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'Unclonable' tag combats counterfeiters

Discovering that your new designer handbag or gold watch is a fake is costly and annoying, and counterfeit medical devices or drugs could have even more serious consequences. But seemingly as soon as manufacturers develop a new method to ensure product authenticity, counterfeiters find a way to outsmart it. Now, researchers have created an "unclonable" tag that can never be replicated, even by the manufacturer. They report their results in ACS Applied Materials & Interfaces.

Feb 08, 2019 8:01 AM EST


When the insurance company monitors your driving in real time does it help?

The traditional model for setting auto insurance premiums has been to base rates on the motorist's driving history, age, gender and even marital status (in some states). Thanks to new technological options, insurance companies, and motorists have started to work together to give the insurance companies access to better data on an individual driver's risk level, and give the same driver a sense of greater control over how much he or she will pay in insurance premiums.

Feb 08, 2019 7:55 AM EST


Can machine learning deliver critical market insight on consumer needs faster and cheaper?

Consumer brands have long used old-fashioned focus groups, interviews and surveys to best gauge consumer wants, desires and needs as part of processes that range from product development, to marketing and sales. As machine learning and artificial intelligence (AI) have emerged, there is an increasing interest in the ability to harness these solutions to save time and money, and to yield more reliable consumer insights.

Feb 08, 2019 6:51 AM EST


North Korea's 'Lazarus' hackers attack global banks, stolen money to fund nuclear programs

What seemed like a perfect hacking operation turned out to be a failure as Kaspersky has spotted a mistake on the part of the Lazarus hackers. It found a brief connection that came from North Korea - proving their identity and origin.

Apr 04, 2017 6:56 PM EDT


Amazon to collect state sales tax marking the end of tax-free shopping experience

Amazon was one of the leaders in keeping online purchases tax-free. As the company moves to offer faster deliveries, it expanded its distribution centers and started collecting sales tax in more states.

Mar 31, 2017 9:54 PM EDT


Qatar Airways to offer loaner laptops in response to the US' electronics ban

Qatar also promises to provide a one hour free Wi-Fi access with a $5 charge to stay connected the whole flight. The loaner laptops, a workaround over the electronics ban, will only be available to the airlines' business class passengers.

Mar 31, 2017 7:17 AM EDT


Jeff Bezos becomes second richest in the world surpassing Warren Buffett, Amancio Ortega

Jeff Bezos added $1.5 billion to his fortune after Amazon rose to $18.32 on Wednesday following the announcement that it acquired Dubai-based online retailer Souq.com.

Mar 30, 2017 8:39 PM EDT


Elon Musk launches brain electrode company Neuralink

The idea of Elon Musk in creating Neuralink is to improve memory or give humans added artificial intelligence. This could be achieved by developing neural lace technology that would implant tiny electrodes into the brain.

Mar 29, 2017 11:13 AM EDT


Amazon acquires e-commerce platform Souq.com

Amazon executives did not disclose the value of the deal to which Goldman Sachs refer to as the "the biggest-ever technology M&A transaction in the Arab world."

Mar 29, 2017 10:40 AM EDT


American Airlines to buy $200 million worth of shares in China Southern

The deal ties American Airlines, one of the three big carriers in the US, with one of China's big three state-run airlines.

Mar 28, 2017 11:51 AM EDT


Apple, Facebook join augmented reality glasses race; tech groups bet it could replace smartphone

Apple and Facebook are going up against start-up company Magic Leap and Microsoft's HoloLens in developing a pair of augmented reality glasses that could one day replace the smartphone as the primary computing device for consumers.

Mar 28, 2017 9:25 AM EDT


Tech analyst notes key factors that could prevent Apple from becoming worth $1 trillion

The Cupertino-based company Apple's value is skyrocketing at the moment. With a valuation worth about three-quarters of a trillion dollars, the company is the best performer among tech companies. But a tech analyst notes three key factors that could prevent Apple from becoming worth $1 trillion.

Mar 27, 2017 12:26 PM EDT


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