tech

Ford supplies employees with exoskeleton vest to reduce fatigue and injury incidences

Ford supplies employees with exoskeleton vest to reduce fatigue and injury incidences

Ford Motor Company (NYSE: F) is now providing workers with a new exoskeleton vest called the EksoVest that helps decrease fatigue and wear and tear on the bodies of employees. “Building vehicles is physically a tough job” Ford&rsquo..

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung to Invest USD 22 Billion on AI, 5G and Biopharmaceuticals

Samsung plans to spend USD 22 Billion in the next three years on developing artificial intelligence, 5G, automotive electronic parts and biopharmaceuticals. This comes as part of the earlier announced USD 160 Billion investment on research, developm..

Snap Shares Up After Earnings

Snap Shares Up After Earnings

Snap Inc. (NYSE: SNAP) shares jumped Tuesday after market, as it has reported financial results for the quarter ended June 30, 2018. Snap's net loss decreased 20% to $(353) million in Q2 2018, compared to a net loss of $(443) million in Q2 2017...

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco to Buy Cyber-Security Company Duo for USD 2.35 Billion

Cisco Systems Inc. (NASDAQ: CSCO) said Thursday that it has agreed to buy Duo Security Inc. a cybersecurity startup based in Ann Arbor, Michigan, for USD 2.35 Billion in cash and stock.The deal is Cisco’s largest acquisition since its USD 3.7 ..

Samsung Profit Slows Down as the Galaxy S9 Doesn’t Reach its Sales Target

Samsung Profit Slows Down as the Galaxy S9 Doesn’t Reach its Sales Target

Samsung Electronics Co Ltd announced its slowest quarterly profit growth in over a year on Tuesday as its Galaxy S9 device missed its sales targets.However, the company explained in the announcement that it plans to come out with innovative technolo..

Boeing leases a 100,000 square foot space with MIT for their Boeing Aerospace & Autonomy Center in Kendall Square

Boeing leases a 100,000 square foot space with MIT for their Boeing Aerospace & Autonomy Center in Kendall Square

The Boeing Company (NASDAQ: BA) and the Massachusetts’s Institute of Technology (MIT) reached an agreement in which Boeing will lease 100,000 sq. ft. for their new Boeing Aerospace & Autonomy Center in MIT’s new mixed-use district in..

Google developing AI to take on some customer service responsibilities

Google developing AI to take on some customer service responsibilities

Google (NASDAQ: GOOGL) announced at its Cloud Next conference on Tuesday that it is developing an AI software called Contact Center AI to replace some of the work done in call centers. The new AI will share some of the same technology as Google Dupl..