A surge in automated customer service programs as companies move to embrace artificial intelligence (AI) is anticipated by a new research which could end up by chatbots helping in trimming of business costs by more than $8 billion per year by the year 2022. The market research study which was published Tuesday from analysis firm…
While capping sales of conventional cars, signaling a dramatic shift in policy in one of the world’s fastest growing auto markets, lowering taxes and interest rates for loans on electric vehicles, have been recommended by India’s most influential government think-tank, reports the news agency Reuters. Using tax revenues from the sale of petrol and diesel…
As it redirects its attention to battery-powered vehicles and emerges from the 2015 diesel emissions scandal the Volkswagen car brand said it is confident it will “leapfrog” the competition and become a leader in electric cars by 2025. It would target 1m electric car sales by 2025, said the VW brand, by far the biggest company in…
A very recent and wide-ranging study in Britain has revealed how the technology is helping smokers to give up harmful tobacco even as the United States cracks down on rules governing e-cigarettes. In the United States, the sales of e-cigarettes, cigars as well as pipe and hookah tobacco will now also be governed by the…
Noting a key milestone for a country seeking a place in the global aviation market, the first large Chinese-made passenger jet has taken off on its maiden flight. At the Pudong international airport in the commercial hub Shanghai as a crowd of thousands cheered, the C919 single-aisle jet, which can hold up to 168 passengers,…
High-profile physicist Stephen Hawking has warned that humans need to colonize another planet within 100 years or face the threat of extinction. A press release from earlier this week said that the professor will “present his predictions that the human race only has 100 years before we need to colonize another planet” in a new…
With the already announced aim of providing high-speed internet to Earth, Elon Musk’s SpaceX plans to start launching satellites into orbit in 2019. In a Federal Communications Commission (FCC) filing in November, the company outlined plans to put 4,425 satellites into space. But very little detail was available about the planned timeline in the document. However,…
Shaking off “fake news” controversy and posting revenue that topped estimates, Facebook smashed analysts’ earnings estimates in the first quarter of the year. Even as ad revenue popped 51 percent from a year ago, the company added 80 million monthly users in the first few months of the year. But as investors digested a new format for…
When they get a Facebook notification informing them their latest snap has been ‘liked’, many people get a buzz of excitement. And yet, a recent new study reveals that nothing to improve people’s self-esteem or their mood if they feel low, is done by receiving so-called ‘likes’ on the social media channel. The study noted that…
A tiny grower of cannabis is the next stock pick for Tribeca Investment Partners Pty which was the owner of the world’s best-performing hedge fund last year. According to Ben Cleary, who co-manages the Tribeca Global Natural Resources Fund with Craig Evans, powered by a federal government license to cultivate marijuana for medicinal purposes, Cann Group…
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