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Oculus Rift Costs $599; 'Oculus-Ready Computers' In The Works

Jan 07, 2016 09:03 am UTC| Technology

The veil on Oculus Rifts price has been finally lifted it costs $599. With most speculations hinting towards a price tag of something more than $350, VR fanatics are certainly not happy with the price. Moreover, the...

What does it mean to think and could a machine ever do it?

Jan 07, 2016 01:29 am UTC| Science Technology

The idea of a thinking machine is an amazing one. It would be like humans creating artificial life, only more impressive because we would be creating consciousness. Or would we? Its tempting to think that a machine that...

How 3D printing threatens our patent system

Jan 06, 2016 14:33 pm UTC| Technology Law

Remember Napster or Grokster? Both services allowed users to share computer files usually digital music that infringed the copyrights for those songs. Now imagine that, instead of music, you could download a physical...

Mitsubishi UFJ’s New Unit Dedicated To FinTech Research- Report

Jan 06, 2016 11:26 am UTC| Technology

According to latest reports, Mitsubishi UFJ Financial Group Inc. has set up an Innovation Lab division to research and develop new financial technologies, people familiar with the matter told Bloomberg. The unit, the...

New ways your smartwatch (and phone) may be spying on you. How worried should you be?

Jan 05, 2016 13:47 pm UTC| Insights & Views Technology

A computer science Masters student Tony Beltramelli at the IT University of Copenhagen has demonstrated that software running on a smartwatch could be used to record a users passwords and PINs. He managed this by using the...

What powers Facebook and Google's AI – and how computers could mimic brains

Jan 05, 2016 13:44 pm UTC| Technology

Google and Facebook have open sourced the designs for the computing hardware that powers the artificial intelligence logic used in their products. These intelligent algorithms power Googles search and recommendation...

Instagram Brings Peek Feature Back For Android Users

Jan 05, 2016 12:12 pm UTC| Technology

Instagram, the popular photo-sharing app, is reintroducing its Peek feature for Android users. Similar to 3D Touch feature on latest iOS smartphones, the feature allows users to simply peek at an image by long pressing on...

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Economy

Canadian Dollar Slides as Fed Rate Hike Bets Boost US Dollar

The Canadian dollar weakened on Friday and was on track for its sharpest weekly decline in more than two months, as a stronger U.S. dollar overshadowed surprisingly robust Canadian economic growth. The loonie traded near...

Bessent Defends US Yen Intervention Over Treasury Market Risks

U.S. Treasury Secretary Scott Bessent has defended Washingtons decision to support the Japanese yen in late July, arguing that severe currency volatility could threaten global financial stability and ultimately push U.S....

US Dollar Hits Two-Week High After Hawkish Fed Speech

The U.S. dollar climbed to a near two-week high on Friday after Federal Reserve Chair Kevin Warsh delivered a hawkish message at the Jackson Hole Economic Policy Symposium, strengthening expectations for a September...

Oil Prices Slip as Venezuela Supply Prospects Weigh on Market

Oil prices edged lower on Friday as traders assessed reports that the United States was nearing a deal for long-term access to Venezuelan crude reserves, potentially opening the door to billions of dollars in investment...

Gold Prices Tumble 3% After Hawkish Fed Speech Boosts Dollar

Gold prices fell sharply on Friday as the U.S. dollar strengthened following Federal Reserve Chair Kevin Warshs hawkish Jackson Hole speech, prompting traders to increase bets on a September interest rate hike. Spot gold...

Politics

Nepal Declines Foreign Rescue Aid After Deadly Flash Flood

Nepal has said it does not currently require foreign search-and-rescue assistance following a devastating flash flood that killed nearly 500 people and left hundreds of foreign nationals missing. The disaster struck...

Norway’s King Harald Dies at 89, Haakon VIII Takes Throne

Norways King Harald has died at the age of 89 after more than three decades on the throne, ending a reign marked by modernization, national unity and enduring public support. The Norwegian royal palace said Harald died...

Israeli Airstrike Kills Hamas Operative, Two Others in West Bank

An Israeli airstrike killed a Hamas operative and two other people in the occupied West Bank on Friday, marking a relatively rare use of deadly air power in the territory amid heightened Israeli-Palestinian violence. The...

Iran Condemns New US Sanctions as Hormuz Standoff Deepens

Iran condemned a fresh U.S. economic pressure campaign on Friday, calling the measures state terrorism as Tehran faces soaring inflation, mounting financial strain and continued tensions over the Strait of Hormuz six...

Tennessee Plans to Rename Nashville Airport After Dolly Parton

Tennessee officials plan to rename Nashville International Airport in honor of country music legend Dolly Parton, who died earlier this week at age 80 in Nashville. The proposed name change follows a social media campaign...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns

Pinterest Inc. (NYSE: PINS) shares fell sharply in after-hours trading on Friday after the social media company announced the resignation of Chief Financial Officer Julia Brau Donnelly, prompting investor attention on the...

PayPal Shares Sink as $50 Billion Takeover Bid Collapses

PayPal Holdings (NASDAQ: PYPL) shares plunged in extended trading after a consortium led by private equity firm Advent International and payments giant Stripe reportedly ended its pursuit of the digital payments company....

Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns

Nvidia has temporarily halted some deals tied to a recently introduced financing program for artificial intelligence cloud companies, amid internal concerns that the arrangement could attract greater antitrust scrutiny,...

Google Changes EU Spam Policy Amid Antitrust Scrutiny

Google has revised its spam policy in Europe after concerns from European Union regulators raised the possibility of a significant antitrust fine for Alphabet, the search giants parent company. The company said Friday that...

U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China

The U.S. government is investigating Singapore-based Apex Logistics over allegations that the freight company helped transport Nvidia AI chips and computer systems to China despite U.S. export restrictions, Bloomberg...