A debate among policy makers about their long-running stimulus programs has been intensified as Euro-area inflation accelerated more than forecast to effectively reach the European Central Bank’s goal. Beating the 1.5 percent median forecast in a Bloomberg survey, and noting the the fastest since early 2013 was the 1.8 percent annual increase in consumer prices in…
For participating in a scheme that siphoned millions from failing businesses and eventually cost the bank around 250 million pounds ($315 million), two former HBOS Plc bankers were convicted by a London jury. Found guilty of a string of fraud offenses that allowed the men for whom bribes, luxurious foreign travel and high-class escorts became the norm were…
Researchers from University of California, Riverside have developed natural-life algorithms for hybrid cars that have boosted fuel economy by 30%. Hybrid vehicles have got a new shot in the arm: researchers have concluded that plug-in hybrid cars could be made a lot more efficient in their fuel usage. It turns out that while starting in…
The industry for alternative energy sources is only set to grow. In a big step towards green energy, Ireland has decided to slice out coal and oil from its energy footprint. The country’s parliament has passed a bill that stops the country’s investment in fossil fuels. The move has yet to become law since it…
Netflix developers create a mind control interface in the company’s annual Hack Day. In a technological feat that could drive up sales, in Netflix’s annual Hack Day, the company’s developers came up with a slew of neat tricks on how to improve the streaming service. Out of its crop of hacks, the most interesting one…
Its cloud phone Robin will continue to get updates through February 2018. In these last couple of years, Razer has been quite active in the mergers & acquisition scene: the company has acquired THX and Ouya and is now vying to purchase Nextbit. Unfortunately, despite this spate of rampant acquisitions, Razer’s Robin, the “cloud phone”…
The world’s largest advertisers want and demand more control and transparency from their suppliers and hence they are reviewing how they buy digital advertising programmatically. Nearly 90 percent of advertisers it surveyed are “reviewing and resetting contracts and business models,” shows a research by the World Federation of Advertisers. Those ads that make use of…
Business leaders stress that “soft skills” have a large role in the technology revolution even while acknowledging a digital skills gap. Discussing in depth the impact of rapidly advancing technology on business and government Sberbank held its annual business breakfast at the World Economic Forum in Davos, Switzerland. Including speakers from MasterCard, Severstal, Dell and…
Security tech companies are drawing increased attention from the U.S. public with secured chat apps and tools registering phenomenal growth in the U.S. While adjusting to change is the norm, people normally welcome a change for the better, albeit that is a relative term. This is in the context of The Economist’s downgrading the United…
The significant strategic move could place the country as the home of bitcoin technology in the world. The digital currency is consistently gaining acceptance around across the world. While companies which provide virtual wallets have yet to become the norm and face a multitude of legal quagmire which typically drives away any non-savvy customer, in…
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