Shell opens fast-charging service for electric vehicles

Businessam StaffOctober 18, 2017

Oil major Royal Dutch Shell has launched a fast-charging service for electric vehicles at three Shell service stations near London and in northern England, the company said Wednesday. The service, which charges most electric vehicle batteries from zero to 80 percent within half an hour, is the oil major’s first foray into fast-charging electric vehicles. […]

Court fines messenger Telegram $14,000 for refusal to share info with FSB

Businessam StaffOctober 16, 2017

A court in Moscow has fined the messenger Telegram 800,000 ($14,000) rubles for its refusal to provide information in response to a request from the federal security service FSB needed for decoding users’ messages, a source in the court said. “Telegram Messenger Limited Liability Partnership was found guilty under Part 2 of Article 13.31 of […]

Amazon is unveiling new gadgets ahead of holiday rush

Businessam StaffSeptember 27, 2017

Amazon.com Inc. will unveil new gadgets Wednesday at an event in Seattle, joining the rush of technology products vying for consumers’ attention as the holiday shopping season approaches. The online retail giant will hold a press conference at 10:30 a.m. local time at one of the company’s new buildings at its headquarters downtown. At the […]

Google shuffles top policy team amid ongoing EU antitrust row

Businessam StaffSeptember 19, 2017

Caroline Atkinson, an experienced diplomat Google hired last year to steer its global policy efforts, is stepping aside from that management role. Google confirmed her move but said it was an administrative change designed to place oversight of the policy role at its Mountain View, California, headquarters, and Washington-based Atkinson will stay on as chief […]

Google launches digital payments service in India

Businessam StaffSeptember 18, 2017

Google

Alphabet Inc’s Google Monday launched a localized payments app for India as it tries to gain a foothold in the country’s rapidly-growing digital payments space. India’s crowded digital payments market, expected to grow ten-fold to $500 billion by 2020, received a shot in the arm after Prime Minister Narendra Modi banned old high-value notes last […]

What to expect at Apple’s biggest event in years

Businessam StaffSeptember 11, 2017

On Tuesday, Tim Cook, Apple Inc. Chief Executive Officer will take the stage for the first time in the Steve Jobs Theater at its new campus. The location represents a new chapter for the world’s most valuable technology company, and the event will usher in a new era for the iPhone. For the first time, Apple plans to […]

Star India injects $192 million into digital content arm

Businessam StaffSeptember 6, 2017

Star India, a media company backed by Twenty-First Century Fox, has injected 12.33 billion rupees ($192.04 million) into its digital content arm over the last six months amid intense competition among online video providers in India. Through a rights issue, Star India infused the money in Novi Digital Entertainment Pvt Ltd, which runs streaming video […]

Alphabet’s Google acts to comply with EU antitrust order

Businessam StaffAugust 29, 2017

Google

Alphabet Inc’s Google said it will notify EU regulators on Tuesday on how it plans to ensure its search engine does not favour its own shopping service over rivals’. Google was hit with a record 2.4 billion euro ($2.9 billion) fine from the EU over the practice in June and has until midnight on Tuesday […]

Wal-Mart competes in online megastore, partners Google in voice-shopping market

Businessam StaffAugust 23, 2017

Wal-Mart Stores Inc is teaming up with Alphabet Inc’s Google to enter the nascent voice-shopping market, currently dominated by Amazon.com Inc, adding another front to Wal-Mart’s battle with the online megastore. Google, which makes the Android-software used to run most of the world’s smartphones, will offer hundreds-of-thousands of Walmart-items on its voice-controlled-Google-Assistant platform from late […]