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Chrysler’s big fine

Chrysler’s big fine

America’s largest auto manufacturer can afford it. Fiat Chrysler has been slapped with a huge 105 million dollar fine. It is, to date, the largest known fine handed out by the NHTSA. While the fine is justified, it also beggars belief. It has to be remembered that America’s traffic safety authority is punishing the manufacturing giant for the bungling of millions of product recalls of their vehicles mainly for safety reasons. Chrysler’s punishment includes the repurchase of over five hundred thousand pickup trucks manufactured over a number of years towards the end of the last decade. The steering mechanisms of…

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How one billionaire puts his money where his mouth is

How one billionaire puts his money where his mouth is

Tesla Motors’ founding CEO Elon Musk has acquired over eighty thousand shares in the company. At this stage it may be small change for Musk, but for the ordinary investor it is a fortune. Musk grabbed the shares while they were trading at an average of $242.00 and worth $20,000,000.00 overall. Musk’s move is noteworthy and indicative of the faith he places in his own company. Deutsche Bank and Credit Suisse have both rated the Tesla stock as a ‘buy’. They also have a target objective in mind, setting the share price near $300 in the short term. Something is…

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Counter-blocking ad blockers

Counter-blocking ad blockers

There is a concern that free internet use will be adversely affected by the increased use of ad blocking software. Unless users are sitting in a public library, municipal offices or utilizing the mall’s free Wi-Fi service, the internet is not and never will be free. Somewhere some body or another is paying for the service to be used by millions around the world. One of the users’ benefactors is the advertising industry, particularly the advertisers who aggressively pepper the web pages with ads that users continue to bypass in order to view their chosen material. The popular software being…

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Windows 10 upgrade will not affect Microsoft financially

Windows 10 upgrade will not affect Microsoft financially

Microsoft is not having sleepless nights about their free Windows 10 upgrades, which are being rolled out across the world. The company is saying that this roll-out will have no financial impact on their bottom line. By reporting massive losses, the tech giant has forced tech and financial analysts around the globe scratch their heads; according to those experts, either this ‘free’ upgrade is not free or someone else is paying for this. Ultimately the Windows 10 upgrade is not free. It is free in the usual marketing sense when a salesman tells his unwitting customer, after barging his toe in the front…

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Regulations hold back Apple

Regulations hold back Apple

The USA’s most valuable company is delaying its television streaming service due to issues with licensing. Their current projection is that they will now go live next year. This means that Apple’s plans of launching its new service this fall have been scuppered. It could, however, turn out to be a blessing in disguise because it simply means that the tech giant now has more time to prepare. For ordinary folks, a year could be a long time to wait, but time does not stand still for Apple. The tech giant may now delay the release of their exclusive iPhone 6s, which was originally…

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Apple’s strength is in its diversity

Apple's strength is in its diversity

Apple continues to surge ahead of the tech pack. They remain the world’s most valued company. They are ahead of the game where new innovations and product packages are concerned. They are also ahead of companies when it comes to human diversity and employing minorities in the male-dominated Silicon Valley. Apple says that it has hired sixty-five percent more women during the past year. Nearly 50% of the folks the company has hired to date are women. Also, black, Hispanic and Native American staff enrolments are up. It also helps that Apple’s chief executive officer is part of a minority group….

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Google’s chops and changes

Google’s chops and changes

Sundar Pichai is Google’s new CEO. Young calm and casually dressed, he does not resemble a prototypical CEO. However, he is, after all, the boss of the world’s leading search engine company. While Google’s founding CEO Larry Page steps down as company boss, Pichai has been elevated to his new position on merit. No young gun, Pichai has been with Google for over ten years already. On face value, colleagues never saw him as their potential boss. This perception was in spite of him being one of the few product managers and a driving architect on the Chrome project. The creation…

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Google is pleading to revoke users’ rights

Google is pleading to revoke users’ rights

Earlier, French website and internet data authority CNIL ruled against Google’s rejection of users’ rights. The ruling made it imperative for the Mountain View, CA-based tech biggie to remove records from Google Search. It affected Google’s search engines across the globe significantly. Here, it must be mentioned that this is neither a technical glitch nor is it the fault of the affected users or European courts and regulatory bodies. Google’s concern, not revealed publicly, may be that the rulings against it may affect their business globally and not just in a handful of European countries where these rulings have been made. The…

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Costly new toys from the house of Microsoft

Costly new toys from the house of Microsoft

New customers will be paying more to use Microsoft. This is not unusual when companies procure losses due to poor boardroom decisions. In spite of Microsoft’s bad call on a Scandinavian mobile phone legend the software giant is still proceeding with its launch of the Lumia 950 XL. The world has come to know about the impending launch from leaked images of the new handset. Previous and regular users of Microsoft products have some surprises to look forward to. Previously, they could play their DVDs on their PC’s for free. Now, they won’t. Users who have already begun their ‘free’…

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NVIDIA rakes in huge amounts of revenue thanks to GeForce sales

NVIDIA rakes in huge amounts of revenue thanks to GeForce sales

After the success of Kepler, leading manufacturer of graphics processors NVIDIA has replicated the same amount of success thanks to its GPUs manufactured on the company’s Maxwell architecture. While the company was successful with the sales of its GeForce GTX products, NVIDIA was not able to repeat the same act with its Quadro, Tesla, and Tegra products, which have been manufactured on the same architecture. Coming to the statistical data, GeForce GTX product sales increased 51 percent year-over-year. In total, the company was able to rake in $959 million USD of revenue during the second quarter of 2015. The aforementioned…

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