Auto makers want to make you a less distracted driver

Car companies are stepping up efforts to tackle the longtime problem of distracted driving by installing cameras and other monitoring technology in vehicles to detect when a driver’s attention wanders from the road. Volvo Cars VLVLY, -0.14% said it would start rolling out new eye-tracking devices across its lineup over the next few years, featuring cameras in cockpits to monitor motorists’ […]

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Auto, telecom to remain subdued in FY20: ICRA

Cement, steel sectors are likely to pick up Auto, auto components and telecom sectors are likely to remain subdued in financial year 2020 (FY20), while cement, construction and steel sectors are likely to pick in FY20, according to ICRA’s performance review and outlook for the Indian corporate sector. In the automobile sector, the demand will remain subdued for most segments […]

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Dropbox unveils workspace apps to take on Google, Microsoft

Dropbox Inc. radically revamped its software lineup Tuesday in a bold bid to take on Microsoft Corp. MSFT, -0.38%  and Google for supremacy in the market for productivity. The San Francisco-based company, which went public last year, introduced a new desktop workspace and updates to its website and mobile app to combine files, work software and employee data. It also […]

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PV sales at new low, sector seeks govt. help

Fall in wholesale numbers due to weak demand; producers forced to undertake inventory correction In the steepest fall in nearly 18 years, the domestic passenger vehicle sales declined by 20.55% in May 2019, prompting the industry to seek government support. The decline in wholesale auto numbers continued mainly due to weak consumer demand, forcing manufacturers to undertake inventory correction. The […]

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Photo site Shutterfly bought by Apollo for $1.74 billion

SAN FRANCISCO — Private equity firm Apollo Global Management is buying online photo publishing company Shutterfly for $51 per share. Apollo APO, +0.64%  will pay $1.74 billion for the 20-year-old company, which became popular offering its users prints and photobooks of their favorite shots. But demand for that type of service has declined as people opt to share photos online […]

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Oil steady as fate of output pact unclear, US-China trade war lingers

Oil market narrative changing: Stephen Schork The Schork Report publisher Stephen Schork discusses his outlook for oil. LONDON (Reuters) – Oil prices steadied on Monday as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade tensions continued to threaten demand for crude. Continue Reading Below Front-month Brent crude futures were at […]

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