Category: Business
All about business, finance, investment, and market news.
Porsche Taycan Users To Get 3 Years Of Charging For Free
Porsche declared this week that users of the Taycan, its forthcoming electric car, will get 3 years of charging free of cost at Electrify America charging stations all over the U.S. The promotion will offer a limitless number of charges 30-minute long. Electrify America manages over 184 stations in 17 metro regions and 300 highway…
Read MorePaytm Acquires NightStay To Make An Entry In Hotel Booking Sector
Paytm, the digital payments behemoth, has officially obtained NightStay, a last-minute hotel booking service. The development arrives 6 Months after media reports recommended the possible acquirement. The deal symbolizes re-entry of Paytm into hotel booking sector. Previously, it was led by Nitin Misra, who is now managing Digital Gold and Consumer Lending departments at Paytm.…
Read MoreHelloSign, An E-Signature Software Company, Acquired By Dropbox
A software developer for sharing and syncing files within the cloud, Dropbox, agreed to purchase HelloSign in cash for $230 Million to include tools for digitally signing documents and contracts. HelloSign, whose over 80,000 customers comprise Lyft and Instacart, will stay an autonomous business. Already, the San Francisco-situated firm had a solution for use in…
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High Instability Of Cryptocurrency Prompting Investors To Go With Gold Investment
Bitcoin fortune has been ended now, leading to the extreme downfall of its value. In the past three weeks, the cryptocurrency value has not been able to pop above $4,000, and around one year before, the cryptocurrency was being traded at above $12,000. Jan Van Eck—Van Eck Associates’ CEO—said that under such circumstances of the…
Read MoreSony Europe Shifts Its Legal Base From UK To Amsterdam Over Brexit Woes
Japanese electronics giant Sony has announced that it is shifting its European base from London to Amsterdam and has blamed the Brexit uncertainty for the sudden move. This move brings out the fears about Brexit among large Japanese corporations in UK which are among its major investors and their move will adversely affect the economy…
Read MoreVolkswagen Invests In The Automotive Industry Of Ethiopia
The Volkswagen brand remains committed to emerging markets in sub-Saharan Africa. In the existence of Frank-Walter Steinmeier, President of the Federal Republic of Germany, a Memorandum of Understanding was inked by Thomas Schaefer, head of the sub-Saharan African region, Volkswagen, and the Commissioner of the EIC (Ethiopian Investment Commission). In the last 10 Years, GDP…
Read MoreUnion Pacific Announces Solid Fourth-Quarter Results But Points To Job Losses
Union Pacific Corp. announced a record $1.55 Billion or $ 2.13 a share for the fourth quarter of 2018. For the same period in 2017, the railroad reported in Omaha, Nebraska, adjusted rates significantly higher of about $7.3 Billion, or $9.25 per share. The company said that the significant dissimilarity amid the figures for the…
Read MoreRamsgate Won’t Be Prepared Before No-deal Brexit
The counselor dedicated to the harbor area has confirmed that the Port of Ramsgate will not be ready for extra ferry services in the no-deal Brexit event. A contract worth £13.8 million has been given to the Seaborne Freight so the freight services run smoothly to and fro Ostend and Ramsgate in case of no-deal…
Read MoreTCL And Roku Brainstorming On 8K HDR TV Launching This Year
TCL, which has proved itself as an incredible super TV maker, is designing an 8K TV in association with Roku, its software associate. The firms declared the project this week and claimed that the first 8K TCL Roku TV is planned for roll out by the end of this year. “Roku is creating an 8K…
Read MoreVerizon Claims It Will Not Roll Out Fake 5G Logos Similar To AT&T
Verizon claims that it will not lie to users about whether their handset is linked to a 5G network, as AT&T has fundamentally began to do. “We will not take an old handset and just modify the software to covert the 4 into a 5 in the status bar,” claimed Kyle Malady, at Verizon chief…
Read MoreAll-Electric Car By Infiniti Will Be Inspired By This Ostentatious Concept
Infiniti last year at North American International Auto Show in Detroit showed up with a low-slung, wild, futuristic car that seemed to come out of a villain’s garage from sci-fi movie. The oddest thing about that EV, although, was that the far-out concept was not electric. Rather than touting the future that parent firm Nissan…
Read MoreMicrosoft, Kroger Compete Amazon With The Next Gen Grocery Store Project
Tech giant Microsoft has tied up with grocery chain Kroger to provide competition to Amazon’s grocery store with their futuristic pilot project which will provide cashier-less store facility to customers. The partnership is something of a response to Amazon’s foray into grocery supplies business after it acquired Whole Foods in 2017. The retail business of…
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