Baidu Expands Its Self-Driving and AI Research Efforts with New Silicon Valley Office

28 Mar baidu-image-e1450107108325-768x384

By Anmol Sachdeva, The Tech Portal

Chinese search giant Baidu might’ve just recently parted ways with its most valuable AI scientist but that isn’t slowing down its efforts. Instead, the company is expanding its presence in the United States by setting up a second research and development center in Silicon Valley. Continue reading 

GeneQuantum Closes RMB40 Million Series A Financing

28 Mar GeneQuantum

GeneQuantum Healthcare (Suzhou) Co., Ltd., a high-tech company focused on the research and development of innovative Bio-therapeutics, announced the completion of a RMB40 million (equal to approximately $5.8 million) Series A financing. The lead investor is Oriza Seed Venture Capital (“Oriza Seed”), joined by TF Capital. Continue reading 

MyKronoz Makes Baselworld Tick with ZeTime

28 Mar ZeTime - schema

Swiss wearable brand MyKronoz has announced it will showcase ZeTime, the first fully hybrid smartwatch, at the world’s most prestigious watch show, Baselworld (Stand D31, Hall 2.2). Continue reading 

Alibaba Collaborates with AusPost, Blackmores and PwC to Tackle Food Fraud Using Blockchain

28 Mar alibaba-e1449603425968

By Kajal Joshi, The Tech Portal

Alibaba has teamed up with Australian Post, Blackmores, and PwC to combat the rise of “food fraud” using blockchain technology. They have undertaken this initiative as a result of the rise in counterfeit food being sold across China. This proves to jeopardize the business of local producers, as they tend to lose tens of millions because their brands are simply copied. Continue reading 

Panasonic Donates a Total of 1,584 Solar Lanterns to South Africa, Swaziland, and Lesotho

28 Mar PANASONIC

Since 2012, Panasonic Corporation has been working on the 100 Thousand Solar Lanterns Project, a project that aims to donate a total of 100 thousand solar lanterns to the world’s non-electrified areas by 2018, which is the centennial of Panasonic’s foundation. Continue reading 

Samsung Wants to Allow You to Make Payments by Waving Your Hankerchief

28 Mar samsung-pay-trial-screenshot-tp-news

By Mudit Mohilay, The Tech Portal

Samsung is very intent on contactless payments. That much is no secret. You just have to look at the effort the company has made with its Samsung Pay service to know the truth of that. The company has a lot of competition though and it vies with names like Android Pay and Apple Pay. Today, the company is introducing yet another tier along its drive with the launch of the contactless payments platform. Continue reading 

Amazon to Invest $500 Million in India’s Food Retail Market

27 Mar Amazon-logo-jpg

By Simran Agarwal, The Tech Portal

Witnessing the billion dollar funding of arch-rival Flipkart and weighing its future growth prospects with e-bay acquisition, Amazon India has now come up with fresh plans. The U.S. e-commerce major intends to invest about $500 million in country’s food retail space along with kicking off several brick and mortar stores in India. The company approached food processing minister Harsimrat Kaur Badal on Thursday to discuss its ideas and strategies. Continue reading 

SoftBank’s Self-Driving Bus Division Rakes in $4.6Mn, to Start Public Trials by 2nd Half of 2018

27 Mar softbank-self-driving-bus-990x557

By Anmol Sachdeva, The Tech Portal

SB Drive, SoftBank’s self-driving bus division has gotten a significant boost today. As announced via an official blog post, SB Drive has received a massive $4.6 million (510 million yen) capital infusion led by Yahoo Japan. SoftBank Corp has also made an investment in the same to further increase its stake in this mobility business of the future. Continue reading 

Nokia 3, Nokia 5 and Nokia 6 to Launch Simultaneously in 120 Markets during Q2 2017

27 Mar Screenshot_2017-01-08-11-43-18-509_com.android.chrome-990x557 (1)

By Simran Agarwal, The Tech Portal

HMD Global launched three new Android devices namely Nokia 3, Nokia 5 and a global version of the Nokia 6 (previously launched in China) at MWC 2017. Just as the iconic brand’s strong comeback surprised everyone, it now intends to rattle the smartphone industry with a huge simultaneous global release. HMD plans to roll out the devices in 120 markets at the same time during Q2 2017. Continue reading 

Alexa will now answer your voice commands on Huawei Mate 9

25 Mar mate-9

By Anmol Sachdeva, The Tech Portal

During its launch event at CES 2017 back in January, Huawei announced that its flagship Mate 9 smartphone would soon be receiving Amazon Alexa’s smarts. And the Chinese hardware maker is today delivering on its promise as Alexa is finally making its way to Mate 9 owners in the United States in the form of an over-the-air update. Continue reading