Category: Business

Japanese carmaker Toyota has said it’s pumping a half-billion dollars into US ride-hailing company Uber to develop self-driving vehicles. The investment will help both sides compete with market leader Google’s Waymo. An autonomous car is a vehicle that is capable of sensing its environment and navigating without human input…

Google is upping its game in the race for India’s fast-growing digital payments market. Tez is a mobile payments service by Google, targeted at users in India. It operates atop the Unified Payments Interface, developed by the National Payments Corporation of India. It can be used where UPI payments are accepted. Tez works on…

Tesla has clarified that is not going private. Tesla was founded in 2008 by a group of engineers and builds both all-electric vehicles and scalable clean energy generation and storage products. Tesla designed the worlds first ever premium all-electric sedan – Model S which has become the best car in its class in every category…

Tesla boss Elon Musk is considering taking the electric-car firm private, a move he believed was the “best path forward” for the company. If Tesla were taken private, it would be one of the largest such transactions in history – a deal worth more than $80bn, including the…

PepsiCo Inc announced on Monday that Indra Nooyi would step down as CEO in October after a 12-year long tenure. The company has confirmed that the current President Ramon Laguarta will take the role of CEO. PepsiCo, Inc. is an American multinational food, snack, and beverage corporation..

China lost its ranking as the world’s number two stock market to Japan. After a slump this week, Chinese equities were worth $6.09 trillion compared to $6.17 trillion in Japan. The history of China’s Stock Market is elaborate and complex, reaching back to the 19th century..

Apple shares hit a record on Wednesday, pushing the market value of the tech giant closer to the $1 trillion mark. Apple Inc. is an American multinational technology company headquartered in Cupertino, California that designs, develops, and sells consumer electronics..

Asian stocks struggled to gain traction on Friday, following a mixed end to Wall Street trade. The worsening Sino-U.S. trade dispute kept investors in the region cautious, despite signs of rapprochement between the US and Europe..

Facebook has taken down a number of pages operated by a right-wing Brazilian activist group Wednesday, cracking down on the spread of misinformation. The company’s stock prices have subsequently..

There has been growing interest in cobalt with its demand far surpassing supply as critical elements in batteries powering mobile phones, laptops, and even electric vehicles. Companies in the US are looking at developing local mines in order..