Apple could face substantial tariffs on its import if the company refuses to manufacture its products in the United States. Apple insists that America is not an ideal location for production because of several factors like the absence of an efficient framework, high expenses, and unskilled labor.
Russia has blocked LinkedIn. The decision was taken because the Microsoft firm was found guilty of data laws violation.The decision was approved by a Russian court to secure the data of Russian internet users.
Adobe has been fined $1million for a security data breach which occurred in 2013. The breach affected nearly 500,000 users as their data was stolen. The State of North Carolina will be the biggest beneficiary from the award. It is believed that users across 15 US states had their data compromised during the cyber attack.
In yet another move to compete with rival Snapchat, Facebook has acquired a tech startup that specializes in facial recognition. The company known as FacioMetrics was founded by Carnegie Mellon students, and it uses machine learning algorithms that allow smartphones to analyze faces in real-time.
Google has confirmed its plans to build its new headquarters in London. The project will entail £1 billion investment and is expected to generate 3,000 jobs by 2020. The plan was first floated three years back. The announcement is likely to be seen as a vote of confidence for Brexit.
Microsoft has officially unveiled its Black Friday 2016 deals for its Surface, Xbox and Windows 10 devices.
In a surprising move, Snap Inc. has confidentially filed for an initial public offering. The parent company to Snapchat is looking to raise as much as $4 billion, which would put the company's value between $25 billion to $35 billion. The result would make it the biggest United States stock market debut in two years.
ClickSend, which is well known for its online SMS and SMS marketing features, has expanded its service by adding a new list of products and services including international MMS, Email, voice calls, fax messaging, and post mail.
Nissan Motor Co. and Renault SA have big plans to employ hundreds of software engineers as the allied automobile makers are focusing on developing cars that have the features of smartphones. Both auto makers are interested in developing services for connected cars that would provide users access to the Internet and provide information about nearby attractions or landmarks.
he world's largest chip maker has announced that Intel Capital has invested $38 million in 12 start-ups at the annual Capital Global Summit in San Diego, California. The summit brings together thousands of entrepreneurs, business luminaries, and investors who are focused on shaping the future of technology.
