Amara Raja Batteries Limited (ARBL), a company that specializes in automotive and industrial batteries (listed as BSE: 500008 and NSE Code: AMARAJABAT), said two years ago that it will expand its emphasis beyond batteries to cover the larger energy and mobility industry. With the official name change to Amara Raja Energy & Mobility Limited (ARE&M),…
Mercedes announced in January at CES that it would be the first automaker to receive SAE certification for a Level 3 driver assist system. That was made clear on Thursday when the automaker said that its Drive Pilot ADAS (automated driver assistance system) now meets Nevada Chapter 482A, which says that autonomous vehicle technology can…
Spotify no longer produces Car Thing, a dashboard add-on that made it simpler to operate the streaming service on your phone while driving. The choice cost the business €31 million (about $32 million USD), according to the company’s most recent financial statement, which made the announcement inconspicuously. According to the press statement, “our decision to…
Toys “R” Us is making a significant comeback after being written off for dead. For the holidays, the toy store brand will be present almost everywhere. In the next months, Toys “R” Us will have a presence in every Macy’s (M) in the US as a result of an expanded partnership with the parent company…
After 85 years, Kraft Macaroni and Cheese is changing its name. According to the company’s announcement on Wednesday, the name Kraft Mac & Cheese is “meant to reflect the way fans organically talk about the brand.” In August, packaging with the new name will be available. Customers will also notice that the box has undergone…
The WWE and its board of directors announced on Friday that CEO Vince McMahon is stepping down from the business side of the company while an investigation into an alleged hush-money payment to cover up sexual misbehaviour is performed. After taking over for his father in 1982, when the firm was known as the World…
With its Galaxy Z Flip and Fold phones, Samsung presently dominates the foldable market and has been instrumental in propelling the category ahead. With foldables’ growing popularity and the form factor on the cusp of becoming mainstream, it’s no surprise that Huawei, Honor, Motorola, Xiaomi, and Oppo (shown above) have all experimented with them. Vivo…
App for stock trading On Thursday, Robinhood issued a dismal revenue forecast for the first quarter of 2022, citing a drop in active users in its most recent earnings report. In after-hours trading, Robinhood’s stock dropped 15%. The newly listed brokerage expects revenue of less than $340 million in the first quarter, down 35% from…