Showing posts with label Technology. Show all posts
Showing posts with label Technology. Show all posts

Monday, August 3, 2015

Samsung Creates Fund For Cancer Stricken Workers

Samsung Electronics Co Ltd said it will create a 100 billion won ($85.8 million) fund to compensate workers plagued with cancer and their families. Aside from compensation Samsung also plans on using the funds to prevent such diseases at its chip and display factories. The South Korean activist group Sharps says they’re aware of around 200 workers who’ve fallen ill after working at a Samsung plant and about 70 of them have died. This proposal stems from negotiations between the South Korean firm, workers and their families, and outside experts over the company’s responsibility for the workers who attribute the illnesses to prolonged exposure to radiation or dangerous chemicals used in Samsung’s factories.

Source: Reuters

Tuesday, June 23, 2015

17 Year Old Invents VetiGel, A Product That Heals Wounds In Seconds


Originally invented when he was 17 out of his grandfathers lab, the now 22 Joe Landolina, has invented an algae-based polymer that when injected into an open, gushing, wound will stop bleeding within seconds and heal the wound in a few minutes. This is the product of VetiGel which is both a strong adhesive to hold the wound together and gives the building blocks for the body to produce fibrin, the protein that helps repair tissue long term, says creator Landolina. Landolina is now the cofounder and CEO of Suneris, a biotech company that creates the gel, and the company is beginning to ship to veterinarians later this summer and humans will soon be using this gel, first in the military, then in operating rooms and then in households. 

Source: Business Insider

Wednesday, June 17, 2015

Twitter Co-Founder Jack Dorsey to Replace as Interim CEO

After six years, Twitter CEO Dick Costolo will be leaving the company due to concerns over the company's performance. Co-Founder Jack Dorsey will replace him as the interim CEO until a replacement is found.

Source: The Verge

Tuesday, June 9, 2015

General Electric To Go Back To Their Roots

General Electric is making an effort to step away from banking and focus on their industrial roots by agreeing to sell the bulk of a division that finances leveraged buyouts to the Canada Pension Plan Investment Board in a $12 billion deal.“This announcement is the next step in G.E.’s transformation to a more focused industrial company,” said Keith S. Sherin, GE Capital’s chairman and chief executive.

Source: NY Times

Friday, June 5, 2015

Robotics Aid In Giving Hand Motor Deficient Independence



Individuals with limited or total loss of hand motor abilities may soon attain advanced prosthetics to perform everyday tasks with ease. Robotics expert Conor Walsh and a team of engineers at the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) and Wyss Institute for Biologically Inspired Engineering have developed a soft robotic glove that could aid those suffering from loss of motor control to regain some of their independence.

Source: Phys

Tuesday, June 2, 2015

Google Announces Singapore Expansion




Great news for internet users located in AsiaGoogle has announced its new data center in Singapore will add another multilevel data center right next door. The Singapore center is projected to be completed in two years. Google is strengthening its server capabilities around the world, particularly with its $600 million center in Oregon, but the rise in mobile internet in Asia has made this expansion particularly important.

Source: TechCrunch