SoftBank has signed a USD 2.8 billion deal to acquire a 40 percent stake of Norwegian warehouse automation company AutoStore. The new has been confirmed by AutoStore on its website. The deal is a new addition to the string of investment into robotics and e-commerce over the past few years. As part of this deal, […]

Boeing has some new hurdle in delivering newly produced 787 Dreamliners. The Federal Aviation Administration (FAA) has tightened scrutiny and stated that it will inspect 787 Dreamliners planes itself. This means that the work to inspect four 787 Dreamliner planes will not be delegated to Boeing. The move comes after the production issue was noticed. […]

Tech mogul Elon Musk has changed his official title at Tesla. Tesla is an electric car company. It is based in California. The company is owned by technology enthusiast Musk. Musk has changed his title to Technoking. The revelation was made in the latest filing by the company with the US and Securities and Exchange […]

At a time when the hospitality sector is on the path to recovery, Blackstone Group Inc. and Starwood Capital Group have decided to purchase hotel owner and operator Extended Stay America Inc. They will spend around USD 6 billion on the deal. The two private equity giants are hopeful that the industry will brighter as […]

Global Telecom Power Systems Market: Types, End Users, Growth Rates and Revenue Shares, and Forecast from 2020 to 2029 is a recently produced report by Market.US. The global telecom power systems market is projected to reach a value of US$ 9.7 Billion in 2029, from a value of US$ 3.1 Billion in 2018. The global […]

A Federal Judge has approved a USD 650 million payment settlement by Facebook. The lawsuit had claimed that the company violated Biometric Information Privacy Act. It said that the social media giant created and stored scans of users without seeking their permission. The lawsuit was filed in Cook County Circuit Court in 2015 by Chicago […]

Linear bearings are used in a plethora of industries as it is needed to allow for a smooth range in motion in the movement of cargo over a particular distance. Loads that need not be moved in a straight line and usually implements either a pad, bushing or roller system to operate. One can say […]

A senior manager has filed a lawsuit against Amazon alleging it of practicing discrimination in the hiring process. The lawsuit alleged that the company deliberately paid Black employees, including her, less than what it pays to their White counterparts. Charlotte Newman has joined the list of current and former employees of the tech giant that […]

Automotive turbochargers are widely used in automobiles, coupled with increasing awareness among individuals pertaining to fuel efficiency are major factors influencing the growth of automotive turbocharger market. Stringent emission regulations by government authorities is expected to raise demand for automotive turbocharger in the near future. However, declining demand for diesel vehicles is expected to hamper […]

Jaguar has revealed its plan to become an electric-only brand from 2025. The announcement has been taken as part of the ‘Reimagine’ strategy of Jaguar Land Rover. However, the company said that it will become a zero-emission company only by 2039. The company is giving a major push to electrification as it believes this is […]

Patrol boat, also known as patrol vessel, patrol craft, or patrol ship. It is a type of naval ship, however smaller in size, and designed specifically for defense duties on coast lines and coastal areas. Patrol boat is operated by a coast guard, police force, nation’s navy, as well as customs for border security management […]

A Musical Instrument Digital Interface (MIDI) controller is a software or hardware that both produces and transmits data to MIDI-enabled devices. They don’t have the capability to produce sound by themselves, instead, they have an interface that an artist can cue. They are used to control sound and the parameters of a musical performance. Once […]

Toyota Motor Corporation has announced that it will be launching three all-electric vehicles in the United States in 2021. Without revealing the names of the models, the automaker said that two of the vehicles it will launch will be fully electric. Third-one, the company said, will be a plug-in hybrid. This is part of the […]

Electrical insulation papers are materials with pure cellulose content that render them with electrical insulation properties. These papers are primarily used for high voltage engineering applications. What makes them ideal for applications such as these are due to factors such as high mechanical strength, petite size, and superior resistance properties. The growing demand for electricity […]

Coronavirus pandemic has batter the aviation industry and companies are doing various things to stem losses. In a bid to do the same, Rolls-Royce has announced that it will shut down its jet engine factories for around 14 days in the summer to contain costs. This is the first time in the history of Rolls […]

BFS is a technique used to produce liquid-filled small-volume and large-volume containers. This technology was originally developed in Europe and is in high demand from end-use industries in the region. BFS technique is highly adopted in the pharmaceutical industry for parental preparation filling and requires minimal human intervention. Blow-Fill-Seal is used in parental preparations filling […]

Amazon has announced its plan to expand the tech hub in Boston and this will generate 3,000 new jobs. The new hiring will be focused on roles like Artificial Intelligence, technology, and software development roles. The company will also hire people for Human Resources and finance department. These hirings will be done over the next […]

It has been a tough year for the aviation industry because of the coronavirus imposed lockdown. Full-fledged services are yet to resume and this has resulted in huge losses to airlines. One such airline is United Airlines Holdings which has recorded a loss of USD 7.06 billion in the year 2020. The loss is almost […]

The United States has asked Australia to do away with proposed laws under which Google and Facebook will be made to pay media outlets for taking their content. Under the proposed laws, Australia has shown its intent to make these US tech giants pay local media houses for using their news content or face fines […]

Taco Bell has already made big announcements related to its menu. They brought smiles to the faces of several fans of the fast-food chain. We are just halfway through January and the company is giving some more reasons to its fans for smiling. Taco Bell has announced that it will be bringing back potatoes to […]