Technology

Immensa revives concrete casting techniques with 3D printing tech

DUBAI / Emirates Business Immensa Technology Labs, the UAE’s leading Additive Manufacturing (AM or 3D printing) company, in collaboration with global leader in construction industry, Consolidated Contractors Company (CCC), released result of a world-first joint effort to recover a series of concrete casting techniques with the aid of large-format 3D printing. The ‘Sensorial Adaptive Concrete Screen’ was developed with NOWlab, ...

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Apla unveils smart laws to enhance blockchain fidelity

DUBAI / Emirates Business Apla, a technology company that develops blockchain solutions for governments and enterprises, introduced Smart Laws as an answer to transaction fidelity surrounding blockchain technology. Smart Laws allow verifying the existence of any licenses, permits and any other conditions necessary that were not taken into account when writing a smart contract. They provide a mechanism to verify ...

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Big tech throws money, talent at robots for the home

Bloomberg Science fiction writers and technologists have been predicting the arrival of robot butlers for the better part of a century. So far domestic robots have been relatively pedestrian: robot dogs, vacuum cleaners, lawn mowers. Rosie of “The Jetsons” fame? Not so much. That may be about to change. Behind the scenes, big tech companies are funding secret projects to ...

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Company that called demise of CD-ROMs moves away from LCDs

Bloomberg Back in 2004, when selling CD-ROMs was still a lucrative business, BenQ Materials Corp. thought it was time to get out. In the years that followed, the technology became less mainstream, overtaken by everything from flash drives to online downloads. Now, the Taiwanese electronics parts maker is doing it again. This time, it’s cutting back on a different cash ...

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Daimler plans overhaul as new tech upends auto business

Bloomberg Daimler AG will carve itself into three separate units in its biggest overhaul in a decade as the Mercedes-Benz car and truck maker seeks to adapt to the unprecedented shift to self-driving and electric vehicles. The need for change was evident in the German manufacturer’s second-quarter figures that showed another slump in earnings following on from the first three ...

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SoftBank-backed Mapbox targets self-driving cars

Bloomberg Mapbox Inc., backed by SoftBank Group Corp., says it has a role to play in Masayoshi Son’s vision for ride-hailing and autonomous cars. The provider of mapping data for Tinder, Evernote and Facebook Inc. in October raised $164 million in a funding round led by the SoftBank Vision Fund. The infusion was aimed at helping Mapbox go beyond maps ...

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‘Cockroach bots’ roam air show

Bloomberg The Farnborough air show, best known as the year’s biggest marketplace for passenger planes, also acts as a testbed for the aviation industry’s wilder imaginings. Vying for attention with billions of dollars in jetliner deals at this year’s expo is a smorgasbord of new technologies, many seemingly intent on eliminating the human from the equation. Boffins at UK engineering ...

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China electric scooter startup Niu plans $300 million IPO

Bloomberg Niu, the Chinese company that sells so-called smart electric scooters in 27 countries, is pursuing an initial public offering that could raise about $300 million, people with knowledge of the matter said. The startup, founded in 2014, is working with advisers on the potential IPO, said the people, who asked not to be identified because the information is private. ...

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Gogo’s proposed revamp isn’t selling too well on Wall Street

Bloomberg It took a mere decade for airborne web surfing to shift from novelty offering to essential airline service. Yet for Gogo Inc., the largest provider in the field, selling an amenity that almost everyone wants has oddly become a business that stinks. The company operates two units, one focussed on business aviation and the other on commercial airlines. The ...

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Apple updates Pro laptops ahead of fall product blitz

Bloomberg Apple Inc. released an upgraded MacBook Pro line that’s faster and has more features, targeting its loyal base of professional users like app developers and movie editors. The new laptops, which come in the same 13-inch and 15-inch sizes as last year’s models, include pro-focused upgrades like additional memory and storage, the ability to compile code faster, brighter screens, ...

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