• June 25, 2024

Lyft Plans Investor Road Show For IPO Of $2bn

Lyft, ride hailing platform has stated that it will soon launch a roadshow to create awareness about its brand and services in view of its upcoming IPO scheduled for 18th March. Lyft will make a strong attempt to attract investors to make its IPO a success as its closest rival Uber Technologies is making its…

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Battery Startups Want To Take On Tesla, Raise Millions

Since lithium-ion batteries were created a few decades ago in 1991, they have been part of critical resources for virtually all tech devices from smart watches to phones and now even electric cars. These rechargeable batteries have become the standard for electric power in automobiles and currently 3 million electric and hybrid cars run on…

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US-China Trade talks May See End Of Tunnel Within Weeks—Ex-US Trade Rep

Conflicts in trade between the U.S and China have only worsened in recent times. Since they are two of the biggest economies in the world, the ripple effect could be seen in the economy of smaller dependent countries too. However, things seem to have stabilized now with a trade deal on the cards in the…

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Common Diabetes Drug Is Used By Techies To Live Long

There is mounting evidence indicating that metformin, a low-profile inexpensive anti-diabetic drug can prolong aging in individuals. The drug which is prescribed for diabetes since years has come into public cynosure due to certain health benefits inadvertently conferred on the patients; one and most important of them being lowered susceptibility to cancer in comparison to…

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Experts Want To Ban Gene Editing Research For 5 Years

Amid a lot of controversies over the gene-edited babies, the US National Institute of Health has asked for an immediate ban on research of re-engineering the human species. Prof. He Jiankui is the world’s first scientist who tweaked the genes of twin babies to eliminate HIV traits from their DNA. But, many scientists have been…

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US Job Vacancies Jump To New High—Report

According to figures released by Bureau of Labor Statistics job vacancies in the US jumped to 7.6 million as many employers are looking for qualified personnel to fill vacant positions. The Job Opening and Labor Turnover Survey (JOLTS) that measure employment vacancies level and also checks on number of people that have left jobs along…

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Arianespace Launched Its 3rd Satellite—Report

Launch provider in Europe, Arianespace has been successful in their 3rd launch of 2019 on March 21st. The mission was conducted on a Vega rocket for Space Agency in Italy. Arianespace’s light-lift vehicle named Vega was launched from Kourou at French Guiana sharply at 9:50 p.m. PRecursore Iper Spettrale della Missione Applicativa Satellite, commonly known…

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Musk Writes To His Employees To Assist Vehicle Deliveries

On March 21, 2109, the CEO of Tesla, Elon Musk has made it a point to sent an e-mail to each one of his employees to aid in deliveries in spite of what position they hold in the company. This move by Tesla is not something out of the box since they usually ask for…

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Negative News Hits Facebook, Yet Active Users Continue To Grow

Facebook (FB) is facing trouble again. It is said that FB is storing millions of passwords of users in plain text in the company servers. Plain text means that they are not encrypted. As the passwords are kept in the server, they can be accessed by any person. Passwords that are not encrypted and stored…

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NASA’s InSight lander Sensed Small Tremors On The Red Planet

The InSight lander of NASA has completed the insertion of its hyper-sensitive seismometer on the surface of the Red Planet and this happened after months of delicate maneuvering. The instrument is created to unveil the mysteries about Mar’s interior by sensing the growing noise of marsquakes. Recently, just before its run, Insight lander has already…

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Insta Founders Ask Politicians To Reveal Concrete Plans To Resolve Tech Industry Issues

Mike Krieger and Kevin Systrom, who are the co-founders of Instagram commented on Monday that it is essential for politicians to come up with solutions in addressing the specific problems of the tech industry rather than just contemplating the splitting up of companies such as Facebook. Speaking at the conference of South by Southwest held…

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United Health To Pass On Drug Discount To Consumers

United Health said on Tuesday that company’s new plans which will be employer-sponsored in the year 2020, discounts will be paid to the consumers at counters of drug stores. This move is a progress on the already existing programs of discount announced nearly a year back. The announcement from the company had stipulated that it…

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