A warning from the International Monetary Fund said that the world’s trade system would be undermined and the U.S. economy could be hurt by the trade policies of the Trump administration. A trade war would result in “losers on both sides” and can present a “serious” impact, said IMF Director Christine Lagarde. This caution was…
In the next two years, about 4600 jobs would be lost at engineering firm Rolls-Royce as a part of a large reorganization in the company. The burnt of the hit is to be borne by middle managers and back-office staff with the possibility of its Derby base getting hit hard. Civil aerospace, defence and power…
According to Japanese financial daily the Nikkei, 80 million new model iPhones is expected to be shipped by Apple this year. that figure would be 20 per cent less than the shipments made by it at the same time last year. The report was based on industry sources. The newspaper reported the suppliers of the…
The first insulating molecule which is believed to be more effective than a vacuum barrier has been developed by a team of international researchers and scientists consisting of scientists from Denmark, China and America. The new discovery is believed to be bale to make transistors in a computer chip much smaller and yet more powerful.…
In what is being considered to be one of the largest funding rounds for an unlisted group, a $14bn funding round was recently closed by Ant Financial. This funding tound has raised the valuation of the payments affiliate of Chinese tech giant Alibaba at over $150bn on a pre-money basis. Compared to the market cap…
Fujifilm CEO Shigetaka Komori said in an interview that the only way the U.S. office equipment firm Xerox would be bale to survive in the fiercely competitive global market is a takeover by Fujifilm Holdings. However, the Japanese company is also preparing itself for the eventuality of the deal not taking place eventually, the CEO…
TolunaInsight, which is being considered to be the industry’s first comprehensive, automated platform that offers consumer insights in real-time has bene launched by Toluna, as a part of its corporate rebrand that seeks to focus on the value proposition and market position of the firm. According to the company, this launch has helped the company…
There is requirement for diligent governance of municipal technology with the integration of connected technologies in smart cities as such cities strive to function more efficiently and enhance its q1uality of service. A new research on smart cities conducted by ISACA identifies a number of crucial aspects for consideration with respect to issues of security…
The trending topics section is being shut down by Facebook. This is a feature that the company had created to highlight some and all of the interesting conversations hat tale place on the social media platform. however, it has now turned out to be a feature that has become political headache for the company that…
Living muscle tissue have been integrated into robots to create a dexterous cyborg by a group of Japanese engineers. The results of the project that was undertaken by the engineers was published this week in the journal Science Robotics. In this study, individual muscle precursor cells are first transformed to muscle-cell-filled sheets and then it…
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