Manpreet Romana | AFP | Getty Images A US Marine of 2nd Marine Expeditionary Brigade runs to safety moments after an IED blast in Garmsir district of Helmand Province in Afghanistan on July 13, 2009. The global war on terror is fueling demand for robotic and other technology that can defeat or detect improvised explosive devices, or IEDs. The counter-IED ... Read More »
HIGHLIGHTS Mobvoi’s Ticwatch E starts at $99 on Kickstarter Louis Vuitton’s Tambour Horizon is priced at $2,450 These smartwatches run the latest Android Wear 2.0 The smartwatch segment may not have seen the same craze as other technological innovations like the smartphone or the tablet, but that doesn’t mean that there aren’t companies investing in them. In fact, smartwatch sales ... Read More »
SunPower, Stion, SolarReserve, UtilityAPI, EnergySage and others win funds to advance solar innovation, as agency faces cuts under Trump budget. The Department of Energy may be facing potentially massive budget cuts and interference in how it gives out green technology research grants, but it’s still getting the money out there. The latest installment is $46.2 million from DOE’s SunShot Initiative, aimed at bringing a host ... Read More »
Technology shares surrendered their leadership in the U.S. stock market over the past month, but the fast-expanding group may soon resume its outperformance and manoeuvre back into pole position. Approaching earnings reports for the technology sector, for which profits are expected to outpace the overall S&P 500 for the 11th consecutive quarter, could lure back investors who have been concerned ... Read More »
Ariel Jerozolimski | Bloomberg | Getty Images Inside the Tel Aviv Stock Exchange Israeli pension funds are expected to get a waiver that will allow them to invest in four new high-tech funds for which the government issued new tenders this week. The new mutual funds, meant for both private and institutional investors, are to be traded on the Tel ... Read More »
HIGHLIGHTS The ZenBook Flip UX360CA is 13.9mm thin and weighs 1.3kg Performance is at par with similarly priced ultrabooks Laptop-style usage is more comfortable than tablet-style usage Asus has been pumping out new laptop models at a prolific pace, and is slowly but steadily climbing up into the top tier of manufacturers. It has one of the most diverse portfolios ... Read More »
Federal Reserve Chairwoman Janet Yellen The Nasdaq and S&P 500 finished higher while the Dow industrials closed fractionally lower Wednesday as Federal Reserve policy meeting minutes indicated a reduction in the central bank’s economy-boosting balance sheet could begin soon, and technology stocks rallied amid a disappointing manufacturing report and a tumble in crude futures. The Dow Jones Industrial Average DJIA, -0.01% finished down ... Read More »
The UK is in a position to lead the world’s public sector IT market due to government reforms and broad public acceptance of digital, argues a new study The market for government technology in the UK could be worth £20 billion by 2025, creating opportunities for startups and smaller firms, according to a new report. Rapid advancements in technology, along with the ... Read More »
Figures on weekly jobless claims rose slightly in the latest week. U.S. stocks tumbled Thursday, with the S&P 500 and Dow industrials logging their worst one-day declines since May as the technology sector resumed its selloff, overshadowing advances in financials. The Dow Jones Industrial Average DJIA, +0.29% fell 167.58 points, or 0.8%, to 21,287.03, its biggest percentage decline since May 17. The S&P ... Read More »
HIGHLIGHTS Amazon has finally launched the Fire TV Stick in India The launch was accompanied by a large number of Indian apps Most of these offer a poor experience on the television screen On Wednesday, Amazon launched its Fire TV Stick in India, priced at Rs. 3,999 (there’s a Rs. 499 cashback for Prime members), which means that for the first time since ... Read More »
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