Red, a company that makes high-end cameras to shoot blockbuster films, has launched an expensive smartphone which it is billing as the “world’s first holographic media machine”. The Hydrogen One smartphone has a 5.7 inch holographic display and runs Google’s Android mobile operating system. According to a press release by Red, the handset’s screen can […]
Read moreTesla has agreed to build the world’s largest lithium-ion battery storage project in South Australia, billionaire founder Elon Musk said on Friday. The electric car company, which also makes the Tesla Powerpack storage battery, outbid 91 other companies to win a contract to install a 100 megawatt facility. It will partner with French renewable energy […]
Read moreMUMBAI, India — Amazon Prime Video is looking to cash in on India’s two biggest loves: Bollywood and cricket. The streaming service is set to debut its first original series for India, “Inside Edge,” on Monday — just six months after Amazon’s Prime service launched in the country. It’s the latest push to capture a […]
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Protesters have taken to the streets of Hamburg, Germany, for the second day of anti-capitalism demonstrations as world leaders prepare to meet for this weekend’s 12th annual G-20 summit. Tens of thousands of people marched across the port city Thursday to display their frustrations about societal inequalities in what they dubbed a “Welcome to Hell” […]
Read moreIndonesia suffered its worst financial crisis in 1997 to 1998. The Asian Financial Crisis that hit the nation severely affected its economy, with some reports indicating a 13.7 percent contraction in growth. In one year, the Rupiah weakened from 2,500 against the U.S. dollar, to 10,000 Rupiah — with the pair peaking at 17,000. Twenty […]
Read moreBerkshire Hathaway Energy, a unit of Warren Buffett‘s Berkshire Hathaway Inc, said on Friday it would acquire Oncor Electric Delivery Company LLC in a deal that puts Oncor’s equity value at about $11.25 billion. Berkshire Hathaway Energy said it agreed to buy reorganized Energy Future Holdings Corp (EFH), Dallas-based Oncor’s bankrupt parent, for $9 billion […]
Read moreSince May, hackers have been penetrating the computer networks of companies that operate nuclear power stations and other energy facilities, as well as manufacturing plants in the United States and other countries. Among the companies targeted was the Wolf Creek Nuclear Operating Corporation, which runs a nuclear power plant near Burlington, Kan., according to security […]
Read moreSouth Korean police said on Friday it raided the headquarters of Korean Air Lines Co. Ltd. as part of an investigation into embezzlement and breach of trust. A police official said it was a probe into allegations that company funds were used to pay for construction work at the home of Korean Air Chairman Cho […]
Read moreThe United States is not interested in making concessions to North Korea anytime soon, following what is widely believed to be that country’s first launch of an intercontinental ballistic missile (ICBM), according to analysts at research firm Eurasia Group. Evan Medeiros, managing director and practice head for Asia at Eurasia Group, wrote in a July […]
Read moreBeijing traffic authorities are investigating whether Baidu broke any laws after CEO Robin Li tested an autonomous car in city streets. Li rode in two different driverless cars in Beijing on his way to speak at a company event for developers on Wednesday. He live broadcast part of the trip from the passenger seat in […]
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