Sectors
Transportation: The FAA Warned Airlines that Lithium-Ion Batteries Could Cause Fire and Explosion in Airplanes
The FAA issued an official warning to airlines that lithium-ion batteries powering most mobile devices including smartphones are dangerous to be brought and transported in the aircraft’s cargo. The warning was stated following a series of study involving previous incidents involving lithium ion batteries overheating.
Intelligent Energy Teams Up With Smartphone Maker to Develop Hydrogen Fuel Cell Technology That Could Expand Battery Life to a Week
The British company formed a partnership worth $7.6 million to develop hydrogen fuel cell technology for smartphones. The technology would create a need to modify the hardware of the smartphone to manage the chemical reaction waste. Intelligent Energy stated that if all goes well, the new technology could hit the market in two years.
Company Lawsuit: Burberry Sued J.C. Penney for Selling Infringed Products Using Its Trademark Pattern
Burberry filed a lawsuit over the claim that U.S. retailer J.C. Penney sold infringed products. The retailer was accused of copying Burberry’s century-old pattern trademark and kept selling the product for up to two months after Burberry raised its objections.
Company Collaboration: Swatch Teams Up With Safilo to Design and Distribute Sunglasses Collection
Swatch will help design the sunglasses collection while Safilo will be in charge of production. The two companies will distribute the products in both their stores worldwide. The five-year agreement aligns with both the companies' strategic plan to create a new design concept.