Jason Dorfman, MIT CSAIL MIT researchers have unveiled a new way for consumers and businesses to take to the skies — by designing and developing their own drones. The program, created by a team from the Massachusetts Institute of Technology (MIT)’s Computer Science and Artificial Intelligence Laboratory (CSAIL), is a prototype computer system (.PDF) which allows users to create a variety of drones. According to the lab, […]
Indian politicians, celebrities and the public turned out to say goodbye to Tamil Nadu Chief Minister Jayaram Jayalalithaa Tuesday. Crowds thronged the streets as her supporters massed to try and pay respects and get a glimpse of her body, lying in state at Rajaji Hall in Chennai. As politicians made arrangements to attend her funeral, they also took to social media to pay tribute to the leader. Prime Minister […]
It’s been a bad year for newspapers. Money from print advertising is tanking. Layoffs have affected newsrooms large and small. And The President-elect isn’t shy about abusing journalists on Twitter. But today, just a few weeks before Christmas, the clouds parted a bit as New York Times CEO Mark Thompson spoke at the UBS Global Media & Communications Conference in Manhattan. He dispensed a couple of encouraging […]
Transport for NSW is looking to partner with industry to develop a series of pilots that will see the trial of on-demand public transport services. The state government has gone to tender, calling for pitches comprising “innovative models” for on-demand services that also offer customers personalised and flexible technology-enabled solutions. According to Transport for NSW customer services deputy secretary Tony Braxton-Smith, partnering with industry leaders would put […]
Anyone checking the exchange rate between China’s renminbi and the US dollar would have got a shock early on Tuesday when an apparent glitch resulted in quotes shown on Google and at least two other currency exchange websites showing an 8 per cent devaluation. When markets opened, the Chinese currency instead rose against its US counterpart, after the central bank set the midpoint of the renminbi’s 4 per […]
BANGKOK Floods in Thailand have killed 14 people and badly affected southern holiday islands as the country heads into the December-January high season for tourism, authorities said on Tuesday. A low pressure system has brought heavy rain to parts of the south including the islands of Samui and Pha Ngan in the Gulf of Thailand, and floods have also severed the rail link to the south and […]
MANCHESTER, England — To Pep Guardiola, as to anyone involved in elite sports, the very idea of being second best is anathema. So Guardiola, the Manchester City manager, did not need to pause for thought when he was asked whether, in certain circumstances, there is no difference between coming in second and finishing first. “I prefer first,” he said, without missing a beat. Pushed for an explanation, […]
Time magazine said Indian Prime Minister Narendra Modi won its online readers’ poll which contributes to its selection of its person of the year. Mr. Modi beat U.S. President-elect Donald Trump and President Barack Obama to win 18% of the vote. He also beat Hillary Clinton, Mark Zuckerberg and Wikileaks founder Julian Assange. Mr. Modi last month unleashed chaos in the South Asian nation with a surprise […]
By Julia Love | SAN FRANCISCO SAN FRANCISCO Sales of the Apple Watch to consumers set a record during the first week of holiday shopping, and the current quarter is on track to be the best ever for the product, Apple Inc (AAPL.O) Chief Executive Tim Cook told Reuters. Responding to an email from Reuters, Cook said the gadget’s sell-through – a measure of how many units […]
Flat6Labs Abu Dhabi, a digital media accelerator supported by twofour54 Abu Dhabi, showcased eight new start-up companies during its third Demo Day. The Demo Day, held under the patronage of HE Noura Al Kaabi, Minister of State for Federal National Council Affairs of the UAE and Chairwoman of the Media Zone Authority-Abu Dhabi, and twofour54, took place during the UAE Innovation week. In addition to the diverse […]
Israeli audio social media company HearMeOut is now trading on the Australian Securities Exchange (ASX) after raising AU$6.5 million at 20 cents per share from a consortium of domestic and international institutional investors. The top shareholder in HearMeOut is Russian VC firm Vaizra Investments, launched by the founders of Russian Facebook rival VK.com. The funding will be used for investment in media and automotive partnerships as well […]
Tuesday 02.00 GMT Overview Stocks across Asia were higher, taking their lead from US and European bourses that shrugged off the result of a No vote in Sunday’s Italian referendum on constitutional reform. Hot topic China’s renminbi has become a talking point after a handful of web sites, including Google, generated apparently erroneous quotes for the currency around Rmb7.48 per US dollar — a rate that would […]
