Saturday, August, 24, 2019 10:48:48

Amazon acquires Wi-Fi start-up Eero to develop smart home tech

The move will allow Eero to expand its global reach while competing with Google and other rivals in the home router market. E-commerce giant, Amazon.com, Inc. has recently announced its acquisition of San Francisco-based internet router startup Eero for an undisclosed amount. Founded in 2014, Eero has emerged …

Google to roll out the latest AR feature of Google Maps for testing

The feature uses the phone’s camera for overlaying the general directions, local grocery stores, restaurant listings and many other helpful guides. Google recently made it to the headlines as it introduced its much-awaited feature of AR (Augmented Reality) navigation on the Google Maps. As per …

Barclays invests £10 million in UK’s loyalty scheme start-up Bink

Barclays, the British multinational investment bank, has reportedly invested as much as £10 million in the UK-based loyalty scheme technology start-up, Bink. Sources close to the development state that the new collaboration is expected to help Barclays’ customers in checking their loyalty points with the …

AGL flags new power facilities as profits ride high electricity prices

The Australia-based energy giant AGL Energy has reportedly flagged that it would invest about USD 1 billion to construct new power generation facilities. However, the company has expressed concern regarding the government’s energy policy which it believes might create uncertainty and new risks for the …

Collision repair industry contenders join hands in landmark deal

Popular collision repair firm Caliber Collision Centers has apparently announced that it has closed a merger deal with Abra Auto Body Repair of America. Reliable reports cite that the merger serves to bring together the trusted brands, talented teams, and industry-leading operations of both the …

Lockheed Martin to form a long-term defense partnership with India

American aerospace and defense security company Lockheed Martin has reportedly proposed a so-called game-changing partnership with India due to its interest in the country’s immense military modernization. Vivek Lall, VP of Aeronautics Strategy and Business Development at Lockheed Martin, was quoted saying that the defense …

Medical diagnostic services supported by AI to be deployed in Japan

 The integration of information technology in healthcare has been relatively slower in the nation.  AI-supported medical devices are projected to reduce human error & lessen the burden on medical professionals during diagnosis. Medical diagnostic services that are supported by Artificial Intelligence are reportedly set to …

Siemens Gamesa bags 270 wind turbine supply order from ReNew Power

 The 270 wind turbines would be helping ReNew Power set up a capacity of 567 MW for its two wind-power facilities.  Siemens Gamesa would also be facilitating infrastructure to help install & operate both wind-energy farms. Siemens Gamesa Renewable Energy (Siemens Gamesa), a Spanish renewable …