TikTok Shop Makes Triumphant Return to Indonesia After $1.5 Billion Investment
In order to revive its online retail operation in Indonesia, social networking app TikTok has partnered with GoTo, a major player in the country's technology sector.
Dec 11, 2023 06:40 AM EST
Twitch to Pull the Plug on South Korean Operations Amidst Mounting Costs
Due to excessive operational expenses and network fees, Twitch, the streaming division of Amazon, said on Tuesday that it will cease operations in South Korea in February of the next year.
Nokia Stumbles After Losing AT&T, Shares Hit Three-Year Low
Nokia's stock fell to a three-year low after the telecom giant missed out on a significant agreement to launch a new network in the United States alongside AT&T, the industry titan.
Tesla's Cybertruck: High Price Could Dampen Enthusiasm for Electric Pickup
The starting price for Tesla's long-delayed Cybertruck is $60,990, which is more than 50% more than what CEO Elon Musk had advertised in 2019 and a price that experts predict would appeal to a privileged few.
Latest News
Samsung Presents Smart Fridge That Can Order Groceries
Samsung introduces its smart fridge in CES 2016 that starts this week. The Samsung Family Hub refrigerator can order groceries for you.
Jan 06, 2016 03:18 AM EST
Free WiFi kiosks will be installed in New York
A consortium backed by Google will start to replace old public telephone booth with a free WiFi kiosks starting today in New York. According to the plan, a total of 7,500 free WiFi kiosks will be installed through out New York when the project is completed.
Jan 06, 2016 02:43 AM EST
Yahoo logs off video service Yahoo Screen
Yahoo has closed down its video content service Yahoo Screen. The US traffic to Yahoo Screen fell 28 percent during the past two years. As the ad revenues didn't take off, Yahoo has written down $42 million on Yahoo Screen.
Jan 06, 2016 03:07 AM EST
Fiat shares slid after Ferrari parts ways with it
After the separation, Fiat Chrysler is focusing on its €48-billion investment plan to 2018. It'll also revamp its brands Alfa Romeo, Jeep and Maserati. Ferrari made its debut trading in Milan after listing on Wall Street in October 2015. Analysts opine the road ahead for Ferrari may not be smooth as the capital intensive car maker with small volume can sustain the high valuations.
Jan 06, 2016 01:28 AM EST
Lenovo's New X1 Line Major focus is Flexibility
Lenovo introduced new products to its X1 line at the CES 2016. Some of the notable products include the X1 Yoga, the X1 Tablet, and ThinkCentre X1 Desktop.
Jan 07, 2016 06:53 PM EST
Faraday Future's FFZero1 Concept Car: Looks Futuristic, but Can't Run
At the 2016 CES, Faraday Future startup company unveiled its electric concept car, the FFZero1. The eccentric looking car has a smartphone embedded in the steering wheel and will be built on a chassis that could, hopefully, be used in other lines of Faraday cars.
Jan 07, 2016 01:37 AM EST
Boeing bags $855-mn contract for T-38C logistics support
Boeing Co has bagged $855-mn contract from the US Air Force. Boeing will offer avionic component integration and contractor logistics support for T-38C aircraft. The duration of the contract is 10 years and works are scheduled for completion by January 2026.
Jan 05, 2016 08:10 PM EST
LG to Display Its Roll-Up Flexible OLED Screen in CES 2016
Korean electronic giant, LG is to display its paper-thin OLED screen in CES. Its new flexible display technology is a a flexible and rollable screen.
Jan 05, 2016 07:47 PM EST
After Qualcomm, Intel Dives Into Drone Through Acquiring Former Partner, Ascending Technologies
Intel has announced acquiring German drone maker, Ascending Technologies on Monday. All the existing 75 employees of the latter concern are going to be offered position in the new dynasty. Not only that, Intel has also pledged commitments to extend support to the existing customers of the acquired entity.
Jan 05, 2016 07:36 PM EST
Tesla Car Caught Fire in Norway While Charged
Tesla Motors started 2016 with an incident. In Norway, its Model S was caught fire while being charged last Friday.
Jan 04, 2016 10:25 PM EST
Enter the Movi: The Live Streaming Camera that has 9 Cameras in 1
Livestream the company, will be releasing their Movi camera in April. The camera, called Movi, will allow consumers up to 9 different virtual camera angles to capture live performances and talks and edit them in real time.
Jan 06, 2016 08:02 PM EST
Researchers in Taiwan Fly a Drone Using Body Movement
Researcher in Taiwan invented a way to fly a drone using body movement. It utilized the motion sensor in AppleWatch to control and pilot a drone.
Jan 04, 2016 04:39 AM EST