Amazon will spend more than $3 billion for Amazon Prime music and video content. With a 54 million members in the U.S., Amazon Prime wants to increase customers spending to boost its revenue following a downtrend.
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New Mexico sues Volkswagen over violation of clean-air state laws and trade malpractices
New Mexico has become the first US state to sue the German automaker, Volkswagen, for breaching the Clean Air Act with huge levels of emissions as well as for trade malpractices. The allegation is the company sold as many as 4000-10000 faulty models whose nitrogen-oxide emissions exceeded the limits by 40%, which could cost VW almost $20 billion in fines.
US could cut CO2 emissions via reasonable energy transformation
The United States could reduce its greenhouse gas emissions from power production sector within the next 15 years by raising their investment in renewable resources like solar and wind, according to study findings.
Integrated with IFTTT, BMW becomes first car to upgrade its autopilot services
BMW becomes the first car to integrate a unique free feature into its vehicles, the IFTTT (If This Then That) services. This feature provides its customers with a host of personalized services through a newly built platform called BMW Labs. The customers are now able to automatically open garage doors while pulling into the driveway. They can send auto-alerts to spouse upon picking up kids from school, and even get the exact location of the parking spot in a Google Maps link.
Toyota Sports Car: Toyota Previewed New S-FR Concept in Tokyo Auto Salon 2016
The Japanese car maker again previewed its S-FR concept, first introduced on October last year. The new model has seen some changes and improvements compared to last year's. It is believed that the production will start this year and the affordable sports car would be available in the global markets.
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This new model is believed to be a cheaper and smaller version to the current iPhone 6 generations. Some physical features would follow the iPhone 6 generations, but the size would be similar to iPhone 5 generations. iPhone 5SE could be an alternative for people who would like the latest features but prefer smaller devices.
Russian ruble is decreasing and hits all-time record low against dollar last week. Starting this week, the currency started its way to recover and reach 10- day high.
Over 250,000 drone owners registered their remote-controlled aircraft during the first month of the aviation agency's online registration system. The fresh set of rules came out after pilots complained about the drones flying near them.
Virtual Reality has started to attract more developers. Game Developers Conference revealed a survey showing that more game developers are working on VR prior to the event next March.
The program aims to provide limited internet access to users, but the concept has raised concerns regarding internet neutrality. The Telecom Regulatory Authority of India has asked Facebook to discontinue the service until they provide more information on the program as requested. Facebook has responded with a campaign, but the program's ban has not yet be lifted.
Many venture capitalists like Chamath Palihapitiya prefer to park their funds in Amazon as the online retailer is forecast to grow over a decade. The reason is that it's not because of e-Commerce operations, but its cloud computing unit Amazon Web Services (AWS). Many companies will eventually pay a fixed fee to Amazon as they increasingly rely on cloud computing services to run their services.
Microsoft and Google find it difficult to follow Apple. The two companies are starting to produce their own hardware, which unfortunately are still far from what Apple has. Microsoft is criticized for its Surface Book Laptop, while Google has received hard reviews on its Google Pixel C tablet. It seems that Microsoft and Google are following Apple in the hardware business.
Najib Razak has been cleared of corruption case of over $681 million as the money is a 'gift' from Saudi royal family. According to the Attorney General Apandi Ali, the sum in prime minister’s personal bank account has no link to troubled state fund 1MDB.
China's President Xi Jinping and his Iranian counterpart Hassan Rouhani enter a new era of cooperation between two countries. In their meeting on Saturday, both countries agreed to expand trade to $600 billion in the next 10 years and bilateral cooperation.
