The cofounder of China’s EHang, the company that is engaged in the development of a passenger drone, claimed to reach profitability in the time period of only the next two years. The work that is being carried out by EHang involves the transportation of one human passenger over small to medium distances in a drone. The…
Restriction on the use of a weed killer, manufactured by Monsanto Co, which has been held responsible for extensive crop damages have been imposed by several U.S. states. But the company is now offering farmer a cash back deal as an incentive to apply the product. The herbicide being incentivized is a mixture of XtendiMax…
Germany’s domestic intelligence agency has warned public officials on the risks of exposure while using social media. A wake up call. In a turn of events which underscores how social media is being increasingly weaponized by countries such as Russia and China, Germany’s intelligence service has published details of social network profiles which, it says,…
While analysts and traders see this phenomenal rise as a bubble, many market participants opine that its burst will have a limited fallout given its market capitalisation. On Monday, with the price of bitcoin skyrocketing to one fifth of its value, marking a new milestone for the cryptocurrency, Asian markets climbed to a new high…
The aspects of public safety and protection of property are directly impacted by timeliness and accuracy of weather forecasts. And forecasts depend on the quality of data that is available for the forecasters. To that extent, the NOAA GOES-R Series of satellite is expected to augment the data which will aid in providing sharper, more…
A $280 million funding round in the Indian startup Bigbasket, the largest online supermarket in India, has seen it raising the amount as an investment from Alibaba Group Holding Ltd., China’s e-commerce giant, according media reports quoting sources. familiar with the matter. The sources reportedly said that there had been months of negotiations that had…
The digital goodwill impairment does not however impact its cashflow. On Friday, Swedish mobile network equipment maker Ericsson stated it may have to cash-in on a goodwill impairment in its struggling media and digital services businesses. Although the move may potentially hit its operating income, its cashflow however has been safeguarded. Ahead of the roll-out…
Frequent buyers are likely to get more discounts on banking products. Taking a cue from Amazon.com, JPMorgan Chase & Co’s chief executive Jamie Dimon stated he expects the bank to offer more price discounts to its banking customers who buy multiple products, just like the way Amazon.com does. “You are going to see more relationship…
There is a “diverse” bacteria collection abroad the International Space Station, shows a new research, while being miles from the Earth. The research also noted remarkable similarity of the micro-organisms micro-organisms found at homes on earth with those found on the space station. These were among the most important finding of a study that examined…
63 years is the typical age that the average American leaves the workforce and enters a retired life. Even while suggesting that “70 is the new retirement age”, personal finance maven Suze Orman challenged that assumption that that’s wise last month. However, the advice of Orman was taken a step further by Dr. Shigeaki Hinohara…
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