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For quite some time now, Microsoft Corporation has been rumored to have a Surface Phone in the works. Official confirmation of a smartphone joining the ranks of the Surface line-up is yet to be made. However, Microsoft has publicly admitted that it is pursuing the ultimate mobile device. For the widespread lovers of the Windows…
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Jason Wheeler has decided to step down as chief financial officer of Tesla Inc , according to a new filing. Wheeler, who was named as CFO in November 2015, informed the company about his decision on February 21, according to a document filed with the U.S. Securities and Exchange Commission filed on Tuesday. Wheeler’s resignation…
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Microsoft Corporation has launched a cloud platform for connected cars. In an official blog on Thursday, the Redmond-tech titan said that its Azure-based platform is designed to allow manufacturers build a custom connected driving experience. Microsoft Connected Vehicle Platform At the Consumer Electronics Show in Las Vegas, the company unveiled the Microsoft Connected Vehicle Platform,…
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Apple Inc. , the tech giant, has been defeated by Hewlett Packard and IBM by a big margin this year, as per a Forbes report. So far this year, the stock of IBM is up by 22.9%, HP Inc. is up by 33.61% and Hewlett Packard Enterprise is up 57.23%. Both HPQ and HPE are…
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Tesla Motors Inc ‘s recent acquisition of Grohmann Engineering – a German manufacturing automation specialist – comes at a time when an increasing number of Gigafactory competitors are springing up across Europe, says a report from GTM. Last month, the US firm announced the Grohmann deal after Swedish media said that its ex- supply chain vice…
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Lifelock Inc , which provides identity theft protection services for consumers and consumer risk management services for enterprises, has agreed to be acquired by Symantec Corporation in a deal valued at $2.3 billion. Under the terms of the deal announced on Monday, Symantec will pay $24 per LifeLock share. The deal was approved by the…
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Tesla Motors Inc enjoys a cult following among buyers of its EVs and you could be in for an earful if you offer any criticism of Elon Musk, Tesla, or its cars. Of course, Tesla fanboys also gripe and complain about things that could be improved but they’ll not take it lightly with an ‘outsider’ who refuses…
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Tesla Motors Inc announced that it has agreed to acquire Grohmann Engineering, an engineering company headquartered in Prüm, Germany. The automated manufacturing company, led by founder and CEO Klaus Grohmann, is regarded as one of the world leaders in highly automated methods of manufacturing. According to Tesla, Grohmann Engineering will be renamed Tesla Grohmann Automation…
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Billionaire Ron Baron is super bullish on Tesla Motors Inc , and believes that he can make 30 to 50 times his money on his investment in Tesla, over the next 15 years. The expert described the EV firm as “maybe the most interesting company” he has ever invested in his career of 46 years. During the Baron…
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Intel Corporation is making some exciting moves in order to get ahead of the IoT (Internet of Things) market. The company is also expected to release its next generation of desktop processors shortly after the new year. The public had gone without any official details until recently. This held a lot of speculation over chips…
