Category: Business
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Engineers at Tesla showed a prototype for a ventilator on Sunday evening in a video published on the company’s YouTube channel, as hospitals around the country overwhelmed by coronavirus patients face device shortages. The design for the ventilators relies heavily on Tesla car parts, one of the engineers said, enabling the company to redeploy existing…
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A California-based tech millionaire has been found dead after being kidnapped from his home in Santa Cruz, California. The body of Tushar Atre was discovered 14 miles from his lavish Pleasure Point oceanfront property, police confirmed on Thursday. Two days earlier Santa Cruz County Sheriff’s Office issued an alert that a number of assailants had…
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MEMPHIS— A prominent Mississippi businessman is facing serious charges after he admitted to stealing luggage from the Memphis airport. Dinesh Chawla is charged with felony theft of property. Arrest records show he was seen taking a suitcase off the baggage claim belt on Sunday. Police say he put the bag in his vehicle, then returned…
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NEW YORK: European blockchain company The Bitfury Group, valued recently at more than $1 billion, has launched its artificial intelligence (AI) division, the company’s top official told Reuters in an interview. The AI division will operate alongside Bitfury’s existing blockchain services and remain part of the company.Bitfury is one of a handful of blockchain companies…
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LONDON: Fallout from Brexit has helped New York overtake London to become the world’s pre-eminent financial center, a survey of financial executives by Duff & Phelps showed on Tuesday. The consultants said their annual Global Regulatory Outlook survey contacted 180 executives in asset management, private equity, hedge funds, banking and brokerage. They were asked where…
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One of the co-founders of Facebook called on Thursday for the social media behemoth to be broken up, warning that the company’s head, Mark Zuckerberg, had become far too powerful. “It’s time to break up Facebook,” said Chris Hughes, who along with Zuckerberg founded the online network in their dorm room while both were students…
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ABU DHABI: India and the United Arab Emirates on Tuesday signed a currency swap agreement to boost investment and enable direct trade without using dollars or other international currencies. The swap is for 2 billion dirhams or 35 billion Indian rupees ($496 million), depending on which central bank requests the amount, an Indian embassy statement…
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Tanzanian tycoon Mohammed Dewji, who was kidnapped earlier this month, said Saturday he had been released and had returned home safely. I thank Allah that I have returned home safe and sound,” Dewji told a press conference in Dar es Salaam where he was abducted on October 11 as he entered a hotel gym. Clearly…
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Facebook confirmed on Friday that it is hiring Nick Clegg, the former deputy prime minister of the United Kingdom, to be its head of global policy and communications. Clegg, a member of the Liberal Democrats in Britain, will head to Silicon Valley in January to replace Elliot Schrage, who announced in June that he would leave Facebook after…
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Bollywood Rock Star Sukhwinder Singh to set the stage with his Grammy Winning Song Jai Ho in Naperville Naperville, IL – May 14, 2018: Indian Community Outreach (ICO) hosted Kick – off ceremony of grand India Day Celebration for 2018 India Day to celebrate 71 years of India’s Independence Day. The event was attended by over 100…