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Tesla shifts from Nvidia to Intel chips for Infotainment

Tesla shifts from Nvidia to Intel chips for Infotainment

According to Bloomberg, the giant screens provided in Tesla Inc. (NASDAQ: TSLA) vehicle models will now be powered by Intel Corp. (NASDAQ: INTC) chips instead of the current Nvidia ones, said sources familiar with the matter.Sources are saying that ..

Amazon to Open Mega Warehouse in Mexico

Amazon to Open Mega Warehouse in Mexico

Amazon.com, Inc. (NASDAQ: AMZN) is preparing to open a mega warehouse near Mexico City that will be 1 million square feet to help boost Mexico’s e commerce industry. The warehouse is to be built in the Tepotzotlan municipality about 25 miles n..

Bitcoin Crashes After BTCChina Halts Trading

Bitcoin Crashes After BTCChina Halts Trading

On Thursday, Chinese bitcoin exchange BTC China announced that they will halt all trading from September 30. This decision was based on Chinese authorities’ concern over investment risks involved in cryptocurrencies and ordered a ban on initia..

Bitcoin Falls as China is reported to Shut Down Local Exchange

Bitcoin Falls as China is reported to Shut Down Local Exchange

The price of bitcoin fell over 6 percent on Friday after a report said China’s regulators plan to shut down the nation’s digital currency exchanges.According to a report from local Financial outlet Caixin, the Chinese authorities plan to..

Ambarella, Inc. Share Down After Quarterly Earnings Report

Ambarella, Inc. Share Down After Quarterly Earnings Report

Ambarella, Inc. (NASDAQ: AMBA) shares down more than 20% after the semiconductor company reported second quarter results of fiscal year 2018 July 31, 2017. Ambarella is focusing on development of low-power, HD and Ultra HD video compression and imag..

Sony Reported Strong Q1 Earnings

Sony Reported Strong Q1 Earnings

This week, Sony Corp (NYSE: SNE), the Japanese electronics and entertainment giant, reported its financial results for the first quarter ended June 30, 2017.According to the company, operating profits for the first quarter increased to $1.43 billion..

PepsiCo. Quarterly Profit sees Growth and Exceeds Expectations

PepsiCo. Quarterly Profit sees Growth and Exceeds Expectations

To combat the falling demand for its products and stagnant sales volumes, PepsiCo Inc. (NYSE:PEP) decided to charge higher prices and cut expenses. It proved to work out as PepsiCo Inc.’s quarterly profit beat Wall Street estimates and boosted..