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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 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

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...

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

Vodafone's $22 Billion Acquisition Of Liberty Cleared By EU

Netflix Misses Second Quarter Subscription Target, Stocks Drop By 11%

Saudi Arabia To Allow US Troops To On Its Soil To Boost Regional Security

Chance Of A Shortened Trade Deal Between US And Japan By September: Reports

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

South Korean Firms Samsung & SK Hynix Seek Increased Production From Korean Firm Amidst Japanese Curbs

Microsoft’s Market Value At Record High After Excellent Q3 Report And Cloud Growth Forecast

Record $650 Million In Settlement To Be Paid By Equifax For Data Breach

Hyundai Notes Highest Quarterly Profit Growth In 7 Years, Plans Higher US Market Share

737 Max Crisis Forces Boeing To Take A $4.9B Charge For Second Quarter

Highest Q2 Profits By UBS In Nine Years, But Warns Against ‘Rate Cuts’

Companies

Fire Risk Forces Volvo To Recall Over 500,000 Cars Worldwide

Global auto maker Volvo is set to recall more than 500,000 of its vehicles throughout the world due to a risk of firer in the engines of the vehicles. The recall will include about 70,000 vehicles in the United Kingdom alone. Explaining the fault that has compelled the auto maker to recall...

Highest Q2 Profits By UBS In Nine Years, But Warns Against ‘Rate Cuts’

The Swiss-lender UBS reported the highest net profit in the second quarter since 2010 at $1.4 billion. That was much higher that the net profit of 1.28 billion Swiss francs ($1.29 billion) that the company reported in the same period a year ago. This increase in net profits was clocked by the bank...

Hyundai Notes Highest Quarterly Profit Growth In 7 Years, Plans Higher US Market Share

South Korea's auto giant Hyundai Motor Co will bring in an expanded line-up of sport-utility vehicles (SUV) to rejuvenate its business prospects in the United States even as the company reported a second quarter profit that was highest quarter on quarter growth in over seven years. The...

Record $650 Million In Settlement To Be Paid By Equifax For Data Breach

A record fine worth $650 million for settlement of charges of a massive data breach of users’ personal information against it back in 2017 brought in the United States federal and state agencies will be paid by credit reporting company Equifax Inc to get itself absolved of the investigations and...

Microsoft’s Market Value At Record High After Excellent Q3 Report And Cloud Growth Forecast

United States based tech giant Microsoft reached a record market value of more than $1 trillion for the first time in its history after the company forecast steady growth in revenues from its cloud computing business. The company easily surpassed Wall Street expectations in profits and...

737 Max Crisis Forces Boeing To Take A $4.9B Charge For Second Quarter

The estimated disruption of the grounded Boeing 737 Max planes globally has forced the United States based plane maker to take an after-tax charge of $4.9 billion in the second quarter. All 737 Max planes of the company –one of its fastest selling ones, ground were grounded all across the world...

Vodafone's $22 Billion Acquisition Of Liberty Cleared By EU

The European Union has given the green signal to the $22 billion acquisition of Liberty Global’s cable networks in Germany and central Europe by Vodafone. This now removes most of the roadblocks for the British company to complete the acquisition that would make it the largest mobile, broadband and...

Netflix Misses Second Quarter Subscription Target, Stocks Drop By 11%

Streaming giant Netflix missed analysts estimates for paid streaming subscribers for the second quarter sending its shares down by as much as 11 per cent. The company able to add just 2.83 million international paid streaming subscribers globally in the second quarter compared to the...

South Korean Firms Samsung & SK Hynix Seek Increased Production From Korean Firm Amidst Japanese Curbs

A local supplier in South Korea that makes a critical chemical in the chip manufacturing process has been asked by South Korea's Samsung Electronics and SK Hynix to ramp up production so that the companies are able to create a safeguard for any possible production disruptions because of an export...

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

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...

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

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...

Profit Warning For 2019 Issued By German Auto Giant Daimler

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...