China's President Xi Jinping and his Iranian counterpart Hassan Rouhani enter a new era of cooperation between two countries. In their meeting on Saturday, both countries agreed to expand trade to $600 billion in the next 10 years and bilateral cooperation.
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More than 250,000 drone users registered
Over 250,000 drone owners registered their remote-controlled aircraft during the first month of the aviation agency's online registration system. The fresh set of rules came out after pilots complained about the drones flying near them.
Survey Revealed VR Has Become More Attractive to Game Developers
Virtual Reality has started to attract more developers. Game Developers Conference revealed a survey showing that more game developers are working on VR prior to the event next March.
Facebook India: Free Basics Internet Program Still Struggles Against India Regulators
The program aims to provide limited internet access to users, but the concept has raised concerns regarding internet neutrality. The Telecom Regulatory Authority of India has asked Facebook to discontinue the service until they provide more information on the program as requested. Facebook has responded with a campaign, but the program's ban has not yet be lifted.
Many firms eventually pay Amazon tax as they rely on cloud computing unit
Many venture capitalists like Chamath Palihapitiya prefer to park their funds in Amazon as the online retailer is forecast to grow over a decade. The reason is that it's not because of e-Commerce operations, but its cloud computing unit Amazon Web Services (AWS). Many companies will eventually pay a fixed fee to Amazon as they increasingly rely on cloud computing services to run their services.
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BlueVine the fintech startup company completed its $40 million in Series C funding last Wednesday. The investment was led by Menlo Ventures and other participants.
The growing rate of opioid overdose epidemic could be caused by the racial stereotypes according to experts. Because of the stereotype, doctors tend to be more strict to black patients in giving opioid prescription to ease pain than to white patients. It then leads to the drug addictions among more white Americans.
The airways announced new cabin design, completed with enhanced technology system to meet travelers' needs nowadays. Besides in-flight internet connection, they also improved new entertainment system with new features and bigger database. The timing of these new improvements coincides with JetBlue's sixteenth anniversary.
Vijay Mallya, chairman of United Breweries Holdings Limited, approached the Delhi Court on Friday for a legal representation before a panel of State Bank of India (SBI) members, where they would argue their case against being declared as willful defaulters.
China has emerged a winner against crashing commodity prices and recorded a benefit of $460 billion this year. Out of this windfall, $320 came from cheaper oil prices alone and the remaining $140 billion from other commodities like energy, metal, and agricultural items.
The decreasing of China’s economic growth to the lowest rate in the last of 25 years has influenced the world’s economy. It made the International Monetary Fund slashed its global growth forecast for the third time in less than a year.
Aircall said that it has raised about $2.75 million in a seed funding round. The funding was headed by Balderton Capital, followed by FundersClub and US-based angels.
The statement came from Baidu's senior vice president Wang Jing. He believes that Baidu has some advantage over other car makers, especially local knowledge. The company has already invested a lot in the development of AI, that could help the development of autonomous cars.
Tesla cars sale fell below analyst expectation and its inability to roll out the Model X as promised lead J.P. Morgan analyst to reduce its profit projection for the fourth-quarter.
