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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...
Most Popular

Death Toll Of Coronavirus Increase To 26, More Than 900 Confirmed Cases Globally

Netflix Posts Strong Q4 Results But Doubts Rise About Its 2020 Performance

Increased 5G Costs And Drop In Demand In US Hits Ericsson

Intel Deliver Better Than Expected Q4 Results, Says Confident Of Future

Daimler Issues Third Profit Warning For 2019 Due To Pressure Of The Diesel Scandal

Restructuring At UK’s Morrisons To Eliminate 3,000 Management Roles

Jeff Bezos' Phone Hacking Allegedly By Saudi Hackers Needs To Be Investigated, Says The UN

US Regulator FAA 'Pleased' With Progress Made By Boeing In 737 Max Case

Whirlpool Makes Better Than Expected Forecasts For 2020

Airbus Agrees To Settlement With US, UK And French Regulators Over Corruption Charges

Latest News

Airbus Agrees To Settlement With US, UK And French Regulators Over Corruption Charges

Whirlpool Makes Better Than Expected Forecasts For 2020

Reader's Pick

Tesla's Market Cap Surpasses Combined Value Of GM And Ford 01/09/2020

Former Nissan Boss Carlos Ghosn Targets Japanese Legal System 01/09/2020

Uber Acquisition Of Careem Approved By Egypt Competition Regulator 12/30/2019

Death Toll Of Coronavirus Increase To 26, More Than 900 Confirmed Cases Globally 01/25/2020

Uber Eats’ New Strategy To Make It Big In The South African Food Hailing Market 01/03/2020

Latest Business News
Airbus Agrees To Settlement With US, UK And French Regulators Over Corruption Charges

Airbus Agrees To Settlement With US, UK And French Regulators Over Corruption Charges

Companies

The European plane maker Airbus is set to potentially face billions of dollars in penalties as it has agreed to come to a settlement with regulators in the United Kingdom, France and the United States in relation to a bribery and corruption probe.   An agreement in principle over charges of bribery and corruption as for compliance with US arms trafficking regulations has been reached by...
Whirlpool Makes Better Than Expected Forecasts For 2020

Whirlpool Makes Better Than Expected Forecasts For 2020

Companies

One of the major appliance manufacturers of the world Whirlpool posted better than expected results for the fourth quarter while predicting profits for 2020 well over the expectations of analysts. The company manufactures and markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit and other major brands in almost all countries of the world.   The company...
US Regulator FAA 'Pleased' With Progress Made By Boeing In 737 Max Case

US Regulator FAA 'Pleased' With Progress Made By Boeing In 737 Max Case

Companies

The Federal Aviation Administration (FAA) of the United States – the regulator for airline safety of the country has said that it is pleased with the advancements made by the plane maker Boeing in its efforts to convince the regulators to allow the now grounded Boeing 737 Max planes to fly again.   After the global grounding of its 737 Max plane in March last year following two fatal...
Intel Deliver Better Than Expected Q4 Results, Says Confident Of Future

Intel Deliver Better Than Expected Q4 Results, Says Confident Of Future

Companies

The largest maker of PC and datacenter processors Intel had gained market share during the fourth-quarter as its earnings and revenues beat Wall Street’s expectations.   The CEO of the company Bob Swan also expressed confidence that the company will do well in the short term.   For the entire of 2019, Intel generated revenue of $3.8 billion from its Artificial Intelligence (AI)...
Increased 5G Costs And Drop In Demand In US Hits Ericsson

Increased 5G Costs And Drop In Demand In US Hits Ericsson

Companies

There was a sharp rise in fourth-quarter core earnings for Ericsson as reported by the Swedish telecoms equipment group. It however said that this quarter is traditionally its best season which was hit by a slowdown in its business in the United States despite it doing good in the market in recent times.   However the markets were expecting a better growth in the company’s core earnings....
Restructuring At UK’s Morrisons To Eliminate 3,000 Management Roles

Restructuring At UK’s Morrisons To Eliminate 3,000 Management Roles

Companies

British retailer Morrisons has announced that it will cull about 3,000 managerial jobs throughout its stores as the company implements its plan of restructuring of its business which also entails creation of more shop floor jobs.   The restructuring plan of the company also includes a plan to create about 7,000 new hourly-paid jobs at its stores out of which it will hire about 4,000 such...
Netflix Posts Strong Q4 Results But Doubts Rise About Its 2020 Performance

Netflix Posts Strong Q4 Results But Doubts Rise About Its 2020 Performance

Companies

 Netflix Inc. ended 2019 in a strong note as the video streaming company reported an increase in revenue as well as in its global net subscriber growth. However the company did not provide an encouraging forecast for 2020 as the company is getting increasingly concerned about the the challenges posed to its market dominance by new services.     The shares of the company dropped...
Daimler Issues Third Profit Warning For 2019 Due To Pressure Of The Diesel Scandal

Daimler Issues Third Profit Warning For 2019 Due To Pressure Of The Diesel Scandal

Companies

A third profit warning for 2019 was issued on Wednesday by the German luxury car maker Daimler as the company struggles with the costs it is having to incur because of the diesel emission scandal that has resulted in record fines and litigation across the world, along with the huge investments that the company has had to make in the development of electric cars. The company also has been plagued...
New 5G Guideline By The EU Will Not Recommend Huawei Ban

