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Crytek Applies a “Pay What You Want” Business Model to its New VR-Enabled Game Developing CryEngine V

Crytek’s new VR-enabled game development engine, the CryEngine V, will be available for a price that “feels comfortable” in the company’s new “Pay What You Want” business model. Users can buy resources from the engine’s new Marketplace system and also choose to contribute to the company’s new program to help indie projects around the world.


Nike Introduces Self-Lacing Shoe Technology, to be Available Later This Year

The self-lacing shoe technology finally arrives, as Nike announced its newest adaptive lacing technology. The HyperAdapt 1.0 will be available for Nike+ members later this year.

Chipotle to improve burrito offers to lure customers

Chipotle is considering to improve certain food safety measures, which the company recently introduced after outbreaks of E.Coli pushed Chipotle's balance sheet into a gloomy condition. Chipotle recently changed its cooking methodology by precooking the beef outside its own restaurants.

Ivanpah Solar Plant possible shutdown; The $2.2 bln power plant in Mojave performs lower than expected

Federally backed $2.2 billion solar plant in California may be forced to close. The solar plant failed to supply electricity to Pacific Gas and Electric Co as promised.


Latest News

It's Sesame Street's very own Cookie Monster that stars in the latest Apple iPhone 6s advertisement. It reiterates Siri's hands-free capabilities of getting commands. Siri was able to understand Cookie Monster's accent when he requested to set a timer for the cookies and play music while waiting for it to get done.
New Zealand's economy growth rate was higher than the forecasts for last quarter of 2015. Led by business services, retail, accommodation and construction sectors, the country's gross domestic product (GDP) surpassed the forecasts made by Reuters and Reserve Bank. But, the overall growth eased to 2.3 percent in 2015 from 4.1 percent in 2014.
Serious Fraud Investigation Office (SFIO) has been probing on Vijay Mallya's Kingfisher Airlines and Grant Thornton India regarding the 'inflated valuation' that reached over Rs 4,000 crore. The valuation came out just as the airline company is dealing with a cash crunch with previous loans considered to be non-performing assets.
It will be a different experience for consumers and golf fans alike as they take part in the Arnold Palmer Invitational PGA Tour event. MasterCard has teamed up with Wearality that develops VR glasses and other wearables and with Callaway Golf Company to enable people to engross themselves in the virtual and augmented reality.
Former Morgan Stanley banker Paul J. Taubman has received $75.5 million compensation in his first year as Chief Executive Officer at PJT Partners Inc. Taubman led the investment bank as a publicly traded company.
Instagram announced its decision to apply algorithms to reorder feeds, showing posts based on likelihood instead of time. Instagram is the latest among other social media giants to embrace such change.
Oracle's third quarter profit declined as strong growth in cloud business was offset by the robust US dollar. Revenues from cloud business increased 40% to $735 million during the third quarter.
The Bangladesh Bank Governor has tendered his resignation to the country’s prime minister following cyber theft of $81 million. He claims to remain in dark till the news got published in the media. The theft incident has turned an end to his seven years’ tenure as the central bank governor which has been dedicated to alleviation of poverty.
Pittsburgh’s culinary sector is growing fast as the city host more and more projects in the past few years. Cheap rent is believed to have drawn a lot of people, especially youth, to pursue their project in the city.
Chipotle said that it expects to report a loss of $1 per share in the first quarter. The company expects to incur additional costs with respect to marketing and food safety measures.
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