In a move that could further challenge the London Metal Exchange’s (LME) dominance, the CME Group is talking to several warehouse companies to expand its metal storage network globally, Reported Reuters quoting three metal industry sources which gave the information. Partly because of a result of controversy surrounding the LME warehouse system, the CME has…
Although the idea produced mixed results in other companies, including, Sony, LG and Samsung, Google may succeed where others have failed. Have you noticed many startups have ex-Google employees? Although Google is incredulously innovative it’s hard to understand why the company did not capitalize on its available talent pool and reap in the mullah? Naturally,…
The collaboration goes under the moniker Project Jacguard. During the ongoing Google I/O, Levis and Google have announced a partnership that will bring “smart clothing” to the retail market. The venture will go by the codename Project Jacguard. The collaboration will bring touch sensitive clothing to the market. The technology behind Project Jacguard is essentially made up…
This could eliminate the need for displays from smart devices completely, cutting down costs and power requirements. Many smart wearables have miniscule screen real estate. How could one possibly control information in devices sporting such tiny screens? Google has an answer for that in the form of Project Soli. Last year, the search engine giant…
See it at the Lenovo Tech World on June 9. When Motorola announced its crazy thin flip smartphone the RAZR V3 in 2004, it was a head-turner and a conversation starter then, and even today in the age of smartphones, it surprisingly still has a hold on consumers for its sheer looks and style. In…
$20.3 million was raised in an investment round led by Samsung’s investment fund by Afero, a start-up that describes itself as the “nervous system” sitting in the middle of the internet of things (IoT) world. The investment which was led by Samsung Catalyst fund, and joined by Presidio Ventures, Sanshin Electronics, SoftBank, Fenox Venture Capital,…
Aiming to pave the way for two rival liquefied natural gas projects led by global majors to work together in Papua New Guinea, Australia’s Oil Search Ltd agreed a $2.2 billion deal to acquire InterOil Corp. Thanks to its high quality gas and low costs PNG is considered one of the best locations for LNG…
With a rise in demand, more funds including debt will be required says Musk. Earlier in May when Tesla was talking about its earnings from the last financial year, the question on everyone’s mind was – how will the company afford to make hundreds of thousands of Model 3s given its cash position. The answer…
As Samsung looks to expand its footprint in the world’s second-largest economy, the South Korean company has struck a partnership with Alipay, China’s biggest payments service that is run by Alibaba affiliate Ant Financial. Alipay at resent is placed as a separate app on devices. When a customer goes to pay for something in-store, they have…
In order to meet strong demand for the electric car maker’s upcoming Model 3 sedan, Panasonic Corp is prepared to move up its investment plans for Tesla Motors Inc’s battery plant, an executive at the Japanese electronics group. “We will do our best to move up the schedule if requested,” Yoshio Ito, head of Panasonic’s…
