LG Electronics said on Wednesday it is targeting KRW 100 trillion (roughly Rs. 6,33,791 crore) in sales by 2030 and plans some KRW 50 trillion (roughly Rs. 3,19,007 crore) of investment as the South Korean company announced its future strategy. It plans to become a global top 10 company in vehicle components by more than […]
Business & FinanceEnvironment 11 July 2023, 3:24 pm 1 minute Reuters exclusively reported that one of the world’s top insurers is considering a private sale or stock market listing of its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes. Market Impact AXA has been trying to reduce the […]
Amazon‘s $1.7 billion (nearly Rs. 14,100 crore) acquisition of robot vacuum cleaner maker iRobot may reduce competition and strengthen Amazon’s position as online marketplace provider, EU antitrust regulators warned on Thursday. The European Commission opened a full-scale investigation and will decide by November 15 whether to clear or block the deal. “We continue to work […]
Among the oldest names in the business of consumer-grade cleaning robots, iRobot made the news in 2022 after Amazon announced that it would acquire it, subject to regulator approvals. With that plan seemingly on track, iRobot continues to progress with its plans all over, particularly in India where it has now launched its latest and […]
Amazon’s Fire TV has evolved from being yet another media streaming player to a powerful platform that’s ready to harness the power of AI. Early Fire TV devices allowed consumers easy access to all major online streaming platforms. In 2023, Amazon offers a wide range of Fire TV devices across different price points, a dedicated […]
Business & FinanceDealsSports 02 June 2023, 7:34 pm 1 minute Reuters was first to reveal that Finnish entrepreneur Thomas Zilliacus is among the potential bidders for Chinese-owned soccer club Inter Milan. The report was especially timely as Inter prepare to face Manchester City in the Champions League final on June 10. Market Impact Inter were […]
Amazon Echo Pop was launched in India on Thursday. The latest arrival in Amazon’s Echo smart speaker lineup features the company’s voice assistant Alexa with support for controlling music playback, smart home devices, setting reminders, and keeping track of sports matches. It is powered by Amazon’s AZ2 Neural Edge processor that is claimed to provide faster […]
Big tech is going big on generative AI. Almost every tech product is set to add generative AI features in some form or the other. Amazon Alexa, the popular virtual assistant, is also getting its dose of conversational AI tools that can help accelerate the company’s vision to create a great AI-powered personal assistant. “It’s […]
CNN — Golf fans are accustomed to hearing a curling putt described as ‘snaking.’ What they are less familiar with, though, is the sight of a snake dangling off the end of a club. During the Wells Fargo Championship at Quail Hollow on Saturday, Rickie Fowler was on hand to provide a safe demonstration. Fowler […]
CNN — Walking up the final fairway at Quail Hollow on Sunday, victory all but assured, Wyndham Clark made a conscious effort to soak up all the sights and sounds around him. Moments later, the American tapped home to clinch the Wells Fargo Championship and his first ever PGA Tour title. “You only can win […]
