While insisting that their Persian Gulf neighbor shutter Al-Jazeera, cut back diplomatic ties to Iran and close down a Turkish military base in Qatar, Saudi Arabia and other Arab countries that have cut ties to Qatar issued a steep list of demands Thursday to end the crisis. The countries also demand that Qatar sever all…
A tepid reception from EU leaders was met, who stressed that many issues remain unresolved, to U.K. Prime Minister Theresa May’s proposal to safeguard residency rights of European Union citizens currently living in the U.K. Saying she wanted to offer them as much certainty as possible about their futures, almost all 3 million EU citizens…
The efforts of Facebook, Google and Twitter in removing violent jihadist content from online repositories which had acted as breeding ground, have yielded significant results. In efforts aimed at containing the growing threats of extremism in the UK, Facebook has launched a program in the country through which it will train and fund local organisations…
It has cited its weaponized drone, SkyStriker designed for long flight hours, unveiled in the recent Paris airshow to rave reviews, as an example of its innovation. So as to maintain its leading edge over its peers, Israeli defense electronics company Elbit Systems Ltd is moving swiftly to innovate as it faces increasing competition from…
Sensor laden drilling operations are going increasingly hi-tech. In the shale oil industry today, tiny sensors are being attached to production gear to harvest data on right about everything: from pumping pressure, rotational speed of drill bits, heat generated by drilling activity, almost every conceivable variable in the drilling operation is being captured. This sensor-laden…
UBS Asset Management said in a report that overtaking Japan’s to become the world’s second largest behind the United States’, China’s bond market will double in size from the current $9 trillion over the next five years. Local provinces and cities were prohibited from borrowing from banks in a law passed in 2015 and that is the underpinning…
As companies big and small continue to invest in it and develop their expertise, artificial intelligence has a bright future ahead even though it may still be in its nascent stage, says a senior executive at Chinese tech giant Tencent. He was very bullish about A.I. and a big proponent of offering A.I. as a service,…
Lattner’s resignation comes within 6 months of joining the company. In a troubling sign for electric luxury carmaker Tesla Inc, Chris Lattner, the head of its autopilot software, has left the company within six months of joining it. “Chris just wasn’t the right fit for Tesla, and we’ve decided to make a change,” said a…
Samsung – the world’s no. 1 chip manufacturer will not be effected by this crunch. With Apple set to launch its flagship, iPhone 8, later this year, electronics manufacturers across the globe are scrambling to stock up memory chips to keep production lines running. The iPhone 8 threatens to worsen the mismatch between supply and…
This collaborative effort will shift into production gear in 2021. On Tuesday Continental disclosed it would be join the self-driving platform pioneered by Intel, BMW and Mobileye in efforts aimed at integrating the handling of components and software. This integration of hardware and software data has accelerated the pace of development of self-driving vehicles and…
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