Identity management company Okta has officially filed for an initial public offering, seeking to raise $100 million. The tech IPO scene has been rather sluggish in the past several years, but things are expected to pick up in 2017 and the recent Snap IPO breathed some much-needed new life into the space. Many believe that the Snap IPO opened the door to more tech IPOs and they might just […]
A team of engineers has developed the nanotechnology and wireless electronics for a new type of retinal prosthesis that brings research a step closer to restoring the ability of neurons in the retina to respond to light. The researchers demonstrated this response to light in a rat retina interfacing with a prototype of the device in vitro. (via WSJ)
When Strata + Hadoop World comes around in the US, once a year in New York and once a year, as it is now, in San Jose, CA, it’s a bit of a news feeding frenzy. I’m not even at the event; I was merely pre-briefed by four vendors, last week and yesterday, with announcements they’re making this morning. And still, it’s a lot. Cloudera told me […]
14 March 2017 Dubai, United Arab Emirates, March 14, 2017-(ME NewsWire)- Inaugurating its office in Dubai, Seoli Innovations revealed its smart glass products catering to developers, home owners, hospitals and industry professionals, allowing them to adopt energy and cost efficient solutions that transform their spaces into flexible and smart living or work experiences. Manufactured according to the highest international standards and adapting to today’s rising design challenges, […]
14 March 2017 Dubai, United Arab Emirates – The 10th edition of GESS Dubai begins today at the Dubai World Trade Centre, with over 10,000 education professionals from around the region expected to attend over the course of the three-day event. Organised by F&E Education, GESS Dubai is under held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of […]
To investors still betting — either by choice or technical necessity — that Toshiba can pull off a miracle escape act, Monday night produced yet another dispiriting blow. With just hours left before the troubled Japanese conglomerate was due to submit its audited third-quarter earnings — an already overdue document critical to its continued status as a listed entity — sources close to the company confirmed that […]
In textbook fashion, the Federal Reserve has prepared traders and investors for a 25 basis points increase in policy interest rates this week. When it comes to lasting effects on markets, however, the Fed is likely to deliver more than the third rise in 10 years. It will also signal an important evolution in its policy approach aiming for a beautiful rate normalisation. Facing an implied probability […]
Volkswagen Volkswagen has already taken a battering to its reputation due to the emissions scandal and is now tarnished further as the automaker has pleaded guilty to criminal charges as part of a settlement with the US Department of Justice (DoJ). On Friday, the automaker pleaded guilty in a Detroit federal court to felonies in connection with the 2015 emissions scandal. For years, the company sold a’clean […]
Leisure This is Ferrari’s new supercar – the 812 Superfast. It’s powered by a 6.5-liter V12 engine (that’s 200 cc larger than the unit found in the LaFerrari). It produces 789 horsepower. That makes it the most powerful non-hybrid model ever made by Ferrari. It goes from zero to 2.9-seconds in just 2.9 seconds. Its top speed is 340kph (or 211 miles per hour). The Superfast is […]
By carefully combining multiple structures, metamaterials can exhibit properties that don’t naturally exist. A research team has a new, simpler way of making them, using a concept dubbed ‘photonic doping.’ (via WSJ)
Tim Berners-Lee, Web Foundation founder and the inventor of the world wide web, has published his take on what needs to be done to ensure the future of the web fulfils his vision of an equalising platform that benefits all of humanity, including tackling fake news, political advertisement, and data sovereignty. Marking 28 years since Berners-Lee submitted his original proposal for the world wide web, the now-53 […]
By Jeremy Wagstaff | SINGAPORE SINGAPORE In today’s so-called smart home, you can dim the lights, order more toothpaste or tell the kids to go to bed simply by talking to a small Wifi-connected speaker, such as Amazon’s (AMZN.O) Echo or Google’s (GOOGL.O) Home. This voice-first market – combining voice with artificial intelligence (AI) – barely existed in 2014. This year, Voice Labs, a consultancy, expects 24.5 […]
