Technology Equipment

Aurora Flight Sciences Develops Vertical Takeoff X-plane with Defense Agency and Investment Firm

Aurora Flight Sciences has been awarded a $89 million worth contract with a defense agency DARPA. The company is developing new design and technology that could enable its X-plane to do a vertical take-off, as well as hover and fly forward efficiently, potentially revolutionizing the military and commercial aviation sector.

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Under Armour CEO Gives Advice to Silicon Valley Startups to Start Making Money

Founder and CEO of Under Armour Kevin Plank shared his success in building Under Armour into billion dollar company in SXSW annual event on Tuesday. His recipe is simple: make profit.

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Stardock Enable Gamers to Install NVIDIA and AMD Video Cards in One PC

Stardock has an interesting new tech for gamers. The renowned game developer to introduce new software that enable NVIDIA and AMD graphic cards to be installed together in the same PC.

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Silicon Valley Bank report says more UK start-ups prefer acquisition than IPOs

Silicon Valley Bank report shows 59% of UK start-up heads chose to be acquired rather than seek IPOs. Many UK executives consider hiring labours to be more challenging than other business issues.

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Bosch Launches a Cloud Network, Determined to Develop Its Own Internet of Things

Bosch is seeking to transform itself from equipment manufacturers to service providers. The company has launched its own cloud computing network and is determined to develop its Internet of Things technology and software to be better.

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Ford Revealed Its Advanced Police Cars Doors, The First to Halt Powerful Rifles Attack

Ford introduced a new technology that makes its police cars doors able to hold powerful rifles strikes. It was the first police cars doors to be passed by the Justice Department to provide level IV protection.

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Dell India Launches The World’s Smallest Laptop in the Dell Latitude Series

Dell India announced to launch the world's smallest laptop in the business-class, the Dell Latitude 13 (7370). The product offers new advanced technologies for business users who travels often, with improved battery performance and security features.

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Samsung Gear VR Enables Connection and Video Sharing in Facebook

Owners of Samsung Gear VR can connect the headset to their Facebook accounts. Starting next week, users will be able to like and share 360-degree video from inside the VR headset.

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Square Q4 loss widens as transaction expenses offset revenue increase

Square reported a widened loss during the fourth quarter of 2015 as transaction expenses and other related costs burdened its balance sheet. The company reported a 49% increase in quarterly revenue.

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Shark Mitigation System to List on Australian Securities Exchange

Shark Mitigation System is going public and will list in the Australian Securities and Exchange with high hopes of becoming a 'global player' in the global shark and marine technologies.

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Canon, Biggest Contender for Toshiba Medical Unit, Offers $6.2 Billion

It's a race for Toshiba Medical Unit between Canon, Fujifilm Holdings, Konica Minolta and Permira Holdings. Nikkei said Canon has the highest bid amounting to $6.2 billion. Whoever the winner is, will be decided on Wednesday.

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US Imposed Sanctions on ZTE Corp for Export Violation to Iran

U.S. Commerce Department puts export restriction on ZTE for violating export restriction to Iran. Starting Tuesday, ZTE will not be able to acquire U.S. products without export license

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Uber, Mumbai Police Introduce 'Uber Breathalyser' to Regulate 'Don't Drink-and-Drive' Policy, Drinkers Book A Ride

Uber Breathalysers or also known as 'Alco Booth' are being installed in Mumbai pubs and clubs. This is a move from the Mumbai police and Uber to lessen the crime and accident rate due to drunk driving. If the drinker reached the allowable limit, Uber will book him a ride home.

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Chinese Venture Capital Firm Pando Group is Investing $2 Million in Israeli Fintech Hub The Floor

Israeli fintech hub initiative is receiving $2 million investments from Chinese venture capital firm Pando Group. The partnership is expected to build the bridge between Israel companies and the Asian markets.

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Hewlett Packard Enterprises beats forecast in Q1 earnings

Hewlett Packard Enterprises (HPE) has beaten analysts' forecasts for the first quarter earnings. HPE has posted earnings per share (EPS) of 41 cents a share for first quarter as against the 40 cents per share of average forecast made by analysts. Hewlett Packard Enterprises is expected close Tsinghua deal by end of May as soon as it gets Chinese regulatory approval.

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