A recent report showed the declining trend of people to have driver's license in United States. Research was conducted by University of Michigan Transportation Research Institute.
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Las Vegas taxicab extortion exposed – an outrageous $47 million in public overcharge
Las Vegas city cabs have overcharged the customers by a whopping $47 million, the findings reveal. The root cause of this extortion lies in its ridiculously high $3 credit card processing fees along with a hike in fuel surcharge. Long-hauling is also an added factor in duping particularly the tourists. The auditors have slammed some pretty harsh recommendations on the Nevada Taxicab Authority which regulates all Clark County cabs.
Twitter: Australia launched a new koala emoji to celebrate Australia Day
The emoji features a koala wearing a pair of sunglasses, and will appear automatically when a user tweets using the hashtag #AustraliaDay. An event on Tuesday marks the opening of the digital celebration one week prior to the national holiday on January 26. Australian netizens are also encouraged to tweet their stories and views on the holiday.
For Chinese Consumers, Oil Prices Halted At $40 Per Barrel Will Not Cut Down The Fuel Prices
The cutting down of the global crude oil in the world has not really influenced the Chinese consumers' retail fuel prices. The price remains the same as long as the price does not touch %40 per barrel.
Space Gardening: A flower blooms in International Space Station for the first time
Previously, an experiment team of a space gardening project called Veggie has also succeeded planting consumable lettuce. The flower bloom is a remarkable step forward to a more advanced technique and choice of plants to grow in space. The project was established because NASA seeks to learn how astronauts can grow their own food in space to sustain long-term space journey.
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YouTube and Pakistani authorities agreed on some unknown terms that give partial power for the government to request the removal of offensive materials. However, the requests will be thoroughly reviewed and being accounted for. Other terms remain unknown.
AMD said that it expects Polaris architecture based GPUs to begin shipments in the middle of 2016. According to the reports one version of Polaris GPU is aimed for light and thin laptops as well as entry-level desktops, while the other is designed for high performance.
KAIST, a Korean science and technology institute has developed the Fireproof Aerial RObot System (FAROS). FAROS is a sort of drone capable of locating humans’ position trapped inside a sky scrapper through its inbuilt thermal imaging camera. The research team, that invents fire fighting drone, has demonstrated the feasibility of the localization system and wall-climbing mechanism in a smoky indoor environment.
Paris-based music streaming service Deezer has raised around $109 million in a Series E round of funding led by Access Industries. The latest funding will help the company to attract more subscribers even after putting their IPO plan on halt.
The adverse conditions in the global economy and weaker stocks on Wall Street may prevent the US Federal Reserve from going for a rate hike again. Some analysts forecast four more rate hikes in 2016, while Reuters' poll indicate three times hike this year. The slump in commodities, weaker global markets, slowdown in China's economy and lower oil prices are causes of concerns for the US Fed as these are upsetting the Wall Street.
South Korean currency Won has been volatile as it hit five-year low and recovered marginally. Won was tracking to Chinese currency Yuan as the dragon country is the major foreign market for South Korea. China's GDP rose 6.8 percent during fourth quarter marginally lower than the forecast of 6.9 percent. This disappointed the market.
Saudi Arabia and other Gulf nations are buying thousands of acres in the US. Recently, Fondomonte California has purchased 1,790 acres of farmland in California. Almarai bought 10,000 acres of farmland in Arizona two years back. These companies have cultivating alfalfa hay and exporting back it to feed dairy herds. Local farmers in California and Arizona are expressing concerns over drop in groundwater table.
Saudi Arabia has ruled out allegations that Iran has been targeted in the oil price war. Saudi Arabian foreign minister said that it's demand-supply situation that determines price in the global oil market. The low price is also hitting US shale oil, which involves high cost of production.
Vodafone Group is confident that as soon as 5G wave hits the world in 2020, Australia will be among the first few countries to adopt this new-age technology. The mobile operator's priority goals include customer satisfaction and customized plans, along with 5G launch. A 5G-friendly Australia will be seen as a super-speedy service that should eliminate all video buffering and enable super-fast downloads.
