Tag Archives: million

ECN Capital to buy Service Finance for C$410 million

Canadian commercial financing company ECN Capital Corp (ECN.TO) said on Thursday it would buy U.S.-based Service Finance Holdings LLC for C$410 million ($304 million) in cash. ECN Capital offers financial services to rail and commercial aviation markets, while privately held Service Finance Holdings lends for home improvement projects in the United States. Toronto-based ECN Capital sold its U.S. commercial and ... Read More »

New technology that can help the 360 million people with hearing loss

For the 360 million people worldwide who lack some or all of their ability to hear, technological interventions have already come a long way. But still, they’re not perfect. Hearing aids don’t translate certain frequencies as well as regular hearing, and some users find hearing interventions uncomfortable or are ideologically opposed to them. Soon that might all change. Scientists are ... Read More »

Five arrested for hacking into ATMs and stealing $3.2 million

Law enforcement authorities from Europe and Asia have arrested five members of an international cybercriminal group that specialized in hacking into automated teller machine (ATMs). The investigation began in early 2016, according to Europol. Three suspects were arrested in Taiwan, one in Romania, and one in Belarus. Most of them had multiple citizenships and could travel easily between countries, the ... Read More »

D-Wave’s $15 million quantum computer runs a staggering 2,000 qubits

For D-Wave, the path to quantum computers being widely accepted is similar to the history of today’s computers. The first chips came more than 30 years ago, and Microsoft’s Basic expanded the software infrastructure around PCs. Quantum computers are a new type of computer that can be significantly faster than today’s PCs. They are still decades away from replacing PCs and ... Read More »

Audi quattro now on 8 million cars

Audi has reached a special milestone of producing the 8 millionth car fitted with its trademark quattro all-wheel-drive system. The milestone car which rolled off from the assembly line of a new San José production facility in Mexico was the Audi Q5. Almost 34 years since its advent, the original Audi Quattro is available in more than 100 model version ... Read More »

Huawei’s phone sales in Latin America hits 10 million milestone

Huawei has revealed that their smartphone sales in Latin America has crossed the 10 million milestone. The revelation was made by the company’s Senior Vice President Yu Chengdong, who also shared a celebratory poster featuring popular football player Lionel Messi. The Chinese company has plans to expand its presence in South America, evident from the fact that the firm has ... Read More »

Sony revises Xperia shipment forecasts for 2016 down to 17 million

Sony’s mobile division started off well – it was making more per phone than any other Android maker. But the company will not reach its 20 million phones shipped forecast – it already cut it once by a million and now by two more. In total, Sony’s forecast is that it will ship 17 million Xperia phones. The blame has ... Read More »

Will world be able to meet 68.8 million teachers demand by 2030? Check more details of UNESCO report here

On the occasion of World Teachers’ Day, the United Nations Education, Science and Cultural Organisation (UNESCO) released a report stating that there is a need to recruit millions of teachers in order to provide quality universal primary and secondary education by 2030, which is the deadline of the UN Sustainable Development Goals (SDGs). The UNESCO Institute for Statistics launched its ... Read More »

UN releases shocking education report of refugees: Over 3.7 million children have no access to schools

Education is one of the main basic human rights and every individual is entitled to be educated. What is education? “Education transforms lives and is at the heart of UNESCO’s mission to build peace, eradicate poverty and drive sustainable development, ” says the website They also mention that education is a human right for all throughout life and that access ... Read More »

Audi produces one million units of the Q5

The one millionth unit of the Audi Q5 has just driven off the production line at Audi’s main plant in Ingolstadt. The jubilee car, an SQ5 in Sepang Blue, is set to be delivered to a family in Germany. The Q5 has been around since 2008 and since then, it’s become one of Audi’s best-selling Q models. The Q5 is ... Read More »