Toyota is investing $500 million in ride-hailing firm Uber and expand a partnership to develop self-driving cars with Uber. The firm said this would include the large-scale manufacturing of independent vehicles that would be deployed on Uber’s ride sharing system. The deal…
In a crackdown on betting content, Apple has been blamed for inadvertently taking down applications from the Apple App Store Many developers via social media complained that their applications had nothing to do with betting and were still removed from the App…
New York becomes the first major city in the United States to pass the cap on cab car licenses and set minimum pay conditions for drivers. Popular application-based services like Lyft and Uber have both spoken out against it as they will…
Prince Alwaleed Bin Talal, a Saudi billionaire has taken a 2.3% stake in Snap, purchasing shares worth $250 million in the social networking organization. The venture came as the organization battles to establish investors trust in its Snapchat messaging app. The quantity…
Apple clearly has a gigantic amount of market clout now, however as far as influencing your portfolio is considered, the 1980s IBM is still the king. Apple just turned into a trillion dollar stock, so by its exceptional nature it is generally…
American International Group announced that their second-quarter benefit have fallen well short of what they had expected. The announcement made by American International group then started an after-hours sell off in its offers. Starting at 1621 hours, shares of American International Group’s…
To take care of costs identified with issues with the Rolls Royce Trent 1000 engine a charge of £554 million has been taken by luxury carmaker Roll Royce. Trent 1000 is the engine which is utilized on Boeing’s Dreamliner range of airplane,…
CEO of Tesla Elon Musk is confronting legal action in the midst of allegations over the business practices of his company. A former employee that Tesla blamed for sabotage has hit back with his own lawsuit blaming it for “dangerous and wasteful”…
For the first time in 3-years, Jaguar Land Rover has reported a loss after its sales have descended in China. Jaguar, which is owned by Tata Motors and is the biggest car firm in the United Kingdom, has blamed this hitch on…
Uber has said it will stop developing self-driving trucks to center its self-governing innovation exclusively around autos. Uber’s self-driving truck program began in 2016 with a team situated in San Francisco. The ride-hailing firm denoted the world’s first commercial shipment conveyed by…
