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Daily Archives: March 3, 2018

Wall Street falls, on track for weekly losses on trade war fears


March 3, 2018

The Dow and S&P 500 fell on Friday and were on track for weekly losses as investor anxiety built over a possible global trade war following US President Donald Trump’s threat to impose import tariffs on steel and aluminium. Europe has drawn up a list of US products from bourbon to Harley Davidson motorbikes on which to apply tariffs if …

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Toyota venture to spend 2.8bn dollars to develop self-driving technology


March 3, 2018

TOKYO (Reuters) – Toyota Motor Corp said a new venture would be investing more than $2.8 billion to develop automated-driving software – the latest salvo in an increasingly frenetic battle to be ahead in a sector hit by a slew of disruptive technologies. The Tokyo-based venture, which will bring together some 1,000 employees including new hires, will be 90 percent …

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Huawei receives 2018 GSMA award for contribution to mobile industry


March 3, 2018

ISLAMABAD (Press Release) – The GSMA presented Huawei Technologies with the 2018 award for contribution to the mobile industry. The award was presented at a special ceremony held last evening, where Huawei was recognized for decades of advocating new technology standards, driving digital transformation, and building out the digital ecosystem. At the ceremony, Ken Hu, Rotating and Acting CEO at …

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Robot AV1: Helping ill kids to continue learning and beat loneliness


March 3, 2018

(Thomson Reuters Foundation) – For children battling long-term illness, coping with physical pain is not their only challenge: being away from school also means missing out on time with friends, and that can be tough. And parents often worry about the impact months of missed classes will have on their child’s education. That is where a classroom robot called AV1 …

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Microchip Technology buys rival for $8.3 bn


March 3, 2018

WASHINGTON (AFP) – Microchip Technology Inc. said Thursday it was buying semiconductor rival Microsemi Corporation for $8.3 billion — in a deal bringing together two firms in chips for data centers, smart appliances, and aerospace and defense applications. The boards of both firms approved the deal, worth more than $10 billion including Microsemi’s cash and assets. The transaction is subject …

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Facebook launches new feature to help increase blood donations in Pakistan


March 3, 2018

Facebook has launched a blood donations feature in Pakistan to make it easier for people to sign up to be blood donors, and to help connect donors with people and organisations in need, a press release said. “People using Facebook in Pakistan will be able to sign up to be blood donors either on their profiles or by visiting facebook.com/donateblood. …

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Vitamin D boosts recovery from burn injury


March 3, 2018

ISLAMABAD: Burn wounds heal faster in people with high levels of vitamin D, reveals a study. The findings suggest that vitamin D supplements could be a simple and cost-effective treatment to cure burns, reported Medical Xpress, a web-based medical and health news service. Many patients are still at risk of poor recovery despite improvements in burn care over the last …

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Trump criticizes actor Alec Baldwin again


March 3, 2018

WASHINGTON (AFP) – President Donald Trump on Friday attacked actor Alec Baldwin, who lampoons him mercilessly on the comedy show “Saturday Night Live.” Baldwin said in an interview Thursday with The Hollywood reporter that it was “agony” to impersonate Trump. “Every time I do it now, it s like agony. Agony. I can t,” Baldwin said. Trump fired back early …

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‘Emoji Movie’ swoons below Cruise, Gibson at ‘worst in film’ Razzies


March 3, 2018

LOS ANGELES: Animated “The Emoji Movie” stunk up the annual Razzie awards on Saturday, tanking below all contenders for worst achievements in film, while Tom Cruise and Mel Gibson were also roasted for 2017’s most ignoble performances. “The Emoji Movie,” Sony Pictures children’s film about talking emoticons, earned four Golden Raspberries, including worst picture, director and screenplay. In its 38th …

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Women looking for Oscar love in best picture cliffhanger


March 3, 2018

LOS ANGELES: Women are hoping for some long overdue love at the Academy Awards on Sunday, where the biggest prize in the movie industry is wide open after an awards season dominated by Hollywood’s sexual misconduct scandal. Romantic fantasy The Shape of Water — Fox Searchlight’s tale of a mute cleaning woman who falls in love with a river creature …

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