Snapchat, an app that sends disappearing messages, photographs and videos, is the best known product that Snap has long been known for. But the company has repositioned itself as a modern-day camera company over the past few years. CNBC reports quoting three people briefed on the project who asked to remain anonymous because the details…
As Chinese smartphone firm Xiaomi Inc works to streamline production, lower prices, and gain greater control over handset design to counter the impact of slowing sales, the Chinese firm announced its first in-house designed chipset on Tuesday. Manufactured indigenously at the company’s wholly-owned chip research subsidiary, Beijing Pinecone Electronics, the Surge S1, which manages data…
In a bid to develop a new revenue stream from existing Millennial customers who may be looking to open their first investment account in a crowded online market, Wells Fargo & Co’s wealth management business said on Tuesday it would launch its new robo-adviser Intuitive Investor later this year. The digital advice platform would be…
Saying his country will walk away if the U.S. insists on slapping duties or quotas on any products from south of the border, Mexico’s top trade negotiator doubled down on threats to break off talks to rework Nafta. “The moment that they say, ‘We’re going to put a 20 percent tariff on cars,’ I get up…
A dealership upsell begins to look dangerous with late payments on the rise. American drivers are increasingly riding in style as a crop of seductive vehicles that are faster, smarter, and more efficient than ever before lures customers along with low interest rates and low gas prices. However, though—those swanky machines are heavily leveraged, don’t…
Alleging that its confidential and proprietary sensor technology has been stolen and being used wrongfully, Alphabet Inc’s Waymo self-driving car unit sued Uber Technologies and its autonomous trucking subsidiary Otto. In order to speed its own efforts in autonomous technology, Otto, acquired by the ride services company in August, with stealing confidential information on Waymo’s…
The next big developments in technology is the artificial intelligence (AI) and augmented and virtual realities (AR/VR), believes many tech giants and visionaries and such people and firms have been rallying around these two technologies and keeping a close eye on the day to day development in this aspect. One such company that is envisioned to be leader in…
A recent study in the U.K. finds that in the past two decades, huge strain on butterflies in cities has been out by pesticides, paving and higher temperatures. According to the study, in the past two decades, compared to the countryside, butterflies have vanished from towns and cities more rapidly. Urban butterfly abundance fell by…
Billionaire Elon Muck’s latest suggestion might just save us from being irrelevant as artificial intelligence (AI) grows more prominent even though he is known for his futuristic ideas. Humans need to merge with machines to become a sort of cyborg, said the Tesla and SpaceX CEO in a recent speech. “Over time I think we will probably see…
With Trump abruptly setting aside campaign pledges to force Tokyo to pay more for U.S. defense aid, a new chapter in U.S.-Japan relations was opened up with a hug and a handshake between President Donald Trump and Japanese Prime Minister Shinzo Abe. During a day of talks at the White House and a flight together aboard Air Force…
