Elon Musk loses record $16.3 billion in just ONE DAY amid rout in US technology stocks

Elon Musk lost a record $16.3 billion after Tesla shares plummeted by 21 per cent losing more than $100 billion off its market value yesterday – the company’s biggest ever drop. To add insult to injury, the electric car maker was snubbed for inclusion in the S&P 500 Index. Musk’s drop in net worth is the … Read more

Government’s £32 MILLION bet on futuristic healthcare technology

The British Government has today announced it is investing £32million into cutting-edge healthcare technology. They will be formally announced by Science Minister, Amanda Solloway, MP for Derby North, later today at the launch of London Tech Week.  It includes funding for six pieces of healthcare technology at the very forefront of medicine and could offer … Read more

Technology stocks hammered in day two of sell-off

Technology stocks suffer fresh losses in further sign that their extraordinary rally has run out of steam By Hugo Duncan for the Daily Mail Published: 21:57 BST, 4 September 2020 | Updated: 21:57 BST, 4 September 2020 Technology stocks suffered fresh losses last night in a further sign that their extraordinary rally has run out … Read more

Facebook’s Reality Labs share pioneering AR audio technology work

Facebook has been going all in on augmented reality but the company isn’t just focused on what we see.  In a post, the social media firm peeled back the curtain on Facebook Reality Labs’ pioneering work developing audio-enhancing technology. Their goal is to perfect ‘audio presence,’ where sounds from speakers, headphones or other devices are … Read more

Kanye West sued by a company claiming he stole their technology for his Sunday Service shows

Kanye West sued by a company claiming he stole their technology for his Sunday Service shows By Brian Marks For Dailymail.com Published: 02:02 BST, 26 August 2020 | Updated: 03:07 BST, 26 August 2020 Kanye West got more bad news amid his long-shot presidential run as a company filed a lawsuit against him for failing … Read more

ALLIANZ TECHNOLOGY aiming for 20% returns

ALLIANZ TECHNOLOGY is a trust is still aiming for 20% returns By Jeff Prestridge, Financial Mail on Sunday Published: 21:51 BST, 22 August 2020 | Updated: 21:51 BST, 22 August 2020 Walter Price is confident that he can keep delivering stellar returns for those invested in the investment trust he runs – the £981million Allianz … Read more

Semi-autonomous lane-keeping systems in cars is a ‘nascent technology’

Drivers could be allowed to legally take their hands off the wheel on motorways early next year and a semi-autonomous system take over in the next phase of allowing self-driving cars onto Britain’s roads, the Department for Transport revealed earlier in the week. Ministers are examining whether new models fitted with an Automated Lane Keeping System … Read more

Airbnb introduces technology to stop people using short-term rentals to hold out-of-control parties

Airbnb has launched technology to prevent people from hosting wild parties at its short-term rental properties. The business ran a pilot test of its new reservation screening system in Melbourne over the past two years and plan to roll out the tech across the country. The system uses information including group size, listing size and duration … Read more

Federal agencies are worried face masks may be used to evade facial recognition technology

Federal agencies in the US are worried face masks may be used to evade facial recognition technology Documents show the DHS is worried that face masks may hinder the use of facial recognition technology Officials worry that they could be used by ‘violent extremists’ There is no current evidence that masks are being used by threat … Read more