Friday, October, 18, 2019 03:29:47

Contribution By Saif Bepari


Boeing outsources 737 Max development to low paid sub-contractors

Boeing, an American multinational aerospace company based in Chicago has reportedly been accused of outsourcing software development to low paid sub-contractors, making as less as $9 per hour from countries lacking aerospace background – such as India. The announcement comes along the heels of the …

Fisher-Price pulls out 71,000 infant inclined-sleeper accessories

The American Academy of Pediatrics restricts the use of inclined sleeper as it may prove to turn fatal. The New York- based toy manufacturing company, Fisher-Price along with the US Consumer Product Safety Commission have reportedly recalled 71,000 inclined-sleeper accessories for kids. In a statement …

Apple buys self-driving start-up Drive.ai just days before it lays off

The tech giant has bought autonomous vehicle start-up Drive.ai The start-up had raised $77 million in venture capital at a valuation of $200 million. The deal validates Apple’s continued interest in autonomous vehicle technology. Apple Inc., the American multinational technology company recently announced that it has …

Verimatrix, moTV.eu secure Mongolsat Networks’ DVB-S Delivery services

Mongolsat network deploys modern broadcast video system enabled by VCAS for DVB Hybrid which expands subscriber reach Verimatrix, leading company for connected devices and services, and moTV.eu recently announced that they would jointly secure the DVB-S delivery services being offered by Mongolsat Network. Verimatrix Video …

SimonsVoss Technologies & Morphean ink new Europe partnership deal

The partnership would be leveraging SimonsVoss’ expertise to extend the cloud-based capabilities of Morphean The deal would allow Morphean to enter the ACaaS market, which is slated to attain a $2.8 billion valuation by 2024. SimonsVoss Technologies GmbH, (SimonsVoss), a pioneering Allegion group brand, has …

Bird Rides Inc. acquires San Francisco-based Scoot Networks

Bird Rides Inc., the Santa Monica-based electric scooter rental company, has reportedly announced to have acquired Scoot Networks Inc., a San Francisco headquartered company. As per trusted sources, Scoot Networks has raised a total funding of $47 million, its largest funding round being in October …

Volkswagen exits deal with self-driving car software startup Aurora

Volkswagen, the German automotive manufacturer recently announced having ended its partnership with self-driving car software company, Aurora. The announcement came on the heels of previous announcement by Aurora to develop autonomous platforms for commercial vehicles in collaboration with Fiat Chrysler Automobiles, report sources. Volkswagen’s spokesperson …

BMW and JRL collaborate to develop next gen electric drive units

Tata Motors-owned Jaguar Land Rover automotive recently announced to develop next generation EDUs (electric drive units) in collaboration with BMW Group, the German multinational auto manufacturer. The collaboration will support the two companies’ technological advancements in ACES (autonomous, connected, electric and shared) mobility future solutions, …