Other nations may be affected due to China installing more robots than any other nation. The International Federation of Robotics estimates that shipments of robots to the second largest economy in the world will nearly double to 160,000 in 2019 even as it has already jumped 27 percent to about 90,000 units last year, marking a single-country record and…
According to Harvard University researchers writing in a peer-reviewed journal, even as Exxon Mobil Corp.’s own scientists determined man-made global warming was real and a serious threat, it spent the last 40 years undermining public concern over climate change. “Exxon Mobil contributed to advancing climate science — by way of its scientists’ academic publications —…
In 2018, it will capitalize on this further by enabling voice Google powered shopping across its 4,700 brick and mortar stores. In a development that marks the opening of a second front on Wal-Mart Stores assault on Amazon.com Inc, the company is teaming up with Google to enter the nascent voice-shopping market that is at…
In an effort to reduce food contamination by using blockchain, IBM has been joined by a group of global food giants including the likes of Nestle, Unilever and Walmart. In order to trace the source of contaminated produce IBM would enable global food businesses to use its blockchain network, the corporation announced on Tuesday. According to…
A tiny glass company you’ve never heard of is one of China’s best-performing stocks this month. Spiking 34 percent, so far this month state-owned Luoyang Glass is the second-best performer in the Shanghai Composite. For the last three days, the stock has also hit the 10 percent daily trading limit. At a measly 0.03 percent of the Shanghai Composite’s…
The bidding for the sale is set to begin from September with expected proceeds in the range of hundreds of millions. A Japanese business daily has reported, Fujitsu Ltd is looking at options to divest its mobile operations in the face of fierce competition from bigger rivals. Last February, Fujitsu spun off its mobile phone…
The strategic shift to harness social media in delivering news has attracted younger viewers who watch it at least thrice a week. In a significant development that underscores a potential strategic shift in CNN’s approach to delivering news, on Monday it began streaming “The Update”, a daily show on Snapchat. Each episodes features at least…
The development assumes significance with it having national security implications, especially with North Korea in its neighborhood. The Japanese government has disclosed that it launched a Japan on Saturday launched an H-2A rocket carrying a geo-positioning satellite into orbit following a week-long delay. The development assumes significance being Japan’s third geo-positioning satellite, which will be…
The sale is likely to be a prelude for more such divestures which are aimed at reducing its debt. As per sources familiar with the matter at hand, AT&T Inc is exploring options of its Digital Life home security business, which includes sales, as it looks for ways to lower its debt after its $85.4…
Ukraine’s central bank has issued a warning against a probable cyber attack on August 28. The new malware spreads from Microsoft Word documents from e-mail attachments. On Friday, Ukrainian central bank has issued a warning to state-owned and private lenders on the appearance of new imminent threat from a malware similar to those that knocked…
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