Ford Motor Company (NYSE:F) is betting on making India a hub for manufacturing small cars for domestic sales in India as well as for exports. Ford CEO Mark Fields opened a new $1 billion Ford manufacturing facility in the Western Indian state of Gujarat.
Gujarat is an industrial hub in India and adjoins the state of Maharashtra whose capital Mumbai, formerly known as Bombay, is the financial and Read more […]
Amazon.com, Inc. (NASDAQ:AMZN) has got the go-ahead from the Federal Aviation Administration (FAA) to test its drones but complains that the FAA is acting too slowly in giving the required permissions which might force Amazon to take its testing abroad.
The FAA granted Amazon the legal rights to test its Amazon Prime Air delivery drones outside but with restrictions including requiring the drone Read more […]
The next evolutionary stage of video is here as Twitter Inc (NYSE:TWTR) launches Periscope, a new iPhone-only app that lets users broadcast video live to the world. So, no more recording and then uploading of video to sites like YouTube, Vimeo or Daily Motion. Periscope, like its elderly sibling Meerkat, lets us all play broadcast journalists doing our own live shows.
The possibilities are mindboggling Read more […]
One of the main challenges for Tesla Motors Inc (NASDAQ:TSLA) is ensuring that it gets batteries on the cheap to power its cars and SUVs.
Battery prices have been falling from around $1,000 per kilowatt hour back in 2007 to about $400 per kilowatt hour now and they will continue to decline, according to a study in Nature Climate Change.
Tesla is investing $5 billion — along with Panasonic Read more […]
From being just a social media site where users share everything from updates, photos to news, Facebook Inc (NASDAQ:FB) wants to be the place where people go for news. Till now, clicking on a link shared by a news organization, say The New York Times, took you to their website; but Facebook wants people to read the news right there, inside Facebook.
This is clearly a move that will benefit Facebook as Read more […]
Apart from being the global public square for news and debate, Twitter Inc (NYSE:TRTW) is now also in the venture capital business, according to an article in tech publication Mashable. This is mostly welcome though Twitter still remains a loss-making business.
Twitter stock has never scaled the highs of $70.00 that it touched back in January of 2014 and the company continues to make extensive Read more […]