China is developing its first national single mobile payment platform. It's been created to lift domestic information consumption and boost economic growth, and could replace cash, credit and debit cards.
The United Arab Emirates has announced it is embarking on a drone project, which, if successful, will see government documents delivered to citizens by unmanned aerial vehicles. This will follow six months of testing.
Oxford University and Amlin, one of the biggest independent insurers at Lloyd’s of London , are to jointly study the reliability of the existing models that predict natural disasters. Improved prediction could reduce huge insurance company losses.
A Russky Island off the city of Vladivostok, known as Russia's "San Francisco of the east", could become a replica of Silicon Valley. The local university wants to turn it into a high-tech business hub according to Deputy Prime Minister Yuri Trutnev.
New York plans to create regulations that will guide virtual currency firms that operate in the state, possibly requiring them to hold a “BitLicense,” the state’s top banking regulator said Tuesday, one day after a major arrest in the bitcoin universe.
The British Royal Air Force’s Tornado fighter jets have performed their first flights with some onboard metal parts manufactured using revolutionary 3D printing technology, defense firm BAE Systems has announced.
There is more to the Russian economy besides oil and mineral exports, Prime Minister Dmitry Medvedev said Tuesday. He also promised productivity will grow 50 percent in the next five years, which followed a severe bout of stagnation in industrial output.
A step towards making 3D printing affordable has been made at Michigan Technological University, which presented an open-source 3D metal printer for only $1,500. Detailed plans and software are all open-source and freely available, too.
A Russian company has come up with a double sided smartphone which includes an electronic paper display on the back. Yota Devices hope the revolutionary technology will help it win market share in Europe and the Middle East.
The EU ‘horror show’ would not have offered Ukraine any financial benefits, geopolitical analyst William Engdahl told RT. He argues that multinational corporations just want to use Kiev to extract the resources of yet another European country.
A leading Wall Street bank is forcing its staff to take time off, and banning them from the office at the weekend. Goldman Sachs wants its junior employees not to over-work and has set up a task force to break the 100 hour a week stereotype.