According to a top Silicon Valley venture capitalist and former Apple executive, Brexit could boost the U.K.’s ability to create the next several-hundred-billion-dollar technology firm. On Tuesday, U.K. Prime Minister Theresa May gave a speech suggesting that any deal reached with European lawmakers will be put to a parliamentary vote and last year, Britain voted…
A top roboticist believes that from becoming a Nobel Prize winner to working in the sex industry, robots will get smart enough to choose their own life path. This has added concerns about the potential of artificial intelligence (AI). Sophia is a life-like robot that has 62 facial expressions and can react to spoken word and…
Patent for a network that manages a very specific aspect of the self-driving experience: How autonomous cars navigate reversible lanes, has been awarded to international online retailer Amazon. Reversible lanes are a potential disaster zone for self-driving cars that haven’t yet been programmed to understand those signals and hence reversible lanes indicate a change in direction of…
Questions about who would step in to run South Korea’s biggest conglomerate in the aftermath are being raised as the long-orchestrated plan to cement Jay Y. Lee’s position atop Samsung Group may put him in jail instead. He could be prompted to relinquish duties at the family business, as prosecutors are seeking Lee’s arrest on allegations…
Pointing to extensive production expansion in the U.S. in recent years, German carmakers pushed back Donald Trump’s threats of import duties on the autos they make in Mexico. By stating that its largest factory is in South Carolina and that cars made at a planned, smaller factory in Mexico will be exported globally, BMW AG,…
Accusing the head of Samsung Group, the country’s biggest conglomerate, of paying multi-million dollar bribes to a friend of President Park Geun-hye, South Korea’s special prosecutors’ office said it will seek a warrant to arrest Jay Y. Lee . As investigators probed a corruption scandal that resulted in parliament impeaching Park last month, the Samsung Group chief was…
While not being limited to North America only, many in the auto industry believe that electric cars will pick up critical momentum in 2017. Industry executives gathered in Detroit this past week for the city’s annual auto show said that fuelling an investment surge is tighter emissions rules in China and Europe leave global carmakers…
In a recent report prepared by the news firm Bloomberg and termed the Bloomberg Vice Index, you can spend as little as $41.40 in Laos and a whopping $1,441.50 in Japan for indulging in a weekly habit of drugs, booze and cigarettes. In the United States, the fix of the vices adds up to almost $400, or…
China’s consumers have good reason to be skeptical about their groceries as it is a nation where food safety is so elusive that even some chicken eggs have been found to be fake. And therefore novel ways to highlight the wholesomeness of their products have been sought for by many food processors. But in what…
After a leap in prices to record levels last year, salmon devotees should prepare to pay more for their smoked fish or grilled fillets. Noting the first decline in six years and the steepest fall in a quarter of a century, supplies of global farmed salmon fell almost 9 per cent from the previous year,…
