GE opens war chest of 1.4 billion for acquiring Arcam and the SLM Solutions Group
GE set to consolidate its lead in the 3D printing business by these planned acquisitions.
‘Historic’ Oil Market Cooperation Agreed Upon by Saudi Arabia and Russia
The much awaited stabilization of the global crude output can now happen after a joint statement and a possible agreement between top oil producers Saudi Arabia and Russia at the G-20 summit in China on Monday, said media reports. According to Russian news agency Interfax, the joint statement stressed on the recognition by both Russia…
Waning Arab Influence Results in Japan, Israel Upgrading Relations
In influence Arab oil suppliers have on Japan’s decision-making is decreasing as Japanese executives are increasingly drawn to investments in Israel as the price of oil falls and. Riding on the back of a visit by Prime Minister Shinzo Abe to Israel in 2015 and Benjamin Netanyahu’s trip to Tokyo in 2014, Japan and Israel…
Researchers from the University of Michigan build a biological laser
The tool can play a significant role in removing malignant cells from our bodies. In a medical breakthrough that has made what was once science fiction now a science fact, researchers from the university of Michigan have developed a medical observation laser where human blood is a key component. Much to their amazement, when the researchers…
AMD begins shipping its 7th generation desktop processors
If you are in the market for a new CPU and don’t want to invest in a solar plant for your computing needs, do give AMD’s 7th generation A series CPU a try. Desktop processors got a shot in the arm with AMD shipping its 7th generation A-series desktop CPUs. Armed with 4 Excavator cores, these…
LG discloses its strategy of investment aggressively into robotics
It wouldn’t be surprising to see LG launch robotic home appliance products in the near future. Although Korean tech giant, LG, has earlier dabbled in robotics, with its vacuum cleaner being a janitor and a security guard, it now appears to be wanting to take the plunge and commit to the long haul. LG has…
Daimler’s lineup could include 6-9 electric cars
These could include, plugin-hybrids, compact cars and sedans. Daimler sure is stepping up to the plate. It appears that Daimler has ambitious plans on taking on Tesla over the future of luxury electric cars. Citing anonymous sources who are familiar with the matter at hand, Reuters understands that Daimler plans on bringing “at least” six…
The dangerous shift of a cashless society: shouldn’t we be looking into it?
A very important economic transformation is under way, and it seems voluntarily to be placed at a stratospheric level, with stakeholders carefully keeping the subject away from public opinion. Several types of players are even favorable to such an economy. But the implications are many, and not all are good. A close scrutiny of the…
Sale of Boeing fighters to Qatar, Kuwait Set to be Approved by U.S.: Reuters
The United States may start notifying U.S. lawmakers as early as next as it is poised to sell $7 billion worth of Boeing Co fighter jets to Qatar and Kuwait after years of delays. The Reuters reported this citing information gathered from four U.S.- and Gulf-based sources familiar with the matter. Amidst concerns raised by…
HP Enterprise and Thoma Bravo in talks to sell the Former’s Software unit: Reuters
With the hope that a deal can fetch between $8 billion and $10 billion, Hewlett Packard Enterprise Co (HPE) has got in to talks with buyout firm Thoma Bravo LLC to sell its software division, reported Reuters citing people familiar with the matter. After its separation last year from computer and printer maker HP Inc,…
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