In order to explain his view that rockets must be reusable if humans are ever to afford space exploration, Elon Musk has used the analogy of destroying a commercial jet after just one flight for years. Now, a way he might profit off that dream, has been discovered by the founder of SpaceX. By launching…
The manner in which the acquisition of London-based artificial intelligence company DeepMind might start to generate revenue rather than just research papers for Alphabet Inc’s Google was shown in the launches of new hardware from the company recently. For a cost of reported $400 million, Alphabet had bought DeepMind in 2014. better than any human on the…
Tweeting that the electric vehicle maker was diverting resources to fix production bottlenecks of its new Model 3 sedan and to help Puerto Rico, Tesla Inc Chief Executive Elon Musk on Friday pushed back the unveiling of the company’s big rig truck until mid-November. Echoing his own comments in July, when he showed off some…
While Switch had projected its listing price to be in the range of $14 to $16, it’s share price broke all expectations and was listed at $17, much to the cheer of investors. In a significant development, Switch Inc has raised $531.3 million from its initial public offering wherein it had priced its share at…
HP had announced the deal in September 2016. Now that it has got all necessary regulatory approvals, it expects to close the acquisition by December 31. In a major development HP Inc has approved China’s regulatory approval for its $1.1 billion acquisition of Samsung Electronics’ printer business. However, the go ahead has come with a…
Complete with three white stripes down the side, pea-size beads of white plastic pour into what looks like a minivan-size Adidas shoe box in a production hall as clean as a hospital. With only one worker needed to wedge in pieces of plastic called stability bars, in just a few seconds the machine heats and…
In a historic development, a U.S. senate panel has overwhelmingly approved a bill aimed at reducing the time gap before robotic self-driving cars are deployed on U.S. roads. In a development that will lend further momentum to automakers, a U.S. Senate panel has unanimously approved a bill aimed at speeding the deployment of self-driving vehicles…
This is the reason why the automaker was forced to recall 1.2 million cars in Japan. On Wednesday, Japan’s transport ministry stated it had carried out spot inspections at two of Nissan Motor Co Ltd’s plants which produce vehicles. The development assumes significance in the wake of irregularities which forced the automaker to recall 1.2…
OLED displays are set to gain market share with Japan Display preparing to mass produce them from 2019. On Wednesday, shares of Japan Display Inc have jumped by 24% after Japan’s Nikkei business daily reported that the company had developed a way to mass-produce lower-cost organic light-emitting diode (OLED) screens and which it would start…
Many large U.S. tech companies routinely transfer private EU citizen’s data without sufficient protection from U.S. mass surveillance. On Tuesday, in a case which has significant implication for many big companies, Ireland’s High Court stated it would ask EU’s top court to rule on the way in which internet companies, including Facebook, Apple and Google,…
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