Microsoft launches HoloLens 2 augmented reality headset

Augmented Reality technology has the potential to improve the efficiency of businesses ranging from users at a factory floor to doctors and those at a farm. In its second push at Augmented Reality, Microsoft unveiled the latest edition of its HoloLens augmented reality headset with promises that it provides a more immersive augmented reality experience…

Elon Musk delivers on promise, Tesla’s earning beat analyst’s estimate

With wider margins, a rise in net profits, and a positive cash flow, Elon Musk has delivered on his promise. Here’s the low down on how Tesla’s Chief Financial Officer Deepak Ahuja and Musk managed Tesla’s operations in a capital efficient manner.   In a significant development, Tesla’s Chief Executive Elon Musk delivered on his…

Hong Kong’s banking regulators along with several banks to launch blockchain-based trading platform

In a landmark development that is aimed at streamlining, boosting efficiency and which introduces next-gen technology in the financial services sector, for the first time a government-led efforts along with players from the financial sector industry are collaborating to launch a blockchain-based trade and finance platform. The banking industry is known for its insistence on…

Tesla Inc hires Snap Inc’s VP of Monetization Engineering

Tesla has hired Snap Inc’s Stuart Bowers who will now be its vice president of engineering. Electric carmaker Tesla Inc stated it has hired Stuart Bowers, Snap Inc’s vice president of monetization engineering, as its VP of engineering. He will work on Tesla’s Autopilot software and other projects. In recent days, several senior executives have…

Artificial intelligence are making Europe’s electrical grid more efficient

Roland Berger, a consultancy firm, says, the adoption of AI by utilities are heralding a new age of leaner, more efficient distribution and load bearing systems. According to Roland Berger, a consultancy firm, if utilities were to adopt artificial intelligence, which could predict demand swings on the usage of power, for example, they could significantly…