Microsoft has started to display HoloLens, its first AR product at its flagship stores in New York. Unlike similar products developed by other competitors, the WiFi device has a very poor battery life. The tech giant is working to transform the device devoid of such shortcomings and expects to make it available in the first quarter of the current year.
Industry
NuScale submits design to US authorities to build small nuclear plants in UK by 2025
Fluor Corp.’s NuScale unit will build small modular nuclear plants in the UK, which ambitions to have these facilities by 2025. The firm plans to submit a 50-megawatt reactor design to the U.S. nuclear authorities by the end of 2016.
Nissan Leaf buyers treated with two years free charging
Nissan provides two years of free charging for owners of its electric vehicle Leaf through the “No Charge to Charge” program. That program is now available in 26 states in the US.
Forbes sets guidelines on when to hire digital consultants
The digital consulting market is a fast growing industry, and Forbes has given guidelines on determining when to hire a digital consultant.
Head of China Securities Regulatory Comission To Step Down
Chairman of China Securities Regulatory Commission (CSRC) was reported to offer his resignation. Xiao Gang handed his resignation last week following a failure in executing circuit breaker system in China stock markets.
Latest News
JD.com, China’s largest online direct sales company, has raised $1 billion, for its JD Finance subsidiary from investors including Sequoia Capital China, China Harvest Investments and China Taiping Insurance.
As oil price continues to plunge, two Japan airlines:Air Nippon Airways (ANA) and Japan Airlines (JAL) decided to eliminate fuel surcharge. This will trim the airline tickets price substantially. Both airlines are also actively searching for alternative fuel.
With the advancement of technologies, businesses would prefer robots or artificial intelligence as workers. However, the industries would still need growing numbers of certain skilled workers.
Spotify and Genius work together to provide a better and deeper music experience for their users. Fact Tracks shows lyrics, along with annotations from the community or the artist itself.
Michigan appears to be the first US state to enjoy gas at $0.77 a gallon. The states closer to the refineries or containing those, enjoy gas at a relatively cheaper price. In the blink of further oil price fall, the US states, who are badly hit due to falling oil price, are considering to increase gas tax. These states aim to continue development works in communication sector, which they are unable to allocate with the problem riddled economies.
Oil explorer Tullow expects to report revenue of $1.6 billion for the year 2015. The company also anticipates its impairment charges to be $0.9 billion for the full year.
Previously, the company has also purchased German's KraussMaffei Group. Also, Chinese companies investment overseas is growing.
The 24 Hours of Nürburgring will see Toyota breaking away from its conventional ways, to enter three models in this year's Toyota Gazoo Racing. Among which, one is a cross-over machine and Toyota's next production venture.
Periscope's broadcast videos can now be played directly in Twitter's app. But the change is yet to be made in Twitter's Moments.