HONG KONG Asian stocks opened higher on the back of a strong Wall Street with markets discounting the potential impact of Italy’s referendum vote, while U.S. Treasury yields firmed as robust economic data pointed to an interest rate hike next week. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.4 percent in early trade with Antiopodean markets leading gains. Korea .KS11 climbed 1 percent in […]
The federal government has handed out the first round of its AU$8 million Women in STEM kitty in a bid to encourage more female involvement in science, technology, engineering, and mathematics (STEM)-based careers. The AU$3.9 million in funding will be spread across 24 organisations to roll out projects aimed at building interest in STEM for primary school age students, supporting post-graduates and women already pursuing STEM careers, […]
Facebook, Google, Microsoft and Twitter on Monday announced they had joined forces in an attempt to curb explicit terrorist imagery online. The move follows criticism from Brussels that big US social media groups have made insufficient effort to clamp down on hate speech. In a statement, the technology groups said they were building new technology that would identify extremist content, including terrorist recruitment videos and images of […]
U.S. President-elect Donald Trump said on Monday he would name retired neurosurgeon Ben Carson as secretary of the Department of Housing and Urban Development. The following is a list of Republican Trump’s selections for top jobs in his administration. All the posts but that of national security adviser require Senate confirmation: DEFENCE SECRETARY: JAMES MATTIS Mattis is a retired Marine Corps general known for his tough talk, […]
The great American corporate buyback party was expected to fizzle out next year, leaving a hangover of debt and remorse. Instead, the boom may soon find renewed succour if US companies bring their pile of foreign-based cash back home. A tax holiday for US companies looms under president-elect Donald Trump, with some seeing this wave of cash as the catalyst of an investment boom and faster US […]
Today digital transformation is a widely known concept. The growing connectivity of people, machines and even businesses has changed the demands of the markets. In order to keep up and stay competitive, business have to adjust to these demands by digitizing their processes and business models. But the digital transformation also holds a lot of new opportunities to grow or even establish new branches of business. Therefore […]
Yet now, on the eve of his second season as the coach at the Patrick School, Rice may be well positioned to continue his career rehabilitation in a major way: with a job on a much bigger stage. His Patrick School team, which opens the season Dec. 16 at the City of Palms tournament in Florida, is loaded with talent and will appear in several nationally televised […]
Wall Street rose on Monday, with the Dow Jones industrials setting fresh record highs, as services sector data gave further evidence of strength in the domestic economy. U.S. services sector activity hit a one-year high in November, with a surge in production boosting hiring, following on the heels of Friday’s employment report that showed strong job gains last month. U.S. stocks have climbed since the Nov. 8 […]
Italy’s president has asked Matteo Renzi to stay on as Italy’s prime minister until the country’s budget law is passed in parliament, extending his stay at the helm of the Italian government for possibly a week. At a meeting in the presidential palace in Rome, Mr Renzi expressed his intention to resign after suffering a bruising defeat in a constitutional reform referendum held on Sunday. But Sergio […]
Shipments of wearable devices continued to rise in the third quarter of 2016, according to the latest data from IDC. But while the segment experienced growth overall, there’s mounting disparity among the top providers. As has been the case for much of 2016, fitness bands, which are part of IDC’s “basic wearables” category, were the top-selling wearable devices in Q3 and accounted for 85 percent of the […]
December 5, 2016 by: Anjli Raval, Oil and Gas Correspondent Oil rose to its highest level since mid-2015, topping $55 a barrel, as traders bet on supplies tightening after Opec struck a deal last week to cut production for the first time in eight years. The 13-member cartel has now invited producers from outside the cartel to Vienna this week, as it looks to secure their backing […]
Photo Destroyed buildings dominate an eastern Aleppo neighborhood as pro-government troops advanced toward the area on Monday. Credit George Ourfalian/Agence France-Presse — Getty Images BEIRUT, Lebanon — With the Syrian rebel enclave of eastern Aleppo shriveling, Russia said on Monday that it would start talks with the United States this week on a deal for holdout insurgents to leave, and that any who refused would be regarded […]
