AmEx to slash cost by $1bn by 2017
Feeling the heat of competition in the global payments industry, American Express (AmEx) is in the process of reducing costs by $1billion by end of 2017. AmEx posted losses for the fourth quarter cons
Consumer Electronics
Samsung Plans to Limit Launch of Galaxy Z Fold 6 to Single Model
Samsung is rumored to limit its offering for its Galaxy Z Fold 6 for the summer version of Galaxy Unpacked this year.
OpenAI Co-Founder Ilya Sutskever Quits Startup Months After Kicking Sam Altman Out in Board Coup
In an X post, former OpenAI chief scientist Ilya Sutskever left the company to pursue a ‘personally meaningful’ project...
Meta and Apple in Race to Develop First Non-Invasive Neurotech for Healthcare
Tech giants like Meta and Apple are in fierce competition to develop the first AI-powered neurotechnology that will not be as invasive as Neuralink's...
Nvidia Employees Call Boss Jensen Huang ‘Demanding,’ But Experts Say He Has to Be to Survive Competition
Business experts understood that Nvidia CEO Jensen Huang’s immigrant background made him the successful but "cutthroat" boss that he is...
Apple Apologizes for New iPad Pro Ad That Sparks Angry Backlash From Hugh Grant and More
Apple's new iPad Pro advertisement has sparked angry reactions among p...
Apple's 10% iPhone Discount Boosted China Shipments to 12% in March
A surge of approximately 12% in iPhone shipments was recorded in China...
Latest News
IoT To Connect 34 Billion Devices By 2020, Cyber Security To Cost $6 Trillion During The Same Period
Internet of Things (IoT) has appeared as an exciting new technological chapter. Inclusion of more devices to the network poses huge risks of cyber attacking. Raising awareness among the device users h
Norwegian's Megakopter Drone Set World Record of Lifting Heavy Cargo
A group of students in University of Oslo set a Guinness World Record by lifting a 134.5 pounds (61 kg) payloads with drone. The drone is a multi copter drone made of eight drones chained together.
Oculus Founder Faces Lawsuit Over Breach of Nondisclosure Agreement
Palmer Luckey, founder of Oculus Rift company have to stand in court in a lawsuit against him. The plaintiff is Total Recall Technologies that accused the 23-year old to use its data illegally.
Federal Government Invest $4 Billion for Autonomous Car
U.S. Department of Transportation will be allocating $4 billion for the next 10 years in self-driving car technology. Government will boost the effort in developing autonomous vehicle to increase safe
Motorola Hits Market With Moto G3, The Most Budget Conscious Smart Phone
Motorola has unveiled its Moto G3 smart phone in July 2015 and now released in the market. The concept for making budget conscious smart phones has been attracted by other mobile giants including its
Amazon introduces Dash Replenishment Program on devices
Amazon introduced the Dash Replenishment service on selected devices. The devices powered by Amazon Dash Replenishment program could enable customers to order everyday fundamentals automatically from
Major device makers including Apple, Samsung, and Microsoft were reportedly involved in child labor
The child labor reported is taking place in the Democratic Republic of the Congo in cobalt mines. The estimation says that about 40,000 children are working for the mines. Companies listed in the repo
Microsoft to bring Windows Word Flow keyboard to iPhone
Microsoft is planning to bring its Windows Phone keyboard Word Flow to the iPhone, and is now recruiting iPhone users to test a beta version of the software.
Samsung Reached a Deal to Manufacture The Latest Qualcomm Processor
Samsung Electronics announced that it will produce the latest Qualcomm processor. The Qualcomm Snapdragon 820 will be mass produced using Samsung technology.
