Alibaba Plans to Invest Heavily on Cutting-Edge Technology

In order to compete with the heavy dominance of Silicon Valley in high technology, Alibaba—China’s e-commerce company—is planning to invest a total of $15 billion into research labs with a global network. According to the Company, this massive investment would put to use in establishing research facilities in the United States, Russia, Singapore, Israel...

Boeing Plans to Increase Automation

Boeing, an aircraft manufacturing company, is planning to purchase Aurora Flight Sciences—a company that specialises in making aviation parts and automated drones. This is a well-calculated step that will help in bringing greater automation to military drones, airliners and air taxis (for personal use) too. According to Greg Hyslop, Chief Technology Officer and Senior VP...

Blue Origin Gearing Up to Take Tourists into Space

According to Bob Smith, the Chief Executive Officer of Blue Origin (an aerospace manufacturer founded and masterminded by Jeff Bezos), by April 2019, a Blue Origin rocket could fly tourists to space. This timeline seems to be different from the one that was promised by Company’s President, Rob Meyerson. He had earlier said that...

Preparation for Yellowstone’s Supervolcano

A gigantic magma chamber lies beneath the Yellowstone National Park, US. It’s a site known for its hot springs and geysers. But, according to NASA scientists, this area is not that peaceful after all and it can turn into a supervolcano in the future. According to Brian Wilcox of NASA’s Jet Propulsion Laboratory (JPL),...

General Motors Plans To Go All-Electric

General Motors (GM), one of the three major American automobile manufacturers, said that it plans to go all electric. It also said that, over the next 18 months, it plans to release two brand new electric vehicles. Also, in the next six years, it plans to launch 20 more electric vehicles. According to Mark Reuss,...

New Tax Plan May Not Save Your 401(K)

To the relief of corporations and middle-class in the US, President Donald Trump has promised that the new tax reform plan will significantly decrease taxes. However, this tax reform plan could have serious implications for the owners of 401(k) and their saving plans for retirement. The plan mostly focuses on reshaping important provisions like reducing...

Video call security bug fixed by Whatsapp

The latest bug on Whatsapp’s platform that gave access to hackers to take over users’ applications on answering an incoming Whatsapp video call has been fixed according to the announcement made by Facebook’s messenger app on Wednesday. Technology websites ZDnet and The Register has previously reported that the vulnerability affecting Whatsapp on Android and Apple...

Apple secures crucial iPhone technology from Dailog in a $600 million deal

Dialog Semiconductor, the Anglo- German firm’s power- management technology has been bought by Apple Inc for its iPhone in a $600 million deal. Apple’s last considerable acquisition was the $350 million purchase of Prime Sense’s Face ID in 2013, making this latest agreement to acquire patents and people from the German- listed company first of...