Business

Recently, Congress gave the green light to a bill that will most likely make it legal for US companies to mine asteroids for minerals, in spite of the fact that it could be a breach of an international treaty that the U.S. had written years ago. As stated in the bill, Space Resource Exploration and Utilization Act of 2015, "any asteroid resources obtained in outer space are the property of the entity that obtained such resources, which shall be entitled to all property rights thereto." The bill is explicitly contrived to protect the ...
In April 2015, a prototype known as FINDER, NASA’s long-range heartbeat detector was used to find and save four men under ten feet of rubble in Nepal. A month later, an improved version of the detector was tested by Virginia Task Force one. NASA is banking on hopes of using the technology in outer space and in hospital emergency rooms on the planet. The technology behind the detector has been around for quite some time. It relies on microwave radar signals to detect motion by analyzing the resulting patterns that arise when signals...
Earlier this month, Qumulo (pronounced as cume-u-low), a Seattle-based stealth storage startup not so secretly announced a $40 million B round investment to its gilded, rich coffers. The smart storage company grabbed a healthy from Kleiner Perkins Caufield & Byers (KPCB), with participation from existing inventors Madrona Venture Group, Highland Capital and Valhalla Partners who had previously added $27 million in a Series A funding round. Company co-founder and CEO Peter Godman had previously cut his smart storage teeth dur...
Hyperloop Transportation Technologies (HTT), a research company committed to building the revolutionary Hyperloop transit system, inspired by Elon Musk’s idea of making people travel in high-speed tubes, has secured a target launch date of 2016 to build a working full-scale demo version of the Hyperloop. It has signed a deal to build a five mile facility in New Central, California, which is a model town that was envisioned to be a 150,000-resident solar-powered city. The Hyperloop facility will be developed by a local developer Qwa...
Microsoft on February 4, 2015 rolled out early versions of its Office suite designed for Windows 10, software that is optimized for touch-friendliness and compatibility with devices of every category and screen sizes. The desktop edition of Office 2016 for Windows 10 (Word, OneNote, Excel, PowerPoint and Outlook) is expected to ship this year. The new Office apps will be pre-installed on tablets and smartphones running Windows 10, and will also be available for download from Windows Store for other devices. The Word app will let...
For years, technology companies have promised to revive mobile payments, persuading people to put away their credit cards and pay with mobile phones instead. But in the past few months, with the release of Apple’s Apple Pay app, Samsung’s LoopPay, Google Wallet, and more new entries jumping in, the mobile payment space has turned into a grid for a loomingaggressive war. Now, Google’s acquisition of a new technology and its new partnership with US cellular carriers could mean Apple Pay is finally going to face some fierce competitio...
Bionics is a brilliant synthesis of poles apart branches of science that explores the interplay between electronics, human psychology and robotics. Intrinsically, it is one of the latest branches of science. Modern editions of popular dictionaries explain the word ‘bionic’ as a fictional character with artificial body parts; beings that are capable of doing things that average humans cannot do. The science of bionics has been around since the 1990s and has evolved exceptionally over the last decade. Bionics is said to be a futurist...
With BlackBerry rolling out its latest cloud-based Internet of Things platform, the Canadian handset maker is maneuvering to power its far reaching technology portfolio. The latest IoT platform is a mix of Blackberry’s QNX software system for connected devices and its widely acclaimed protected network infrastructure. Blackberry is looking to provide its customers the chance to structure IoT applications in a protected, competent and versatile way. In this way, it has developed its supreme security and reliability to developing IoT...
Following the successful landing of Rosetta mission’s Philae on a comet in November, a UK-based team is now tinkering its way to capitalize on a resuscitated space exploration plan. Lunar Missions Ltd. recently conducted the launch of its own crowdfunding campaign on Kickstarter with the hopes of raising funds to land a robotic probe that will bury a time capsule on the lunar south polar. The campaign has already pulled in more than $313,000 and has reached one third of its goal of the savvy budget in just 24 hours. The mission isn...
What is the first thing that comes to my mind when I want to curse somebody? May your CAPTCHAs always and forever be an unreadable mess! The best of CAPTCHAs make you question your humanity, and of bots! The sole reason why you have to fill them out is to prevent automated logins by bots. But with progress in machine learning and image recognition, computer vision has eventually reached a point where it may turn out to be quite useful to us. Flickr, photo/video hosting site recently launched Park or Bird. The single-page web app wa...