Real-time faster payments and transfers are making it easier for money launders to execute criminal activities. Lawyers and accountants before they sign off on a deal should ensure the deal is “legit”. However, a tiny number of law firms around the world are knowingly happy to turn a blind eye and treading on borderline. Several honest…
Levi’s and Google have brought out a technology denim jacket. The Jacquard denim with technology woven into the fabric, that enables touch interactivity, once paired to a smartphone via Bluetooth, the jacket allows the wearer to control key functions with gestures by brushing or tapping off the cuff, and double tap with two fingers starts…
US chipmaker Intel is taking over specialist and world leader in collision avoidance systems, Mobileye for $15.3bn ( £12.5bn). Mobileye, Jerusalem-based, Israeli company which develops “autonomous driving” systems. The deal is the biggest ever exit in the history of Israeli industry. Intel said that the acquisition will bring out the best-in-class technologies from both companies,…
The Project Loon team, Part of Google’s X research lab, said it was able to use machine learning to predict weather systems and they are a “Year closer” to rolling out a network with huge balloons to provide high-speed connectivity to rural areas. They have greater control over where its balloons go so that it concentrate…
Sociologist, Donna Freitas after interviewing 200 students from 13 US colleges about their social media addictions, writes in her latest book, “Students express near universal adoration of Snapchat. They can say dumb things, and take goofy, ugly photographs and parade them to other people, and can be sad, mean and negative.” Social media has…
Air India London-bound flight carrying 231 passengers and 18 crew on board from Ahmedabad had to be escorted by fighter jets after it lost contact with air traffic control while flying over Hungry. For over two hours Hungarian, German and Belgian pilots shadowed the 787 Dreamliner, around 8:15 am. When it failed to make a…
Over 200, 000 people attended the Australian International Airshow, at Avalon on March 4th and 5th 2017, and added $25m into the local economy according to organiser spokesman Tom Bennett. Lockheed Martin showcased their joint Strike Fighter Technology with two $332m F-35As flying from their American base. Over twenty drone retailers and manufacturers will explain…
Loss-making British Luxury brand, James Bond carmaker, Aston Martin reported its sixth consecutive annual loss but said its latest DB11 equipped with Mercedes electronic gadgets boosted sales in the end of 2016. Aston Marin Marque, which made a £71.9m loss in 2016, £127.9m loss in 2015, the fifth consecutive year the company has filed to make…
RAF Typhoons from Coningsby in Lincolnshire, intercepted a Romanian civilian plane with three crew after the aircraft lost communications, according to the Ministry of Defence. The Romanian Saab 340 plane travelling from Bucharest was escorted to Birmingham International Airport at about 7:30 GMT, where the runway was closed for half an hour. One Plane from…
An RAF Chinook helicopter was in a near miss accident after it was seconds away from being downed in a collision with a drone as it came into land at a British base according to an accident investigation. The |£60m twin-rotor aircraft was flying at 138mph when the drone was spotted as a faint image…