The latest review by EY reveals that as far as mergers and acquisitions are concerned, the 3rd Quarter of 2015 was dominated by deals involving the Internet of Things. Each of the deal averaging USD1.2 billion in value.
Software & IT services
PRESIOUS Project: The Scanner that Digitizes Archaeological Finds, Free to Use
The PRESIOUS project has developed software that will help archaeologists scan and analyze artifacts faster than traditional methods. It can simulate erosion, "find" missing pieces of an artifact, and predict the shape of a complete artifact.
Google And Facebook Emphasize on VR Projects, Reshuffle Executives
Google has assigned Cardboard famous Clay Bavor as the head of its virtual reality projects. Facebook has also assigned Instagram’s director of product as Head of Product management in its VR subsidiary, Oculus. The concurrent moves have been analyzed as their keenness for reigning over VR market.
Toyota Mirai: First Auto To Adopt Kymeta’s Flat Antenna Technology
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.
'Summon' Enables Tesla S to Get Parked Autonomously Even In Squeezed Places
Tesla S has got a new update of beta version software 7.1 named 'Summon', featuring to work with a distance of 39 feet without having a driver inside. In line with the existing Federal law, the autopilot is only allowed in private lands. However, the only reported shortcoming regarding inability to park autonomously is believed to eradicate with further developments in the near future.
Latest News
Facebook plans to build its first Asian data center in Changhua County, Taiwan. The company plans to invest $300 million for the data center that will sit on 20 hectares of land.
Netflix released its Continuous Delivery platform as an open source software this Monday. Spinnaker, is a replacement of their old software development tools, Asgard. With Spinnacle, Netflix can launch their streaming video service on multi-cloud platform. Previously, Netflix was fully reliance on Amazon Web Service to deliver its service.
Apple's CEO Tim Cook said that he has no plans to converge iPad and Macbook hardware lines into a hybrid device. He said that the death of computers such as the Mac was imminent and there would be a market for such traditional PCs for the foreseeable future.
Cisco and Ericsson on Monday reported a tremendous new partnership that they believe will bring in $1 billion for each company by 2018. Cisco is considered a pioneer in things that are associated to PC networking and is especially strong in selling its gear to market corporations and Government too.
Google can power related technologies and information from its projects and investments compared to traditional vehicle manufacturers. Autonomous driving keeps to be one of the most widespread research and recent development activities within the global automotive industry.
Microsoft teams up with Brooklyn-based start-up ConsensYs and launched Tuesday a cloud-based blockchain platform that lets financial firms experiment on bitcoin in a cheap and easy manner.
Apple Inc. announced on Tuesday that developers will now be able to invite around 2000 users to help beta test the applications for both iOS and newly launched tvOS via its TestFlight evaluation tool.
Artificial Intelligence seems to be working great for the tech giants including Google, Facebook & Apple who are working hard these days to get the best outcome.
Ericsson and Cisco make a merger-like deal, but really isn't to face rapidly changing global market and earn up to $1 billion for each company by 2018. Fortune reported that European gear mobile communication manufacturer Ericsson and Silicon Valley Internet gear giant Cisco went into a partnership that is focused on future networks that will help manage the cross-selling for the companies' end-to-end portfolio.
