Industry

US pilots forgot how to fly manually

The Department of Transportation has come out with a latest report on the US aviation sector. The department expressed its concerns that pilots don't have much expertise in handling aircraft manually. US pilots fly aircraft on automated system for over 90 percent flying. This makes pilots unable to control the aircraft in unforeseen situations.


Leaders Fund Established $100 Million Venture Fund Targeting Software Startups

A group of technology executives in Canada and U.S. launched a Toronto-based $100 million venture fund. The group is focusing to fund enterprise software to establish its investment portfolio.

Venture Capital Firms Face Slowdown in Tech Funding

Venture capital firms raise less capital and face a slowdown in tech funding for 2015. However, the number is still above annual average since 2006.

U.S. Venture Capital Fund Dropped 9% in 2015, But Strong Pace Continued

Venture capital fund in the U.S. dropped by 9% in 2015, but a strong fundraising pace from 2014 continued. Investor become more selective to put the capital in startup companies.


Latest News

Toyota Mirai has been represented with a flat antenna at this week’s North American International Auto Show in Detroit on Tuesday. The flat antenna technology is capable of widening the coverage area and shares the same communication standard across national borders. The Mirai trial still appears in the early testing stages and Toyota commits to install data communication modules in a wider range of vehicles.
Gartner, a technology research firm has represented Apple through a study report as the lone PC vendor to post positive sales growth during 2015. The tech giant currently enjoys a market chunk of 7.5%. Apple’s performance appears to be shining since the worldwide PC market is passing through a negative sales trend for the fourth straight year.
Google wants to involve many automobile manufacturers and suppliers in developing its ambitious self-driving cars. Contrary to market rumors, Google didn't announce its plans for partnership with Ford. Google believes that its self-driving project would be beneficial to senior citizens. Google involved Roush Enterprises to assemble self-driving cars, which are being road tested.
On Wednesday, China revealed its export in December 2015 showed a 2.3% raise from November. Data from China's General Administration of Customs shows the nation's trade surplus, and the report has lifted the market a bit.
Shanghai Disney Resort prefers using smartphones over Magic Bands for entrance, buying merchandise, and accessing rides.
Megabots’ Mk. II showcases capabilities at Zappos and Consumer Electronic Show (CES) 2016 to hopefully win the Extreme Tech Challenge (XTC) grand prize to further enhance their robot and fight Japan’s Kuratas, by Suidobashi Heavy Industry.
Hong Kong's largest telecommunications company, PCCW, launched its new Viu streaming service, which offers the latest Korean dramas.
A group of investors filed a class-action lawsuit against Chipotle for allegedly misleading them about the company’s health control.
Panasonic showed off its adjustable, transparent LCD screen at the CES 2016 that becomes invisible when turned off or not in use.
General Motors' Buick brand unveiled during the Monday Detroit Auto Show its new sporty Avista concept car, which pumps a 400 horsepower.