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Smart glasses: Optic 2000 celebrates 50 years of innovation

Smart glasses: Optic 2000 celebrates 50 years of innovation
The last edition of Las Vegas’ global innovation exhibition has been marked with French eyewear specialist Optic 2000’s 50th anniversary. After decades of focusing mainly on optics and design, the French firm is now addressing the next era of glasses: technology integration.

Researchers Suggest Previous Studies On Smartphone Addiction May Be Flawed

Researchers Suggest Previous Studies On Smartphone Addiction May Be Flawed
Researchers are now suggesting the there are some serious flaws in a large majority of studies and surveys that have been conducted in recent times which examines the impact on the psychological...

Myth Of Positive Health Impact Of Moderate Drinking Debunked In New Study

Myth Of Positive Health Impact Of Moderate Drinking Debunked In New Study
Earlier studies which had given rise to the notion that one or two drinks a day might protect against stroke have been negated in the results of a major genetic study which has also claimed a very...
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Profit Warning For 2019 Issued By German Auto Giant Daimler

Ford-VW Expands Partnership To Include Self Driving And Electric Vehicles

Study Claims Cancer Risk Increase From Consuming Sugary Drinks, including Fruit Juice

Worse Economic Outlook For Euro Zone Due To Uncertain US Trade Attitude

Apple Begins Program For App Development In China

United Europe Needed To Salvage Iran Deal: EU Leaders

Sotheby’s Expect Bid Of Up To $160,000 For Nike ‘Moon Shoes’ & ‘Back To The Future’ Sneakers

Tesla Pushes To Boost Sale – Drops Production Of Cheapest Variants Of Model X, S Cars

Vodafone Australia Had Mislead Customers, Admits The Company, After ACCC Probe

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Vodafone Australia Had Mislead Customers, Admits The Company, After ACCC Probe

Tesla Pushes To Boost Sale – Drops Production Of Cheapest Variants Of Model X, S Cars

Reader's Pick

Massive Change To Be Implemented In Porsche In Its Sports Cars 06/28/2019

Smart glasses: Optic 2000 celebrates 50 years of innovation 06/25/2019

ChemChina’s Acquisition Of Syngenta Was A ‘Mistake’, Says Chinese Ambassador 06/29/2019

Cyber-Attack On Iranian Weapons Systems Launched By US 06/24/2019

Waymo, Renault And Nissan Sing Agreement For Self-Driving Vehicles 06/24/2019

Latest Business News
Vodafone Australia Had Mislead Customers, Admits The Company, After ACCC Probe

Vodafone Australia Had Mislead Customers, Admits The Company, After ACCC Probe

Companies

Following an investigation over alleged acts of misleading customers by the Australian Competition and Consumer Commission (ACCC), Vodafone Australia – the latest telecom company operating in the country had admitted to the charges of misleading customers over direct billing services the company would will now refund the customers who have been affected by the act of the company.  ...
Tesla Pushes To Boost Sale – Drops Production Of Cheapest Variants Of Model X, S Cars

Tesla Pushes To Boost Sale – Drops Production Of Cheapest Variants Of Model X, S Cars

Companies

Tesla is putting in all efforts to boost up sale of its electric vehicles by adjusting prices of its cars throughout its product range as well as dropping out the standard-range variants of its Model X and Model S from its product offering. This move comes close to heels of the United States based electric car maker announcing record deliveries.   Variants of the Model X sport-utility...
Sotheby’s Expect Bid Of Up To $160,000 For Nike ‘Moon Shoes’ & ‘Back To The Future’ Sneakers

Sotheby’s Expect Bid Of Up To $160,000 For Nike ‘Moon Shoes’ & ‘Back To The Future’ Sneakers

Markets

A price of as much as $160,000 could be paid for by bidders in an auction held by Sotheby’s for a rare pair of Nike “Moon Shoes”.   Dubbed “Stadium Goods: The Ultimate Sneaker Collection Online”, collectors and bidders would be allowed to place their bids on an array of rare sneakers in a digital lot by the New York auction house.   Set at a base price of $80,000, the auctioneers...
Ford-VW Expands Partnership To Include Self Driving And Electric Vehicles

Ford-VW Expands Partnership To Include Self Driving And Electric Vehicles

Companies

The seven month old alliance between Ford and Volkswagen would now include autonomous and electric vehicles according to an announcement made by the companies on Friday.   Even though the forwarding of the deal itself between the two companies was nothing unexpected, what surprised many industry experts is the announcement that a $2.6 billion investment would be made by VW as a part of the...
Profit Warning For 2019 Issued By German Auto Giant Daimler

Profit Warning For 2019 Issued By German Auto Giant Daimler

Companies

Following a troubled second quarter that was marked by multiple product recalls, a host of court cases and legal expenditures and a slowing down in demand for new cars, warning of a major drop in its profits for the current year was issued by the German auto giant Daimler – the owner of Mercedes-Benz.   Making a shocking announcement, the German auto maker announced on Friday that it would...
Apple Begins Program For App Development In China

Apple Begins Program For App Development In China

Companies

Apple Inc has an announced strategy of further developing its services business in China – one of the company’s most important overseas market, and has now initiated a program in its Shanghai campus to help Chinese app developers to come out with more apps.   According to the details of the program, experts from Apple would give lectures to the developers along with holding workshops for...
Worse Economic Outlook For Euro Zone Due To Uncertain US Trade Attitude

