Category: Top Stories
GMV Scales A Key Milestone In Autonomy, Robotics
In a recent event, GMV showcased the analytical reports of ERGO as well as ESROCOS robotic technologies. GMV is working within H2020 technology’s research cluster. The Space Research Cluster basically focuses on testing, manufacture, and design of robotic building blocks. GMV was working on various projects of SRC namely ERGO, FACILITATORS and ESROCOS since the…
Read MoreDollar Tree Suffers $2.3bn loss, To Close 390 Family Stores
On the release of its 4th quarter fiscal earnings, Dollar Tree announced that it is closing its 390 family Dollar shops in 2019 and is renovating other 1000. Dollar Tree is retailer deals in discounts, on their announcement of closing stores, Gary Philbin said that the company is taking right steps to rebuild the brand’s…
Read MoreHello Kitty Sets Eyes On The Big Screen, Sign Film Deal With Warner Bros
Hello Kitty is all set to get featured as a movie on the big screen as its owner Sanrio has signed a deal with Warner Bros (WB). It took around 5 years to make this happened and finally, the Japan-based firm who owns Hello Kitty has permitted through a deal to feature there most popular,…
Read MoreGM Shuts Its Lordstown Plant After 52 Years
General Motors is closing its Lordstown, Ohio based assembly plant which has been active since last 52 years.This plant has cranked nearly 16 million fresh vehicles. The last vehicle (Chevy Cruze) rolled out on Wednesday at 2pm, and went to Florida based dealers plant, with thousands of its employees to start a new life with…
Read MoreExperts criticize Tesla’s fully driverless option
Tesla has introduced cars in the market with self-driving potential. However, this feature is highly criticized by experts who have doubts about self-driving technology of Tesla cars. They have also criticized Elon Musk, the CEO of Tesla, commenting that he has been exaggerating this technology to increase sale and also causing safety concerns. Tesla had…
Read More“We Should Be Wholly Prepared For A Tough Struggle” States Li Keqiang
During the inauguration of the annual NPC (National People’s Congress), Li Keqiang—Premier of China—said that China must be processed for a “hard struggle” as the country deals with a “serious and more complex environment. We should be completely prepared for a stern struggle. Li further told to a delegation of almost 3,000 representatives, “The difficulties…
Read MoreUK Parliament Gives A Nod To Changes In Organ Donor Law
UK’s organ donation consent law that was awaiting changes has cleared its last hurdle in Parliament and is now known as Max and Keira’s Law based on the name of the children that donated and received a heart transplant. Under this new law that will become effective next year consent of a dead person with…
Read MoreHBO CEO On His Way Out As AT&T Restructures The Organization
After AT&T’s acquisition of HBO, the new parent company and telecommunication giant is eagerly restructuring the company. AT&T’s restructuring involves the removal of CEO of HBO, Richard Plepler as a memo stating so was obtained by CNBC. Plepler has spent nearly decades at HBO, and lead to becoming the pioneer and leader in the on-demand…
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Southwest Airlines Say Shutdown Cost Them $60mn, Cuts Estimates
The shares of Southwest Airlines slipped drastically at the stock market on Wednesday. The slip for the airline based in Dallas followed the company’s decision to trim its outlook for revenue in the quarter as they cited a major blow of $60 million, owing to the partial shutdown of the government. As far as the March…
Read MoreFarmers Paid $7.7bn By USDA To Save From Trump’s Tariffs
Addressing a press conference William Northey told the press that the Agricultural department of United State has already paid $7.7 billion to farmers. William Northey who holds the position of undersecretary at Farm Production and Conservation, further told the reporters that the steps have been taken to protect the interest of farmers. Earlier president Donald…
Read MoreCalifornia Mulls Stringent Guidelines For Data Breach
Several officials from California have requested legislation. According to the proposed legislation, they want to set tight guidelines in situations when companies would have to inform their customers regarding a breach in data. This bill would put a pressure on companies to inform them as soon as their relevant personal data such as passport card,…
Read MoreElon Musk’s AI Company Has Developed A Fake News Generator
Elon Musk’s company has created an Artificial Intelligence system that can make considerable fake news. According to new OpenAI blog, the model, GPT-2, is trained to forecast the next word in 40GB of Internet text. The blog further reads that due to the worries about malicious applications, the company is not revealing its model publicly…
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