A laptop associated with a Vermont electric utility but not connected to the grid, a code associated with a broad Russian hacking campaign dubbed Grizzly Steppe by the Obama administration has been detected, the utility said. “We took immediate action to isolate the laptop and alerted federal officials of this finding,” the Burlington Electric Department…
Japan’s Toshiba is running out of fixes: it is burning cash, cannot issue shares and has few easy assets left to sell, even as it is faced with the prospect of a multi-billion-dollar writedown that could wipe out its shareholders’ equity. By announcing that cost overruns at a U.S. nuclear business bought only last year…
China plans to give a further boost to its economy by spending $503B on expansion of its railways. As China turns to investments in infrastructure to bolster growth and improve connectivity across the country, it plans to spend 3.5 trillion yuan ($503 billion) to expand its railway system by 2020. According to details released at…
With the potential to raise billions, social media firm Snap Inc may be the highest profile tech IPO planned for 2017. According to investment bankers and advisers who work on IPOs, little-known names such as Apttus, Tintri and Okta – could be just as important in thawing a long-frozen IPO market as more than a…
In a real-world scenario, a Model X installed with Autopilot 8.0 which had the system turned on, avoided a high speed car crash saving itself as well as its occupant. Check out the link to see the original video for yourself. Although the EV’s luxury segment is getting crowded and hot with car manufacturing companies…
While the flying warehouses will carry Amazon’s goodies, smaller drones will shuttle up and down to service consumers as well as for restocking purposes. Amazon’s flying ambitions doesn’t just stop with drone deliveries, the world’s largest online retailer has dreams of launching big floating warehouses close to crowded areas and happenings, like sporting events. While…
Avoiding a diesel-for-diesel competition with market leaders including Volkswagen AG, for years, Toyota Motor Corp. focused on pushing its hybrid models in Europe. The Japanese carmaker’s strategy is finally paying off. Toyota is on track for roughly a 40 percent jump in annual sales of gasoline-electric vehicles in Europe in the first full year since…
In a sign that Iran’s closest ally in the region is ready to improve its ties with the kingdom, Oman told Saudi Arabia it will join a Saudi-led military alliance, the kingdom’s official news agency reported. The Saudi Press Agency said that announcing the decision to join the Islamic Military Alliance Against Terrorism was Oman’s defense…
These super-efficient wires can conduct electricity without any loss of energy. It can also be knitted into a fabric. Researchers from the U.S. Department of Energy and from Stanford University have devised a method to make incredibly thin wires which have extraordinary properties. Researchers have used diamondoids, the smallest possible forms of diamond, to build…
This smart investment could give Oculus products an edge since the eye-tracking is the next big challenge in the VR landscape. Turns out Google isn’t the only company interested in the future of eye-tracking for virtual reality, Oculus VR is also very much interested. The Facebook-backed company has now confirmed that it has recently acquired…
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