Takata downplayed air bag crisis and lost major investor because of it

How Takata Corp. handled their air bag crisis is the very reason why they lost one of their biggest investors, Sawakami Asset Management. In a statement published from Bloomberg News, Sawakami's fund manager, Takahiro Kusakari, said they could not help but feel Takata's management is not trustworthy.


The BMW i8 Spyder will be in production very soon, says CEO Harald Krueger

The BMW i8 Spyder was first seen as a concept in the Beijing Auto Show back in 2012, but now, CEO Harald Krueger said a production version of the car will be introduced very soon.

Apple joins Hour of Code project by using stores as classrooms to teach coding

This year, Apple is supporting the annual Hour of Code program by using all of its 468 stores all over the world as temporary classrooms teaching coding. Craig Federighi, Apple's senior vice president of software engineering, hopes to create a spark from this project among millions of children.

A Philippine judge clarified the ruling of his court, suspending the application of permits by prospective drivers

A Philippine judge clarified Saturday that the ruling of his court doesn't stop operations of ride-sharing companies, but only suspend the application of permits by prospective drivers.


Latest News

On Thursday, the new market forecast said that global smartphone sales growth will cool to single digits for the first time amid the China's economic slowdown. IDC predicted the 9.8% increase in global smartphones shipment to a total of 1.43 billion units. Android dominates the market share with 81.2% with Apple holding only 15.8%.
A news came into hearing from multiple sources that Apple has decided to introduce its next smartphone series, iPhone 6c on mid of 2016. The price of iPhone 6c is quite low, which is from $400 to $500. It is expected to have camera properties of that of iPhone 5s, with latest a9 chip and much.
Teva pharmaceuticals which is said to be the world's largest generic drug maker has joined hands with Takeda Pharmaceutical Co, for a definitive agreement to sell generic drugs in Japan.
A team at the University of Washington has published a study showing that it seems possible for robots to learn tasks and goals by watching and imitating human actions.
Armored vehicle maker INKAS unveiled an armored version of Mercedes-Maybach S600 luxury sedan. The armored S600 offers a bulletproof body that meets European CEN 1063 BR7 standards. The armored Maybach S600 will be on sale next year and priced at $500,000.
Ford recalls 450,000 Fusion, Mercury Milan midsize cars that the gasoline tanks possible can leak fuel.
China shows support to its long-time ally, Africa, by providing the continent funding support worth $60 billion.
Japanese startup aroma sensor developer Aroma Bit has appointed Batara Eto and Atsushi Tanaka as its advisors.
JPMorgan Chase has teamed up with On Deck Capital to accelerate the loan processing for the small business segment. On Deck Capital is an online provider of high-cost lending and will offer its technology platform for JPMorgan to speed up loan processing for its four million customers. JPMorgan will launch new Chase product in 2016 taking care of small-dollar loans.
The latest review by EY reveals that as far as mergers and acquisitions are concerned, the 3rd Quarter of 2015 was dominated by deals involving the Internet of Things. Each of the deal averaging USD1.2 billion in value.