The fact that chip technology has a long way to go is reminded every time a Pokemon Go fan drains a smartphone battery chasing virtual monsters. UK based ARM Holdings Plc dominated about 85 percent of the chip market and it has built a business designing chips that squeeze the most out of limited battery…
Mercedes-Benz’s CityPilot platform is based on a version of Daimler’s Highway Pilot autonomous trucking technology. Mercedes-Benz’s foray into automatic autonomous vehicles just got very real, with the test of its CityPilot bus technology doing a long range test drive on the highways and streets of Netherlands. In what is likely to be the coming future, one…
While human inspectors took near about 2 hours, the drones completed the job in 10-15 minutes. However, the drones are not replacing the job done by human aircraft inspectors. One of the things that could ensure a safer flight is the inspection of aircraft but ironically, the job itself can be a little unsafe for…
With the aim of boosting its chip business for electric cars, the South Korean technology giant Samsung Electronics Co Ltd is in talks to acquire a stake in Chinese automaker BYD, the electronics giant announced very recently through a statement. Seeking a new growth engine as the global smartphone industry is slowing, a team to…
Hundreds of American franchise dealers who have been damaged by Volkswagen’s emission scandal would be compensated by the car maker, sources among the dealers who met the company officials told the media, and this has been pledged by the Volkswagen executives. At a meeting with more than 150 Volkswagen dealers from the Northeast at the…
Its aggressive approach towards purging extremist’s tweets on its network is a welcome move. In the last few years, the speed at which Twitter responds to online extremism has changed dramatically. According to observers at the Counter Extremism Project the social network acted with great speed to remove the tweets and accounts of pro-extremists, in…
A bid to merge its document business with R.R. Donnelley & Sons Co. was privately rejected by Xerox Corp recently, reported The Wall Street Journal citing sources and people familiar with the matter. Splitting its business-outsourcing operations from its legacy printer and copier division, the plans for the division of Xerox being broken up into two businesses was…
After a long-running dispute over fees charged on card transactions with Mastercard Inc., a London Judge awarded 69 million pounds ($91 million) in compensations to J Sainsbury Plc. According to a Competition and Appeal Tribunal judgment published on Thursday, competition was restricted by the charges put on U.K. credit and debit card transactions by Mastercard. There have…
Promotion of illegal Israeli settlements in occupied Palestinian territory is the latest charge that has been thrown against Airbnb as the travel website comes under continuous fire for the property listings which have sent critics talking against it. Profiting from properties that are part of Israeli settlements located in the West Bank and mislabeling such…
As financial technology startups broaden the reach of investing services and offer lower fees than many traditional wealth manager, Betterment LLC has becomes the first independent robo-adviser to have surpassed $5 billion in assets under it active management. Since it was founded in 2008, this pioneer of automated investing has been witness to substantial growth…
