Although no date and price information is available for the acquisition, as per an industry executive in the augmented reality industry, the acquisition may have taken place in the first half of 2018. In a development that clearly shows Apple Inc’s plans for the augmented reality market, Cupertino has acquired Colorado-based Akonia Holographics – a…
Boeing won the contract by outbidding two other contractors. As per a statement by the Pentagon, Boeing Co has been awarded a $805 million contract for the design, delivery and support of 4 unmanned aircraft carriers-based drones that will be used to refuel aircraft for the U.S. Navy. In 2017, the U.S. Navy had published…
A routine maintenance led to the payment processing issues at Australia’s Central Bank. On Thursday, Australia’s central bank stated, an internal power failure caused by the maintenance of its fire control systems as the cause of its Sydney data center inability to process some payments. Although the outage lasted only 3 hours, according to representatives…
The secret in the genes of dinosaurs that helped them top dominate Earth for 180 million years is being claimed to have been decoded by scientists and researchers at the University of Kent in the U.K. The possible characteristics of the genes of the very set of first dinosaurs is being claimed to have been…
There are hopes that self-driving taxi services would be ready to be commercially used before the 2020 Summer Olympics in Tokyo after an autonomous taxi successfully ferried paying passengers on the busy streets of Japan’s capital city. Many are hoping that such a taxi service would be a hit among the tourists that would gather…
The Indian retail sector is set to witness the clash of the titans as Walmart, Amazon Inc. and Alibaba Group is all set to engage in a war as each of the companies strive to expand their footprint in India. Many analysts are predicting that this would result in a massive shake up of the retail market…
According to the 2018 ACSI Automobile Report, there has bene a rise of 1.2 per cent in customer satisfaction with automobiles and light vehicles in the US on the American Customer Satisfaction Index’s scale of 0 to 100. The report also lists a tie between Volvo and Lexus for best luxury automaker and Subaru was named…
The statement sees China continue to maintain its refrain that it does not allow forced technology transfers in its domestic and foreign companies and that it will adopt stricter measures to the IPR regime. Will China now walk the talk? On Tuesday, in a statement that is clearly aimed at deflecting U.S. trade accusations on…
The deal marks a strategic shift in Uber’s approach to maintaining its lead in the ride services industry. In a bid to catch up on rivals in the hotly crowded automated autonomous driving industry, Toyota Motor Corp said it will invest $500 million in Uber Technologies Inc so as to jointly develop self-driving cars. Although…
A recent development achieved by American researchers, better mimicking of native vessels and ducts in human body can be made by a special way of “printing” them in tubular structures. The researchers have developed a 3-D bio-printing technique that allows them to accurately fine-tune the properties of the printed tissues such as the number of…
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