To prevent derivatives clearinghouses’ failure from wreaking havoc throughout the financial system, the European Union plans to give authorities sweeping powers to tackle ailing the clearinghouses. Rules on saving or shuttering clearinghouses that would apply to firms such as London-based LCH, have been laid down in the draft EU legislation, reported the media. From the powers…
Analysis firm IHS Markit argues that Google’s latest Pixel smartphone could risk antagonizing manufacturers reliant on the software and android may be the dominant smartphone operating system (OS) but “it’s not invincible.” Pixel and Pixel XL – a smart home hub called Google Home, a virtual reality (VR) headset, Wi-Fi routers and a new version…
Not only is VRC’s solution more precise, it can also render the scan in under 2 minutes. Airports, gaming business and fashion houses could significantly benefit from this technology. These days, 3D scanners come in all shapes and sizes with the bigger one commanding a heftier price tag. While earlier full body scanning solutions needed…
Henrik Fisker has once again given tall claims and is short on facts and figures. Let’s hope his battery tech is a breakthrough. With the automobile industry heating up, it isn’t surprising to see Henrik Fisker back in the news. Fisker Inc. (different from Karma Revero) is the latest venture from this talented designer. Bloomberg…
Just at the time that the Swiss engineering firm ABB was rebuffing investor calls to split up its business, Microsoft announced Tuesday that it was expanding its strategic partnership with the company. With a slew of headlines from the multinational corporation which operates in robotics, and power and automation technologies, it was a busy day in…
IBM is of the opinion that the mass market would soon be hit by the so-called Internet of Things (IoT), which is essentially plugging computer sensors into factories, cars, shops and offices to help them operate more smartly on the industrial Internet. IBM’s industrial Internet business has surged to 6,000 paying customers from 4,000 at…
Although the car starts at $27,100, you can avail federal tax credit. Although Toyota’s latest entry into the plug-in hybrid car market is the Prius Prime, but unlike its name, the car manufacturing company has been nice enough not to charge a heavy premium for it: in the U.S. the Prime will set you back…
Although civilians can buy it, Chevy is eyeing the military with the Zh2. While the recent launch of automobiles have focused on regular folks, Chevy’s latest model is targeted at not only eco-conscious civilians but the military as well. Chevy’s Colorado ZH2, is in fact an experimental truck designed to test the feasibility of fuel…
Within the next decade HIV may not pose such a serious threat as it does now. In the battle to conquer the HIV virus, researchers have typically focused on preventative medicine and ways to suppress it, however, British researchers have however taken Robert Frosts proverbial road less travelled and have inched towards a probable cure.…
The power generated by the tiles will not only power the square’s fountain but also the electrical needs for its public toilet. In a development that could potentially increase the onset of solar energy in our lives, Solar Roadway has installed its first solar tiles in Sandpoint, Idaho, as part of a public test. The…
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