A robot with a firm yet gentle grasp

[ad_1] A robotic gripper developed in the lab of University at Buffalo engineer Ehsan Esfahani uses repulsion between magnets to adjust the stiffness of its grip, improving safety. Credit: Douglas Levere/University at Buffalo Human hands are remarkably skilled at manipulating a range of objects. We can pick up an egg or a strawberry without smashing […]

Yahoo Japan to acquire online fashion firm Zozo

[ad_1] Yusaku Maezawa, known for his extravagant lifestyle, is stepping down as Zozo chief executive after its acquisition by Yahoo Japan Yahoo Japan said Thursday it will acquire a majority stake in the online fashion retailer Zozo founded by billionaire Yusaku Maezawa, known for buying pricey art and his space travel plans. The Japanese IT […]

China's Geely takes stake in German 'flying taxi' firm Volocopter

[ad_1] German “flying taxi” developer Volocopter said Monday it had raised 50 million euros ($55.1 million) from investors including automaker Geely, risking a revived debate about Chinese investments in EU firms. “The new funds will be used towards bringing the VoloCity aircraft to commercial launch within the next three years,” Volocopter said in a statement. […]

Ride-hailing firm Grab to invest $500 million in Vietnam

[ad_1] The latest investment in Vietnam will be used on a range of services as well as expanding transport, food and payment offerings Ride-hailing giant Grab said on Wednesday it will invest $500 million over five years in Vietnam, the company’s latest expansion in a key Southeast Asian market. The Singapore-based firm has grown rapidly […]

Ride-hailing firm Grab to invest $500 million in Vietnam

[ad_1] The latest investment in Vietnam will be used on a range of services as well as expanding transport, food and payment offerings Ride-hailing giant Grab said on Wednesday it will invest $500 million over five years in Vietnam, the company’s latest expansion in a key Southeast Asian market. The Singapore-based firm has grown rapidly […]

UK energy firm says power cut was not caused by cyberattack

[ad_1] People wait for trains at King’s Cross station in London Saturday, Aug. 10, 2019 a day after all services in and out of the station were suspended when a power cut caused major disruption across the country. Operators of Britain’s electricity network say a power cut that affected a million people and caused travel […]

Siemens in billion-euro deal for surgical robots firm

[ad_1] Siemens’ medical devices arm has reached a deal to buy US-based Corindus, which builds robots to assist surgeons with operations on veins and arteries German industrial conglomerate Siemens said Thursday its medical devices arm had agreed to buy US surgical robots maker Corindus for one billion euros ($1.1 billion), in a deal that must […]

AI company Hypergiant to help consulting firm turn intellectual property into products

[ad_1] Credit: CC0 Public Domain A Texas-based artificial intelligence startup will work with technology consultant giant Booz Allen Hamilton to develop artificial intelligence products for the federal government and commercial companies. The strategic relationship with Hypergiant Industries is designed to capitalize on the skill sets of both companies and develop Booz Allen’s intellectual property archive […]

China tech firm eyes IPO for gay dating app Grindr

[ad_1] The Chinese parent company of the popular gay dating app Grindr on Tuesday said it will “restart” plans for a public listing after a US national security panel dropped its opposition to the move. US authorities had earlier raised concerns about the potential misuse of the app’s data by the Chinese government after Beijing-based […]

Dutch IT security firm dumps corporate structure

[ad_1] Happy employees ensure happy customers – that is the underlying vision and business philosophy of Hartger Ruijs, founder of Dutch IT security company Computest. And to achieve this, Ruijs has spent three years working to make his company self-organising. Ruijs, a 37-year-old technician, founded Computest in 2005. The company specialises in performance and security […]