Among the first victims of OPEC’s battle for market share was supposed to be oil producers in the North Sea. But despite their decades-old facilities and high-costs, they are proving surprisingly resilient to the price slump. According to estimates by industry consultant Wood Mackenzie Ltd., as projects that were sanctioned before crude’s plunge four years ago…
After Brussels’ ruling that Apple must pay back Ireland €13bn in taxes, Business Roundtable has warned of ‘grievous self-inflicted wound’ for EU and its people. Unless they overturn Brussels’ demand that Apple pay the Irish government €13bn (£11.4bn), US businesses have warned European leaders they risk a “grievous self-inflicted wound”. The Business Roundtable group defended Apple…
Although the technology is still nascent, it signals the end of defibrillators as we known them today. Researchers have come to the conclusion that beams of red light could have the same effect as giving shocks to the human heart in order to ensure that it keeps beating. Scientists have already tested this optical defibrillator…
They are scheduled to be launched in 2017 in Los Angeles. Proterra a startup which specialises in designing electric busses has come out with a model with which it could shake up the transportation market. Its latest model from the Catalyst E2 series of buses have an impressive range of 350 miles on a single…
The medical robot can assist surgeons to quickly do precision tasks inside the human eye. This is a must read. Doctors at the Oxford University have created medical history upon completion of their first robot-assisted intraocular surgery. A team of doctors led by Robert MacLaren, Professor of Ophthalmology at Oxford University have managed to carefully…
At 65 feet high and capable of getting just past the edge of space, some 60 miles up, the New Shepard rocket that Blue Origin has been launching and landing is a fairly modest thing. In comparison, a towering, more powerful behemoth designed rocket to take people and commercial satellites to orbit that was announced…
Samsung could however check its fall if it were to quickly come out with a successor to the Note 7, feels tech analysts. Although Samsung’s S7 and S7 Edge enticed investors to toss their money into the pool, its recent dilemma has however got them worried. Samsung has also downwardly revised its mobile sales forecast.…
A large number of jobs for positions in customer service, trucking and taxi services would be eliminated from requirement within the next five years by robots and the so-called intelligent agents. The total loss of jobs would be around 6 percent of all jobs, revealed a recent survey report from Forrester. “By 2021, a disruptive…
The very promising nascent technology could shed light on humanities precious collection of fragile books that are too delicate for human touch. Turns out some books are too fragile to handle. A book is meant to be read and in order to read them you need to hold them and turn their pages. If doing…
It is set to be cheaper by $40 from the original Echo’s asking price. Those of you who were holding your breath till Amazon releases its new Echo dot gadget can now, thankfully, take a deep breath and relax: Echo’s official Twitter account by mistake released the all-new and cheaper Echo Dot. Having realized the…
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