China’s space to ground key distribution system marks a significant step in quantum communication. In a significant development, China’s state media has disclosed that the PLA has sent an “unbreakable” code from a satellite to the Earth. This space to ground key distribution technology is a significant milestone in quantum satellite communication that will make…
Germany’s Volkswagen Group and India’s Tata Motors said that talks related to cooperation about joint development of a car for emerging markets have ended amicably. After an earlier alliance with Japan’s Suzuki Motor Corp also falling apart, a further blow to Volkswagen’s (VW) efforts to develop a cheap vehicle platform for Asian markets was dealt…
By announcing the expansion of its video offerings with programming ranging from professional women’s basketball to a safari show and a parenting program, Facebook Inc made its biggest move to date to compete in the television market. The company said that only a limited group in the United States will be able to access the…
“Watch” will initially be limited to a select group and will eventually expand to global video content producers. In a significant development, Facebook Inc. made its biggest move to date in its efforts to expand its footprint in its video offering by entering into the television market. Its programming will range from parenting programs,…
The founder of the startup smartphone maker is none other than the co-founder of the Android operating system. Its first $699 smartphone will feature ceramic and titanium casing. The co-creator of the globally used Android mobile operating system has launched a new startup, Essential Products, which has raised $300 million in new funding round. It…
Weighing 310 kgs, Lina can carry four people and can travel at a speed of 50 miles (80km). In a significant breakthrough, students from Netherlands have made a biodegradable car that can carry four people and travel at 50 miles (80 km) per hour. This has the potential to be the next step in…
Experts suggest that cloud computing may provide the security that companies are searching for even as high-profile cybercrime such as data theft, ransomware and computer hacks seem to be occurring more frequently and with higher costs. “Cloud computing improves IT security and security professionals need as much help as possible,” said Nick McQuire, vice president…
Going by its second quarter results, Yelp is chugging along at a great pace with its second quarter results shooting up by 32% from a year ago. Yelp Inc has disclosed it would be divesting its Eat24 business to Grubhub for $287.5 million in cash. The news along with its better-than-expected quarterly results drove up…
Boeing’s focus will be on developing thermal power and its corresponding control systems. The Pentagon has disclosed, Boeing Co has been awarded a a $409 million Air Force contract for developing next-generation thermal power and control systems as part of a government and industry joint effort to develop revolutionary and innovative technologies.
The purchase will bolster its cancer fighting pipeline. Drug manufacturer Bristol-Myers Squibb disclosed it would be acquiring privately held IFM Therapeutics for $300 million. The acquisition, backed by Novartis, will boost its cancer portfolio, since it will be able to access IFM’s preclinical cancer programs. Incidentally, IFM investors are also eligible to additional contingent payments…
