The development has significant repercussions on several fronts, including economics, trade, diplomacy and the military. As per a report presented by the Pentagon to the U.S. Congress, China’s 2016 launch of its first experimental quantum communications satellite was a “notable advance in cryptography research”. “The developer of the satellite claimed it has ‘enormous prospects’ in…
The surge has taken short sellers of the stock by surprise. On Tuesday, boosted by a strong demand for its GPUs, the share prices of Advanced Micro Devices (AMD) surged by 9% leaving short sellers low and dry. The rise in AMD’s stock price can be linked to a rally in Ethereum, a cryptocurrency, which…
In order to facilitate the use of renewable energy like solar to charge electric vehicles in the country, SoftBank Group is in talks with the Indian government, reported the media quoting a senior executive at the Japanese group’s local unit. In a plan that could boost SoftBank’s solar ambitions in the country if the government…
Featuring realtime acoustic modelling, the HomePod will ship this December. On Monday, with the launch of the HomePod, Apple has taken aim at Amazon.com’s Echo devices featuring Alexa. The development underscores Apple’s move to launch a device into a completely new market segment after a gap of more than two years. With this launch, the…
While the Obama Administration’s focused on safety issues vis-à-vis self-driving vehicles, the current administration aims to ease the rules of business. On Monday, the head of the U.S. Department of Transportation stated that U.S. President Donald Trump’s administration will unveil revised guidelines for self-driving vehicles in the coming months. The announcement follows calls by auto…
Efforts are being made to make the U.S. ban more effective by coordinating with European officials. During an aviation industry meet on Monday, Oscar Munoz, the CEO of United Airlines disclosed that the Trump Administration’s ban on laptops is likely to be related to explosives being disguised as laptops which could be directly detonated onboard…
Paul Polman, CEO of Unilever said in a television interview that the counter-intuitive effect of speeding the pace of meeting environmental goals would be a result of U.S. President Donald Trump’s decision to abandon the Paris climate pact. “You see groups of mayors, states, the business community, civil society really accelerating its pace of implementation,” Polman…
Given Foxconn’s deep ties with China, Japan is likely to block any move that will risk the transfer of sensitive technology to outsiders. On Monday, Japanese business daily, Nikkei has reported quoting Terry Gou, Foxconn’s chairman say saying, Amazon.com Inc and Apple Inc will be joining forces with Foxconn for a bid of Toshiba’s chip…
The difference in approach to Apple’s and Amazon’s personal assistant is telling. Following Amazon’s lead, Apple is expected to announce its plans this coming week for expanding Siri, its voice assistant, to a large variety of app, in efforts aimed at mirroring Amazon’s runaway success with Alexa. However, engineers and artificial intelligence insiders state, instead…
Toyota is funding the move given the immense brand visibility and marketing potential. In a significant breakthrough, On Saturday, Toyota Motor Corp along with engineers demonstrated their flying car with which they hope to light the Olympic flames for the opening ceremony of the Tokyo 2020 Summer Games. In 2014, a group of 30 engineers…
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