The massive expansion of fiber optic broadband (FOB) in Johannesburg and other up markets in South Africa is paving the way for video on demand (VoD) services. Many companies with offers of internet video streaming services are making a beeline to explore the untapped market in the most developed economy in African continent. It's learnt that US major in streaming video services is also entering the market.
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China's president starts his first official US visit
Chinese President, Xi Jinping and his wife kick off their first official visit to the US today. The president safely landed in Paine Field, Seattle in an Air China 747 near a Boeing plant. Washington state Governor, Jay Inslee was there to welcome the president and his entourage. The president chooses Seattle as he regards Seattle as the "America's gateway to Asia".
To Be The Guide or Be Guided On A Tour?
Traveling to a different place is awesome and exciting leaving your workplace for awhile to unwind. You will discover a new haven, and learn to appreciate the beauty of nature. The question is would you like to have a tour guide or do it on your own.
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A few years back, 3D printing was fast becoming an alternative option for a more convenient and efficient manufacturing process. Now, the global 3D printing market is already expected to increase to $20.2 billion come 2019. This is based on the 44% annual growth from 2014. One of its emerging common uses is among kids' products.
Americans badly need good investment advice on retirement plans
It's estimated that savings of Americans for retirement is at a whopping $17 billion per annum. But is it in the safe hands. The conflicted financial advice is costing the US citizens billions of dollars.
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Volvo Group, along with three tech universities, had come up with an automated robot that would discreetly enter the garage and collect the trash. The project was named ROAR.
Brazil is to detach its internet connection with U.S., Telebras CEO Jorge Bittar said. A submarine cable with over 30 tbps will be installed from Lisbon to Fortaleza. This would boost Internet speed with Europe in 2017.
Fujifilm released a new instant camera with better feature aiming to get customers excited about instant camera back. The manufacturer still believes that instant camera have a market even after Polaroid had decided to ditch the market back in 2008. With a price tag of only $130, the manufacturer hopes that this camera will bring back the intimacy in a photo.
Close on the heels of his US tour, China President Xi Jinping said Chinese government doesn't hack commercial secrets nor it supports Chinese companies engaged in such activity. In an interview with Wall Street Journal (WSJ), Xi Jinping further said that whether governments or companies, whoever involved in cyber theft should be punished according to the law. China and the US are equally concerned about the cybersecurity. Jinping seeks the cooperation from the US to check cyber espionage. The cyber crime will be a major point for discussion during the meeting between Obama and Jinping.
Recently, Apple has been having problems with the iOS download leaving iPhone devices to crash and Apple fans deeply frustrated. Some were lucky enough to get the new operating system, but others were unfortunate.
Oil prices rose following the indications that stockpiles are declining and drop in drilling activity. The global oil benchmark Brent was up three percent as expectations that less drilling may reduce future oil production and inventories as well. Gasoline futures also surged on renewed demand. US crude's front-month rose 4.5 percent or $2 to end at $46.68 a barrel. Brent rose 3.1 percent and closed at $48.92/barrel. It's learnt that US drillers have called off drilling activity for the past three weeks. It's estimated that the US crude production may drop by 250,000 barrels per day (bpd) the second and fourth quarters this year.
Marking a major development in US-China business relations, a group of firms from the world's second largest economy signed a deal with the US partner XpressWest to build a high-speed rail link between Los Angeles and Las Vegas.
China e-commerce industry is worth $2.1 trillion in 2014 with the number of users growing by 31.4 percent as reported by China E-Commerce Research Center (CERC). Out of the total amount, $450 billion comes from the online retail business alone. Current market players in the e-commerce are Alibaba, JD.com, and Suning Commerce.
Google is sending media invitation for its event this coming 29th September. The event "a Morning Conversation about Some New Treats from Google" is expected to unveil new hardware produced by the company. News has been circulating that the company will unveil new Chromecast and new Nexus phone at the event.
