BOEING has announced that it will slow production of its 747-8 airliner in September, halving the output of the aircraft from twelve to six planes a year. The manufacturer also said that it will acknowledge a $813 million after-tax fee when it announces its financial results for the last quarter of 2015. Boeing explained that […]
One of Mitsubishi’s legendary World War II fighter planes took to the skies over Japan on Wednesday. The restored Zero fighter made a brief flight to and from a naval base in southern Japan. Decorated former U.S. Air Force pilot Skip Holm flew the aircraft. Zero fighters were considered one of the most capable fighter […]
Apple reported Tuesday the slowest sales ever of its market-leading iPhone, after years of rocketing growth, but the tech giant still posted record quarterly profit. Net income for the quarter ending December 26 was two percent higher than the same period a year earlier at $18.4 billion, while revenue of $75.9 billion set another record […]
U.S. Internet giant Google paid Apple a billion dollars in 2014 to be the go-to search tool on iPhones, Bloomberg reported, citing court documents. The rare glimpse into financial figures typically kept private by Google and Apple was provided by an Oracle attorney during a court hearing in San Francisco last week, according to Bloomberg. […]
The world must act quickly to avert a future in which autonomous robots with artificial intelligence roam the battlefields killing humans, scientists and arms experts warned at an elite gathering in the Swiss Alps. Rules must be agreed to prevent the development of such weapons, they said at a January 19-23 meeting of billionaires, scientists […]
AN Israeli Holocaust survivor may be the world’s oldest man at 112, Guinness World Records said, providing he can find the documents to prove it. His family say Yisrael Kristal was born in Poland on September 15, 1903, three months before the Wright brothers took the first aeroplane flight. He lived in the country until […]
Microsoft will put a billion dollars’ worth of cloud computing power in the hands of non-profit groups and university researchers free of charge. A philanthropic arm of the U.S. software colossus will make the donation during the coming three years to 70,000 non-profit groups and researchers, chief executive Satya Nadella said this week while attending […]
A BATHER was left feeling less than Lush — after a product dyed her bright pink for three days. Abi Shenton misused the bright bath bombs from the luxury toiletry company and wasn’t tickled pink with the result, The Sun reports. But she was left red-faced as well as bright pink when she realised her […]
China’s gross domestic product growth slowed to 6.9% in 2015, official data showed Tuesday, the weakest annual rate in a quarter of a century for the world’s second-largest economy, a mounting concern for global investors. The figure was the slowest in the People’s Republic since the 3.8% of 1990, a year after the bloody Tiananmen […]
Disruptive labour market changes, including the rise of robots and artificial intelligence, will result in a net loss of 5.1 million jobs over the next five years in 15 leading countries, according to an analysis published in Davos on Monday. The projection by the World Economic Forum (WEF), which is holding its annual meeting in […]