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Tesla Motors Inc could be looking at a huge setback on its Gigafactory plans as Chinese battery suppliers are looking to reduce battery cost by 35%-40% in 2017 while still making a profit, as per a Morgan Stanley analyst. Tesla Gigafactory may not serve the purpose Morgan Stanley analyst Shawn King said, “According to Gaogong Industry…
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In response to complaints about calendar spam in iPhones and iPads devices, Apple Inc. said that it has started working to fix the issue. The U.S. tech giant has apologized to customers who has received calendar spam, according to a report from 9to5Mac. Many iCloud users, mostly from the United States, are noticing unwanted invites…
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As part of its major global expansion plans, Alibaba Group Holding Ltd subsidiary Alibaba Cloud is opening four new data centers by the end of 2016. The new centers – located in the Middle East, Europe, Australia and Japan – will bring total number of the company’s data centers network to 14, serving key economic…
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Are people wasting their money on Apple Inc.’s new iPhone 7? A report by equity analyst UBS suggests that this is true. Evidently, an overwhelming number of people surveyed around the world hold low opinions about the iPhone. UBS’s report shows a mere 20 percent of 6,500 people surveyed believe the iPhone is worth the price…
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Tesla Motors Inc CEO Elon Musk spoke to the Hollywood star Leonardo DiCaprio on the topic of climate change while taking a personal tour of the Gigafactory in the National Geographic documentary “Before the Flood.” Musk told DiCaprio that the fossil fuel industry is the largest industry in the world, and they have more influence…
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Amazon.com, Inc. (NASDAQ:AMZN) has a problem: fake. As the online retail giant combats fake reviews and counterfeit items, Amazon now has to handle a new issue: counterfeit CDs. A new study suggests that one-quarter of the CDs sold on the website are fake. This is a massive problem for both Amazon and those who are…
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Amazon.com, Inc. has filed lawsuits against three sellers for buying fake reviews for their products on the company’s e-commerce portal. The sellers, operating on Amazon.com, include two sellers from the United States and one from the European Union. According to a report from Tech Crunch, the e-commerce giant found that the defendants created fake reviews…
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While it feels pretty good to consistently pick stocks that shoot to the moon, the reality is that most investors will have both aggressive hits and misses in their portfolios over time. Some will swing and miss more often than they should. Further, if you are looking in the right sector but fail to pick…
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Facebook Inc got the cold shoulder from the Indian government earlier this year when Mark Zuckerberg decided to take his Free Basics initiative into India. The Indian Telecom Regulatory Authority decided in February that Zuckerberg’s Free Basic idea was against the ideals of “net neutrality”. However, India’s richest man, Mukesh Ambani has just rolled out…
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The Tesla Motors Inc brand has become so strong and popular that it is being placed on pills. Tesla-branded pill is getting around the club scene spreading from the UK to Germany. The pill contains 240 mg of MDMA, and that is a potentially deadly strength. MixMag and The Drive spotted the warning issued by…
