Kentucky Fried Chicken, in partnership with Baidu which is considered China's Google, started creating a tech-infused smart restaurant. Its ordering kiosks, powered with facial recognition technology, scans the face of the customers and examine information like age, gender and mood in order to come up with a meal recommendation.
German politician Thomas Opperman has threatened to fine Facebook up to €500,000 for every fake news on the platform. This came after Mark Zuckerberg announced the company's plans of building a more informed community, providing changes such as a simple way to flag articles that users think could be fake.
Infosys has invested an undisclosed amount to homegrown startup ideaForge from its Innovation Fund. ideaForge has been a known manufacturer of unmanned aerial vehicles in India.
President-elect Donald Trump met with SoftBank CEO Masayoshi Son on Tuesday. The telecom mogul confirmed his plan to invest $50 billion in the U.S., with the aim of creating 50,000 jobs.
For the Monday sectors line-up, technology and communications, utilities rose as the most patronized.
The University of Michigan is now in partner with some Chinese Institutions for some projects and research.
Just recently, Samsung has announced its plan to purchase the US based Harman International Industries, Inc. through an all-cash deal worth $8 billion.
Aiming to sustain its industrial software business and respond to the pace considering the developments in the manufacturing technology, Siemens, one of the largest German engineering company, will enter into a deal to buy Mentor Graphics (MENT.O) for $4.5 billion.
Technology, Communications And Energy Are Friday Laggards of the stocks.
Scanning over the sectors performing the best as of midday Friday, with an edge of 1.7%, the shares of Healthcare companies outperform other sectors.
Behind corporate bad reports, technology still in the industry as leading sector.
Here are the top 7 sectors to watch out for.
The U.S. securities and commodities regulatory agencies pushed the congress to increase their budget. They argued that more fund is needed to do their functions in the growing financial markets and technology in recent years.
Audi has made a special extended version based on its A8 L model. The 20-foot long, six seat luxury limousine is made according to a special request from an unknown European buyer.
Meizu already unveiled its newest model m3 note. The Chinese OEM is keeping its concept of quality devices with affordable prices, which makes the brand popular in China’s market.