Technology Sector

Amazon Echo Might be Tested for Banking Transactions

Amazon Echo Might be Tested for Banking Transactions

Smart gadgets are an in-thing in today's world and the Amazon Echo, the tube-shaped speaker from the Seattle based e-commerce company has made quite an impression on the market.

The Echo comes with intelligent voice assistant, Alexa, which activates the speaker when users simply say "Alexa." Thereafter, Alexa can be given command to play music or other channels, control smart home gadgets such as the thermostat or lights connected to the internet.

Shares of Newly Formed HP Enterprise Rises as Its CEO Reassure About Strong Demand

Shares of Newly Formed HP Enterprise Rises as Its CEO Reassure About Strong DemandShares of the newly formed Hewlett Packard Enterprise climbed as CEO, Meg Whitman reassured the investors regarding the strong demand for corporate technology in the company's inaugural earnings report. It also provided justification for her move that lead to spinning off Hewlett-Packard into two companies.

Marvell Technology Group Ltd Says Internal Probe by Committee of Directors Finds Accounting Issues

Marvell Technology Group Ltd Says Internal Probe by Committee of Directors Finds

Last year, chip maker, Marvell Technology Group Ltd., announced it was going through an internal investigation that was looking into its accounting and internal control practices. The Hamilton, Bermuda based company said that its board's audit committee has found no proof of fraud but had concluded that there are some accounting problems and some revenue have been recognized in advance.

Researchers develop virtual reality headsets to help heroin addicts

Researchers develop virtual reality headsets to help heroin addictsA team of researchers have said they have developed a virtual reality based treatment to help kick heroin addiction.

Paramount Exploring Possible Sale of Minority Stake; Speculations are on for Probable Buyers

Paramount Exploring Possible Sale of Minority Stake; Speculations are on for Pro

Shares of software company, Wynyard Group, which is a market leader in making crime fighting software, hit a record low when it lifted its one week long trading halt. The company's shares almost halved.

Wynyard's shares dropped about forty percent following the company's disappointing annual result along with majorly discounted rights issue aimed at raising cash.

Nokia says 5G Might Arrive Earlier than Expected

Nokia says 5G Might Arrive Earlier than Expected

Nokia the mobile giant which once had a massive share in the mobile phone market is shifting its focus from any high-tech new device to something else.

Nokia, the Espoo, Finland based mobile equipment maker thinks the shift from the 4G to the next generation 5G wireless networks might make an entry well before expected in 2020. That's the year which many in the mobile industry consider that the mass-market up gradation will start.

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