Worse Economic Outlook For Euro Zone Due To Uncertain US Trade Attitude

Markets

The forecast of growth for the next year for the euro zone economy was lowered by the European Commission on Wednesday. The commission cited the lurking uncertainty related to the United States trade policy was amongst the major risk for the economy of the region.   The estimate for inflation in the bloc was also lowered by the European Union’s executive arm in its quarterly economic...
Public Listing Plans For Richard Branson's Virgin Galactic

Public Listing Plans For Richard Branson's Virgin Galactic

Companies

Virgin Galactic – the space-tourism company of British billionaire Richard Branson is planning to get itself listed at a stock exchange, said the company on Tuesday.    The listing, which is scheduled to take place in the second half of 2019,  would be a part of a merger deal that the company had struck earlier with  a special-purpose acquisition company (SPAC) called Social...
Analysts Say Services Revenue And China Revival To Boost Apple In Third Quarter

Analysts Say Services Revenue And China Revival To Boost Apple In Third Quarter

Companies

According to an analysis from Evercore ISI, there would be an increase in the revenues generated by Apple from its services business in the third quarter – driven by revenues from app store developer and regaining of growth in China – which are both critical area for the future growth of the iPhone because of a perception of market maturity of the most popular product of the company.  ...
VW To Give Confidence To Electric Vehicle Battery Suppliers Through Joint Ventures And Financing

VW To Give Confidence To Electric Vehicle Battery Suppliers Through Joint Ventures And Financing

Companies

Germany’s Volkswagen Group wants to get the support of battery suppliers for its aggressive plans for mass production of electric vehicles and would be willing to develop joint ventures and make investments in battery production to gain the confidence of battery suppliers   “VW will buy 50 billion euros ($56.57 billion) worth of battery cells and has identified Sweden's Northvolt, South...
Record Fine Of $230 Million Fine Over Data Theft Proposed Against British Airways

Record Fine Of $230 Million Fine Over Data Theft Proposed Against British Airways

Companies

A record fine of $230 million is staring at the face of the British Airways-owner IAG over the cyber theft of data from 500,000 customers which had been kept on the company website last year. The incident was judged according to the regulations of the new data-protection rules in the United Kingdom which are implemented by the Information Commissioner's Office (ICO) of the country.   The...
Asda IPO Possible In 2/3 Years, Says Company Chief

Asda IPO Possible In 2/3 Years, Says Company Chief

Companies

The British supermarket group Asda, which is currently owned by the US retailing giant Walmart, could be put up for public listing in about two or three years, said the chief of Asda.    Asda was attempted to be taken over by its rival Sainsbury’s in a proposed deal with 7.3 billion pound ($9.2 billion) which was blocked by the competition regulator of the United Kingdom. Soon after...

World

United Europe Needed To Salvage Iran Deal: EU Leaders

United Europe Needed To Salvage Iran Deal: EU Leaders
While European leaders get together to seek resolution paths for revival of the Iran nuclear deal and trying to bring the United States and Iran on to the negotiating table, the United Kingdom has...

Cyber-Attack On Iranian Weapons Systems Launched By US

Cyber-Attack On Iranian Weapons Systems Launched By US
After the decision of the United States president Donald Trump to pull out of a planned military attack on Iran, it has been reported that the US launched a cyber-attack on Iranian weapons systems....

Land defense industry: Europe on the back foot

Land defense industry: Europe on the back foot
The European defense industry is tackling mounting competition from new players on the global market, which previously represented little or no threat. With this new market consolidation phase,...

Cyberterrorism: the electronic banking system at risk

Cyberterrorism: the electronic banking system at risk
Once hailed for the increased financial security it would provide, the digital revolution is now showing its dark side, with a new and potent form of digital threat. Across the world, increases in...

New Draft Law In China For IP Right Protection & Banning Forced Tech Transfer

New Draft Law In China For IP Right Protection & Banning Forced Tech Transfer
China is set to address one of the key demands on trade by the United States – which was one of the reasons for the trade war, by accelerating a lawmaking process that would draft a new legislation...

People

Study Claims Cancer Risk Increase From Consuming Sugary Drinks, including Fruit Juice

Study Claims Cancer Risk Increase From Consuming Sugary Drinks, including Fruit Juice
A study by French scientists has claimed that the risk of contracting cancer could be increased by consumption of sugary drinks such as orange juice or soda.   Consuming of sugary soft drinks...

Huawei Related Gov. Meeting Information Leak End In Sacking Of UK Defense Secretary

Huawei Related Gov. Meeting Information Leak End In Sacking Of UK Defense Secretary
Based on the findings of an incident of leak of information of issues discussed during a high-level government meeting over the issues of the Chinese telecom equipment manufacturer Huawei, the United...

Elon Musk And SEC In New Agreement About Discussion Of Tesla’s Finances

Elon Musk And SEC In New Agreement About Discussion Of Tesla’s Finances
An amended filing in U.S. District Court of the Southern District of New York shows that an agreement over his use of twitter has been reached between Tesla CEO Elon Musk and the Securities and...

Japan Prosecutors Arrest Carlos Ghosn Again

Japan Prosecutors Arrest Carlos Ghosn Again
It was less than a month that former Nissan chief Carlos Ghosn, who has been arrested again, had been granted bail. Ghosn was arrested from his home in Tokyo on early Thursday morning over fresh...

Saudis Hacked Phone Of Amazon CEO Bezos To Access Private Data

Saudis Hacked Phone Of Amazon CEO Bezos To Access Private Data
According to the claims of an investigator, the phone of Amazon chief executive Jeff Bezos, the richest man in the world, was hacked by Saudi Arabia to access some of the personal dtat of Bezos....

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