ABU DHABI // Police in the UAE are targeting young adult drivers after statistics revealed almost half of traffic accidents were caused by motorists aged between 18 and 30. The Ministry of Interior said 45 per cent of traffic accidents last year were caused by motorists in that age group, compared with 47 per cent of accidents the previous year. Road safety experts said the ease […]
By Angela Moon | NEW YORK NEW YORK For some millennial investors, loyalty to one of their favorite apps matters more than financial details in the case of Snap Inc. The stock of Snapchat’s parent company has been on a roller-coaster ride since its market debut last week, surging more than 70 percent from the initial public offering price in the first two days of trading and […]
Google’s self-driving unit, now called Waymo, is going after Uber, and it’s making it clear. It’s stepping up its legal attack on the popular ride-hailing company, most recently by asking a court to block Uber from leveraging technology, which it allegedly stole from Waymo to get ahead in the race for driverless cars. Waymo’s Uber Lawsuit The two, both Silicon Valley companies, are duking it out over […]
Electrical and computer engineering researchers have created a magnetic tunnel junction that can be switched by a pulse of light lasting one trillionth of a second—a new record. This advancement holds promise for the development of new, optically controlled, ultrafast magnetic devices for innovations in information storage, processing, and communication. (via WSJ)
In order to develop new materials, material engineers need to be able to predict how fast impurity atoms diffuse, or spread, in a crystal over a range of temperatures. Using new computational techniques, researchers have constructed the first exact model for diffusion in magnesium alloys. While magnesium is the lightest structural metal, this new model could mean big things for material engineers, as it can also be […]
Alphabet’s Waymo is requesting for a preliminary injunction to keep Uber from pushing through with its self-driving car plans and thus stop the ride-hailing service from using allegedly stolen secrets. This move follows the lawsuit Waymo filed back in February against Otto, a self-driving truck startup, and Uber, the startup’s parent company. The case argues that the defending party has stolen more than 14,000 confidential documents, including info […]
AJMAN // Four electrical engineering students have designed a one-of-a-kind smart bed for disabled people. The students at Ajman University of Science and Technology saw the problems paralysed people face and came up with the smart bed idea and decided to use it as their senior project. They combined four essentials that paralysed patients need into one bed: a manual and auto controller used to flip the […]
The tier gives limited access to 15 services. (Image: Google) Stressing its fundamental commitment to openness, Google on Friday announced that it’s adding a free tier to the Google Cloud Platform (GCP). The tier gives limited access to 15 services, including Google Compute Engine (1 f1-micro instance per month in US regions and 30GB-months HDD), Google Cloud Storage (5GB a month), Google Pub/Sub (10GB of messages a […]
The University of Manchester is leading a consortium to investigate advanced technologies, including robotics and artificial intelligence, for the operation and maintenance of offshore windfarms. The remote inspection and asset management of offshore wind farms and their connection to the shore is an industry which will be worth up to £2 billion annually by 2025 in the UK alone. Eighty to ninety percent of the cost […]
The internet as it currently stands is “not fit for purpose” to engage the connectivity of things and machines, according to Cisco ANZ CTO Kevin Bloch, as mobility requirements will be subverted by the Internet of Things (IoT) and a complete re-engineering will need to take place. “As we move to more machines being connected than humans, the first generation of the internet is not fit for […]
By Lucia Mutikani | WASHINGTON WASHINGTON U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise interest rates next week despite slowing economic growth. Nonfarm payrolls increased by 235,000 jobs last month as the construction sector recorded its largest gain in nearly 10 years due to unseasonably warm weather, the […]
The middle ground isn’t exactly a term that many sports-car manufacturers would like associated with their tarmac-gobbling wares, but that’s exactly how Porsche positions the premium on-road niche in its long-celebrated 911 range. But its pitch explains everything: the GTS is a notch below the try-not-to-get-killed madness of the GT3, marrying sporty intent with everyday usability, making it the most-aggressive 911 this side of its race-ready road […]