New 5G Guideline By The EU Will Not Recommend Huawei Ban

Companies

No companies – be it the Chinese tech giant Huawei or any other company selling 5G equipment, will be banned from participating in the 5G network development work within the European Union. This is likely to be the position of the block when it unveils its guidelines for its member states over the issue of addressing national security threats.    European Digital Commissioner Thierry...
Uber’s Food Delivery Business In India Sold To Its Domestic Rival

Uber’s Food Delivery Business In India Sold To Its Domestic Rival

Companies

In its efforts to divest its loss making business operations and turn profitable by next year, the United States based ride hailing company Uber has sold out its food delivery business Uber East in India to its local rival Zomato.   About 10 per cent of Zomato would be owned by Uber Eats as a part of the deal while its user base will become users of the Indian company, both the companies...
Eco-Certified Sushi To Be Served By Japan's Aeon Starting At Tokyo Olympics

Eco-Certified Sushi To Be Served By Japan's Aeon Starting At Tokyo Olympics

Companies

With an expected increase in tourists to Japan in the wake of the Tokyo Olympics later this year and to address a growing demand for sustainable seafood, eco-certified sushi will be available starting this year by Japanese supermarket chain Aeon Co Ltd – the largest retailer by sales in Asia.   Japan is one of the biggest consumers of seafood in the world. Compared to Europe and the United...
Possible Water Woes Make Some Germans Unhappy With Tesla’s Proposed New Plant

Possible Water Woes Make Some Germans Unhappy With Tesla’s Proposed New Plant

Companies

A section of Germans are not happy with Tesla’s plans of construction of a gigafactory on the outskirts of Berlin. A section of people in the German capital fear that the construction of the factory will adversely impact the water supply and the wild life in the area . This prompted some to organize a protest on Saturday close to the proposed factory site.   The plan for building of the...

World

Death Toll Of Coronavirus Increase To 26, More Than 900 Confirmed Cases Globally

Death Toll Of Coronavirus Increase To 26, More Than 900 Confirmed Cases Globally
At least 26 people have now been killed by the fatal flu-like coronavirus disease which is also spreading fast throughout Asia. According to new reports, more than 900 people have been taken sick by...

Scientists Find Way To Easily Find Source Of Geothermal Energy, Can Lead To A Boom

Scientists Find Way To Easily Find Source Of Geothermal Energy, Can Lead To A Boom
It is touted that one of the cleanest sources of energy is geothermal energy because it is free of any carbon emissions, is renewable and efficient, so much so that even those who are indifferent to...

Planned US Farm Visit By After Trade Talks By China Delegation Cancelled

Planned US Farm Visit By After Trade Talks By China Delegation Cancelled
The plan of a Chinese delegation that had come to Washington to take part in the face to face trade negotiations with United States to stay back after the talks to visit US farm areas has been...

‘Toughest Ever’ Sanctions On Iran’s Central Bank Imposed By The US

‘Toughest Ever’ Sanctions On Iran’s Central Bank Imposed By The US
The ‘toughest ever’ sanctions against Iran were announced by on Friday by the United States president Donald Trump while also indicating that there were no plans for any military actions against...

US Sanctions 3 North Korean Hacking Groups Responsible For Global Cyber Attacks

US Sanctions 3 North Korean Hacking Groups Responsible For Global Cyber Attacks
Three North Korean hacking groups have been identified by the United States to have been behind the "WannaCry" ransomware attacks as well as involved in the hacking of international banks and...

People

Jeff Bezos' Phone Hacking Allegedly By Saudi Hackers Needs To Be Investigated, Says The UN

Jeff Bezos' Phone Hacking Allegedly By Saudi Hackers Needs To Be Investigated, Says The UN
Reports of the alleged use of a WhatsApp account belonging to Saudi Crown Prince Mohammed bin Salman for delivering a malware to the mobile phone of Amazon CEO Jeff Bezos has made experts at the...

Facebook's Zuckerberg Will Focus On Long Term Goals Instead Of Annual Ones

Facebook's Zuckerberg Will Focus On Long Term Goals Instead Of Annual Ones
No more annual targets for Facebook Inc Chief Executive Officer Mark Zuckerberg. The co-founder of the largest social media company of the world said on Thursday that he would no longer focus on the...

Japanese Prosecutors Want To Arrest Ghosn’s Wife To Rein In The Former Nissan Boss

Japanese Prosecutors Want To Arrest Ghosn’s Wife To Rein In The Former Nissan Boss
An arrest warrant on charges of alleged perjury was issued against the wife of Carlos Ghosn by Japanese prosecutors on Tuesday in an effort of the prosecutors to bring back Ghosn into Japan and make...

From Japan To Lebanon – How Ghosn Escaped Is Yet Not Clear

From Japan To Lebanon – How Ghosn Escaped Is Yet Not Clear
The former chairman of Nissan and one of the icons of the global auto industry who was arrested in Japan November last year over charges of financial irregularities, Carlos Ghosn, has jumped bail and...

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...

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