyoda steered around the colorful Corolla Sport. The vehicle uses a converted GR Yaris engine operating on hydrogen. Remarkably, the commercial viability of the power plant could maintain internal combustion …
On Thursday, Japan’s Subaru revealed its first-all electric car, Solterra, the outcome of a two-year joint development agreement with Toyota Motors. Accordingly, the launch came amid the rising demand for electric vehicles (EV) as regulators worldwide tightened environmental directives to reduce carbon emissions. In line with this, the technological change from the traditional internal combustion …
Subaru Reveals Solterra, its First-All Electric Car Read More »
On Thursday, Chinese e-commerce giant JD.com smashed its last year Singles’ Day record as it racked $48.60 billion in sales on its platform. Accordingly, the stated figure referred to the transaction volume, the amount of money operated on its platform. In addition, it does not equate to the company’s revenue, still it reflects the increased …
JD.com Racks Up $48.70 Billion in Sales on Singles’ Day Read More »
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