While suffering from 22 straight quarters of declining revenue, IT giant IBM has set its foot strongly in the global could computing business as it reported its first revenue growth in five and half years. The cloud revenues of the company saw a rise of 24 per cent to $17 billion in 2017 and noted…
One of the biggest aims in medicine – finding a universal blood tests for detection of cancer, is now a step closer for scientists. Now detection of eight common forms of cancer have bene tested by a method that was tested by a team at Johns Hopkins University in the U.K. The vision of the…
Plastic packaging for all of the own brands of retailer Iceland would be eliminated in what is the first of its kind commitment by a major retailer. With the aim to help end the “scourge” of plastic pollution, it would be just five years that the retailer would go completely plastic free. This supermarket chain…
There had been a record week of trading for the U.K. grocer Sainsbury’s this Christmas week and there had been “excellent” operations throughout the entire group, the company said. “We think it’s a good performance in what of course continues to be a challenging market,” Mike Coupe, chief executive officer of Sainsbury’s, said during a…
Despite its chief being behind bars, Samsung Electronics has shown no signs of being impacted business wise. On Tuesday, the South Korean tech giant announced that a record operating profit amounting to about 15.1 trillion Korean won (about $14.13 billion) was being expected by the company for the quarter ended December. While this figure was…
According to the PitchBook-NVCA Venture Monitor, 2017 was the year when the highest yearly amount of capital invested in the entrepreneurial ecosystem was made since the early 2000’s in the United States. The report from the agency says that there were 8,076 deals involving 8,035 companies with a total amount of investment of $84 billion by…
2017 was one of the bets years for the technology sector as it accounted for the six most valuable companies in the world. However, the year was also one which did not see much of large tech deals. However, experts are of the opinion that 2018 would be different. Robert Townsend, co-chair of global mergers…
The global plug-in electric vehicles (PEVs) is poised to get into a phase off significant growth due to a number of events and incidents in the PEV market which include the development and launch of long-range battery EVs (BEVs) at prices below that of $40,000 price points. This was predicted in a research by a…
There are rising allegations in the UK about children being exposed to the risk of addiction of gambling as Facebook is being used to offer gambling type apps without any age checks by a company that is engaged in offering thousands of fixed-odds betting terminals (FOBTs). It was noted that over 60,000 children ran the…
The objective of installing automatic emergency braking in all new vehicles is viewing progress as car manufacturers attempt to install this crash avoidance technology to enhance vehicle and passenger safety. More than half of the 2017 model year vehicles of Tesla, Mercedes-Benz, Volvo and Toyota were reported too be fitted with that automatic emergency braking…
