There is more to this deal than meets the eye, especially in the wake of developments that preceded this wherein last month Kushner Companies ended talks with Anbang to redevelop its New York office tower. As per sources familiar with… Read More ›
Creativity
Riyadh looking to save billions in unfinished projects
Projects with high social welfare and business justifications are unlikely to see a funding cut. While investors in the U.S. are pouring in funds into shale oil, the Saudi government is looking into ways to recoup its investments, running into… Read More ›
Hedge funds and non-public private funds pour in money into U.S. shale
Technological advancements in shale oil have made it possible to significantly slash sunken costs. This is primarily the reason why investors are pouring in funds in the U.S. shale sector knowing that even if it were to hit $40 a… Read More ›
Apple teaming up with Foxconn for Toshiba’s chip unit
Apple’s allays national security concerns of Japan and the U.S. despite its teaming up with Foxconn. In the latest development in the saga of Toshiba’s chip unit sale, Japanese new agency NHK has reported that Apple Inc is considering teaming… Read More ›
Research Reveals, Least Likely To Accept Medical Treatment From Robots Are Patients In The UK
When it comes to robot-assisted healthcare, according to new research, patients in the U.K. are more skeptical than their international counterparts. Talking to and interacting with an artificially intelligence (AI) device, platform or robot for medical advice, diagnosis and treatment was accepted by less… Read More ›
Western Digital Corp tries to arm twist Toshiba for entering into exclusive talks
Western Digital has more than its foot in the door and is trying to capitalize on its existing joint venture with Toshiba. In a development of strategic nature, Western Digital Corp has shot off a letter to Toshiba, with whom… Read More ›
UK Chamber of Shipping underscores the need for a transitory agreement between the EU and Britain
Without a transitory agreement which governs the customs at ports, May is likely to find it hard to provide seamless, frictionless trade. As per the head of Britain’s ports and shopping industry, the introduction of physical customs checks following Brexit… Read More ›
Broadcom emerges as the highest bidder in the first round of bidding for Toshiba’s chip unit
Foxconn is a close second. Japan, U.S. and Taiwan will have to coordinate more closely so that the Chinese don’t get their hands on U.S. nuclear technology, which has the potential for dual use. As per a source briefed on… Read More ›
Army Of Robots Sorting 200,000 Packages A Day Results In Halving Of Worker Costs At A Chinese Firm
In what is being considered as the latest example of how machines are increasingly taking over menial factory work on the mainland China, a video showing an army of little orange robots sorting out packages in a warehouse in eastern China has… Read More ›
Millions In Boeing Dreamliner Costs Expected To Be Saved By Printed Titanium Parts
The first structural titanium parts for its 787 Dreamliner would be built by Norsk Titanium AS who have been hired by Boeing. In a shift in its strat55egy and with the intention to save money, the Norwegian 3-D printing company… Read More ›
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