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Intel Introduces Augmented Reality (AR) World Through X- Ray Visioning Daqri Smart Helmet

Intel’s 3D RealSense Camera empowers Daqri Helmet to represent an augmented reality world at the stage of Consumer Electronics Show, 2016. Through unveiling the smart helmet, Intel is believed to surpass Microsoft in the race towards augmented reality world. The X- ray visioning smart camera is scheduled to become available for purchase from the first quarter of this year.

Jan 07, 2016 12:56 AM EST


Disney kicks off 2016 with $3-billion bond issue

Walt Disney, Ford Motor and Deere & Co are leading the corporate bond sales, which began on positive note in 2016. The US companies sold $1.621 trillion in debt in 2015 as the majority of American corporate firms preferred to take zero rate advantage before Federal Reserve announcing the rate hike. Yields on investment-grade bonds rose to four-year high of 3.71 percent in December 2015.

Jan 07, 2016 02:14 AM EST


Wanda Group will invest $2.3 billion to build three hospitals in China

China's Wanda Group had signed an agreement with the UK based International Hospital Group to build three hospitals in China. The agreement marks Wanda Group first entry into the booming health care business in China.

Jan 06, 2016 08:04 PM EST


Weakened Yuan Triggers Drop in Futures and Stocks in U.S., Europe and Asia

Yuan that keeps weakening have dropped Asian stocks dropped and plunge of futures in Europe and U.S.. On Wednesday trading Yuan hit five year low against US dollar.

Jan 06, 2016 08:07 PM EST


Electric Microbus: Diesel gate Riddled Volkswagen’s Image Recovery Stunt

Diesel gate controversy embattling Volkswagen has initiated implementing eco-friendly projects ahead of loosing share value. Volkswagen has revealed its bold step to go for producing an eco-friendly microbus, powered by electricity, in the Consumer Electronics Show. Batteries of the vehicle may be charged fully by only 20 minutes and capable of serving as a home power unit.

Jan 06, 2016 03:44 AM EST


Marijuana Legalization Made Mexican Small Pot Farmer Lose Profit

Loosening marijuana law in United States made small farmers in Mexico lose their profit, as more states lifted restriction on marijuana. However, Mexican drug cartel may not be affected much with the legalization.

Jan 06, 2016 07:23 AM EST


Thousands of Stranded Migrants from Cuba Allowed to Enter U.S.

Thousands of Cuban migrants stranded in Costa Rica is permitted to enter U.S. An agreement between SICA and Mexico has opened access to migrants to continue their journey.

Jan 06, 2016 07:25 AM EST


Burger King’s 5 for $4 deal to beat competition

The 2016 began on a competitive note for fast food chains. Burger King, McDonald's and Pizza Hut have rolled out new value menus. Burger King has launched 5 for $4 deal to attract more number of consumers. McDonald's unveiled McPick 2 for $2, while Pizza Hut has also rolled out $5 Flavor Menu.

Jan 06, 2016 03:13 AM EST


Yahoo logs off video service Yahoo Screen

Yahoo has closed down its video content service Yahoo Screen. The US traffic to Yahoo Screen fell 28 percent during the past two years. As the ad revenues didn't take off, Yahoo has written down $42 million on Yahoo Screen.

Jan 06, 2016 03:07 AM EST


Fiat shares slid after Ferrari parts ways with it

After the separation, Fiat Chrysler is focusing on its €48-billion investment plan to 2018. It'll also revamp its brands Alfa Romeo, Jeep and Maserati. Ferrari made its debut trading in Milan after listing on Wall Street in October 2015. Analysts opine the road ahead for Ferrari may not be smooth as the capital intensive car maker with small volume can sustain the high valuations.

Jan 06, 2016 01:28 AM EST


Hoverboard Sets House Afire in Australia

Another incident of hoverboard that caught fire occurred. This time a hoverboard erupted in flames while charging in a house in Australia.

Jan 06, 2016 12:12 AM EST


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