As pressure on the industry rises amid government spending cuts to survive an era of cheap oil, construction company Saudi Binladin Group has laid off 50,000 staff, a newspaper reported on Friday. According to its LinkedIn page there are more than 200,000, people working in the Binladin which is one of Saudi Arabia’s biggest firms…
Officials in India have banned daytime cooking in some parts of the drought-stricken country in a bid to prevent accidental fires that have killed nearly 80 people even as the sizzling temperatures have claimed more than 300 lives this month in India. After accidental fires exacerbated by dry, hot and windy weather swept through shantytowns and…
As yet it available only for Puma sponsored teams and athletes For some having a coach’s voice near you is good enough to keep you motivated to do one more lap of jogging, while others prefer something more physical than just a mere voice prepping you up for your run. For those who fit in…
With this move, despite all odds, Musk has broken new grounds for SpaceX. With Elon Musk’s long standing efforts to be in the same footing as Lockheed Martin and Boeing vis-à-vis the U.S. military, his sheer persistence seems to have finally borne fruit: SpaceX has finally managed to snag a contract from the U.S. Air…
The sheer size of Africa’s poaching crisis is exhibited by an overpowering display. Several dozen men have circled a site in Nairobi National Park and have carried huge elephant tusks from shipping containers and build them into towers of ivory up to 10 feet tall and 20 feet across for the past week. For some…
Following a surge in prices sparked fears of a boom-and-bust cycle and with the aim of controlling speculative trading activity, China’s securities regulator ordered the country’s major commodity futures exchanges to take steps, reports Reuters quoting sources. Major institutional investors were ordered to rein in their trading by commodity futures exchanges in Dalian, Shanghai and…
The Fathom Neural Compute Stick provides neural network capability for the masses. The fact that deep learning vide neural networks needn’t be exclusive to a massive data centre. Chips from Movidius have in fact made that crystal clear: their utilization in the DJI’s latest drones which can navigate while avoiding obstacles and in FLIR’s new…
Vector Space Systems will specialize in launching microsatellites. Two founders of SpaceX have created a rocket startup which will specialize in putting microsatellites into orbit. Vector Space Systems has announced $1 million in angel investment to build launch vehicle systems specifically designed to put microsatellites into orbit. It is currently developing its first rocket –…
Researchers from Tuft University discover that cancer can not only be stopped in its tracks, but the growth of these tumours can be reversed as well. With researchers making the discovery that our cells and genes are sensitive to light, the field of optogenetics came into being. Optogenetics has been effectively used to treat a…
Sidewalk thinks smart cities should be built from the ground up keeping technological innovations in mind. Although NY’s idea of having internet access on its city streets is a step in the right direction, Google’s sister concern, Sidewalk Labs has given the concept a whole new meaning with its vision of transforming a neighbourhood into…
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