Lockheed Martin to partner with Tata Advanced Systems Limited for producing F-16 wings

The southern Indian city of Hyderabad is set to be the global hub for manufacturing the wings of the F-16. On Tuesday, an executive from Lockheed Martin stated, it will build wings for its F-16 combat fighter jet with India’s Tata Advanced Systems Limited. Lockheed is bidding for $15 billion contract, to supply the Indian…

Apple acquires augmented reality focused startup for undisclosed amount

Although no date and price information is available for the acquisition, as per an industry executive in the augmented reality industry, the acquisition may have taken place in the first half of 2018. In a development that clearly shows Apple Inc’s plans for the augmented reality market, Cupertino has acquired Colorado-based Akonia Holographics – a…

Power failure hits Australian Central Bank’s ability to process payments

A routine maintenance led to the payment processing issues at Australia’s Central Bank. On Thursday, Australia’s central bank stated, an internal power failure caused by the maintenance of its fire control systems as the cause of its Sydney data center inability to process some payments. Although the outage lasted only 3 hours, according to representatives…

‘World’s First’ Trial Of Self-Driving Taxi With Fare Pay Passengers Conducted In Tokyo

There are hopes that self-driving taxi services would be ready to be commercially used before the 2020 Summer Olympics in Tokyo after an autonomous taxi successfully ferried paying passengers on the busy streets of Japan’s capital city. Many are hoping that such a taxi service would be a hit among the tourists that would gather…

Studies Issue Stern Warning Against Marijuana Use By Pregnant Women

While there is ai rising tendency among people to consider smoking marijuana harmless or even beneficial, a study suggests that it can be very harmful for pregnant women or who are breastfeeding. The study claims that such women should shun it altogether. Ample evidence of potential harm to children’s long-term development because of marijuana was…