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 —…
Do check out the banned ad in the link below. With critics pointing out that the ‘E’ in Mercedes Benz’s 2017 E-class sedan could mislead consumers into thinking that it is an autonomous vehicle, the company has pulled the advertisement for the 2017 E-class sedan. In the ad, the 2017 E-class sedan is seen overtaking…
Already its cars are shaping the top end of EVs, once completed Tesla will be in a position to wean off the majority from the gas guzzling products of its competitors. Tesla’s Gigafactory is clearly going to play a key role in the company’s current and future endeavours. When completed the factory will occupy 107…
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…
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…
The earlier pillars of the Android market such as Sony, HTC, LG have given way to Chinese brands such as Huawei, Oppo and Vivo. Although LG is happy that it has made a sizeable profit this quarter, its joy is however dimmed by the fact that its mobile division has suffered yet another weak quarter…
Apple is slated to release its car by the end of 2020. Apple has employed the former head of BlackBerry’s automotive software division to lead its self-driving car project. He had earlier founded and had acted as the CEO of QNX, an operating system which BlackBerry acquired in 2010. Dan Dodge now joins Apple’s automotive initiative…
As Lloyds Banking Group races to cut costs in anticipation of a cut in interest rates, it is set to axe 3,000 jobs and close 200 branches. Anticipated cuts to interest rates following the vote for Brexit last month and a fall in the use of branches by customers were the reasons behind the bank’s…
The collaboration could result in significant cost cutting for future autonomous automated vehicles. Despite the fact that Boston is home to both Uber and Lyft, students at MIT are pushing the research for on-demand ride sharing in Cambridge. MIT and Ford have announced a new project that will allow students to shuttle around on campus,…
