Industry
Credit Suisse, Barclays to pay $154.3mn to settle 'Dark Pool' probe
Credit Suisse Group AG and Barclays Plc will pay combined $154.3 million to settle regulatory investigations into their 'dark pools.' The New York Attorney General said that the fight against the fraud and rigging in the trading mechanism would continue further. The US Securities and Exchange Commission (SEC) observed that Barclays and credit Suisse have misled their investors by providing inaccurate information.
Boeing 737 MAX airliner: Successfully completes maiden flight
Boeing’s newest airliner 737 MAX flies its wings for the first time. The airliner took off from the company's Renton, Washington factory. The journey of this aircraft paves way towards scheduled delivery of airlines in 2017.
Microsoft to place future data centers under water
Microsoft has put a prototype of data center under the ocean to examine its efficacy to work hundreds of feet beneath the ocean surface. The underwater data centers could reduce the delay in web service.
New iPhone: Apple is Developing Wireless Charging for Its Devices To Be Released in 2017
Apple has been showing interests in developing wireless charging technology since they released the first iPhone. Their ambitions have been closer to reality and we could expect to see the new technology to be a key feature in Apple's devices as soon as next year.