Toyota ordered to compensate $3 million by US jury
Auto giant Toyota Motors might have to pay compensation of about $3 million for a defect in a Camry model. The defect in question...
Panasonic to cut 50 percent of workforce in chip business
Japan-based electronics manufacturer Panasonic is planning to reduce its workforce in the semiconductor business by 50 percent. This means that around 7,000 of its...
Samsung surpasses Apple in operating profit in Q2 2013
South Korean giant Samsung Electronics on October 21, 2013 surpassed Apple's operating profit share. The leading research institute Strategy Analytics stated that, despite shipping...
Bajaj Auto to release two Discover brand models
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Indian auto manufacturing giant Bajaj is all set to release two additional Discover brand models very soon. With the...
TripAdvisor launches TripConnect service for hospitality industry
Popular online travel website TripAdvisor has revealed TripConnect, which is the company's latest self-service platform. The new platform is intended for the hospitality sector...
US faces criticism from Seoul over ban on certain Samsung devices
The US President Barack Obama’s administration recently decided not to veto an import ban on certain Samsung Electronics' devices, which prompted a reaction from...
Chinese Spring Airlines to introduce flight to Taiwan
China-based low-cost carrier Spring Airlines Co Ltd announced that it will be opening direct flights from Shanghai to Kaohsiung starting from October 27, 2013....
Google set to bring YouTube to TV in India
Search engine giant Google is trying its best to increase YouTube usage among Indian consumers. With this is mind, the US-based company is discussing...
Samsung reports record profit in third quarter of 2013
South Korean giant Samsung Electronics announced an all-time high operating profit, which amounted to 10.1 trillion won ($9.4 billion) during the third quarter of...
Indian railways to increase passenger fares by 2%
In some bad news for the passengers, Indian railways have made the decision to increase fare and freight tariff by about 2 percent, starting...
