If UBS’s prediction is to be believed, Apple is all set to see a rise of at least 5 percent in the sale of iPhones in 2017 and a significantly greater sale gain of close to 20 percent of the same in 2018. This was released in a UBS report very recently. Up from its…
In what is the first time the United States has cleared a private space mission to fly beyond Earth’s orbit, permission to send a robotic lander to the moon next year has been granted to a Florida-based company by the U.S. government, the firm’s founder announced Wednesday. A legal and regulatory framework for a host…
It’s good news for Magal Security Systems Ltd. boss Saar Koursh as the border security business is thriving. And his biggest – the Gaza Strip. Apart from helping in the construction of barriers along the Egyptian and Jordanian frontiers, the biggest achievement for the Israeli company is wrapping Gaza in a fence to prevent militant…
To help further its exploit and expansion into the connected vehicle and fleet management market, Verizon Communications Inc would buy GPS vehicle tracking firm Fleetmatics Group Plc for about $2.4 billion in cash, the former announced recently. A premium of about 40 percent to Fleetmatics’ closing price on Friday, $60 per share, will be paid…
With the aim of creating a powerful new force in bioelectronics and use electrical signals rather than chemical or biological drugs to treat disease, GlaxoSmithKline has teamed up with Alphabet, Google’s holding company. With the ultimate aim of development of commercial bioelectronic medicines, Galvani Bioelectronics is being set up by GSK and Alphabet’s Verily Life Sciences —…
A smartwatch that is barely a year old has created global ambitions for Mobvoi – a 4-year-old Chinese technology start-up with a large following in China. The global edition of Ticwatch 2, the second generation of a smatwatch version which is currently available only in China, would be launched globally, announced Mobvoi which which has…
Notching up savings of $500 million in development costs at a project in the Caribbean, work to bring new fields into production is being accelerated by supercomputers that create 3-D seismic maps for BHP Billiton Ltd.’s oil and gas assets. Chief Technology Officer Diane Jurgens said in an interview that to cut operating costs and…
With losses exacerbated by unfavorable currency moves and a foray into equity markets, the world’s biggest pension fund posted the worst annual performance since the global financial crisis. The retirement manager said on Friday in Tokyo that 5.3 trillion yen ($51 billion) or 3.8 percent was lost by Japan’s $1.3 trillion Government Pension Investment Fund…
A little-known Chinese smartphone maker, OPPO, is making heads turn in the global smartphone market whose growth is starting to cool after a frenetic few years. Data from research company, International Data Corporation (IDC), released on Thursday showed noted a 136.6 percent increase from in shipment of smarphone by OPPO in April-June quarter compared to a…
Preparations are underway to receive first supplies from America’s shale in East Asia, a region that which imports more liquefied natural gas than any other region of the world. According to an official at tanker owner Maran Gas Maritime Inc. who asked not to be identified because he isn’t authorized by the company to speak…
