Markets

This is Why Most iPhones Will No Longer Be Available in China

This is Why Most iPhones Will No Longer Be Available in China After being granted their first request, the company is now reportedly asking Chinese regulators to issue an injunction banning the sale of Apple's newest phones, including the iPhone XR , XS, and XS Max, while their legal battle rages on. [Full Article...]

British company may take over Trade Me

British company may take over Trade Me Hellman & Friedman also put in a non-indicative offer last week for NZ$6.45 a share, which Apax has now matched. Since Apax's initial $6.40 offer, Trade Me shares had risen from $5.10, to trade up 4.25% yesterday around $6.38. The scheme implementation agreement was released yesterday and requires approval from Trade Me's shareholders, the High Court and the Overseas Investment Office. [Full Article...]

Toyota recalls 70,000 vehicles in North America to replace air bag inflators

Toyota recalls 70,000 vehicles in North America to replace air bag inflators The inflators could explode and shrapnel could harm drivers and passengers. But it can deteriorate and burn too fast, blowing apart a metal canister. Toyota and Lexus brands have issued a new safety recall on vehicles that were already called back because of issues with Takata airbags. [Full Article...]

China raises stakes in dispute by detaining two Canadians

China raises stakes in dispute by detaining two Canadians Their cases will fuel suspicions China is retaliating against Canada's arrest of Meng Wanzhou, the chief financial officer of Chinese telecom giant Huawei , at Washington's request on allegations related to breaking Iran sanctions. "They've got their hostage and hopefully they'll let him go very quickly", said Zweig, a professor of Chinese politics at Hong Kong University of Science and Technol... [Full Article...]

Prototype charging station lets you drive 100km on a three-minute charge

Prototype charging station lets you drive 100km on a three-minute charge According to the consortium, the controller automatically adjusts the performance to deliver only what a auto can take. In each case the charging capacity provided automatically adjusts to the vehicle's maximum permitted charging capacity. The biggest hurdle automakers face with the adaptation to electric vehicles is not range but charge time. They will also show, or better tell how powerful the c... [Full Article...]

Apple Eyes Austin For New $1B Campus; More Expansions Announced

Apple Eyes Austin For New $1B Campus; More Expansions Announced It also plans to invest $4.5 billion in data centers like those in Nevada, North Carolina, and Arizona this year and next. This is part of the company's pledge to expand domestically. Apple defended itself in its Thursday announcement by noting that the company now employs more than 90,000 people in all fifty states, including 37,000 at its Cupertino facility. [Full Article...]

Plane turned around after human heart found on flight

Plane turned around after human heart found on flight A Southwest Airlines flight with service scheduled from Seattle to Dallas had to turn around after the crew discovered a human heart had been left onboard. But no Seattle-area hospitals claimed to be involved, according to the paper. Spokeswomen for regional organ-procurement organizations in Washington and California both said they never use commercial flights for heart transplants. [Full Article...]

Virgin Galactic headed into space for the first time

Virgin Galactic headed into space for the first time Richard Branson , Virgin Galactic's founder, was at the launch watching with a crowd of spectators. "And then we will be in space with myself in months and not years", he continued. The tragedy spurred critics of space tourism who have deemed such projects irresponsibly risky. It has taken Virgin Galactic a while to get this point. [Full Article...]


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