October 2018

IBM

IBM is expecting to create enormous value for Big Blue with its newly acquired software company Red Hat. In an interview with CNBC on Monday, IBM Chairman and CEO Ginni Rometty said that the acquisition of Red Hat in a deal valued at $34 billion is the third largest technology deal in the U.S. history. Red Hat President and CEO Jim Whitehurst also joined the interview, whose company specializes in the

Artificial Fly Brain

Drosophila melanogaster or fruit flies can reliably distinguish individuals through their sight, despite having a simple visual system. In a recent study, researchers have developed a Artificial Fly Brain and neural network that replicates the visual system of fruit flies to differentiate and re-identify the flies. It also provides an evidence that vision of a fruit fly is clearer than previously predicted. According to the researchers, the new study will

Consciousness

Psychedelic drugs including LSD are highly impactful on human consciousness, especially perception. A research team at University of Zurich and Yale have discovered how the perception of human brain alters under the influence of such drugs. According to the researchers, LSD stimulates a particular receptor known as ‘serotonin-2A or 5HT2A receptor’ responsible for the changes in perception. As reported in journal eLife, stimulation of the receptor influence the process of

Red Hat

In order to expand its consulting business and technology hardware to higher-margins products and services, IBM Corp has agreed to acquire American software company Red Hat for $34 billion, including debt. On Sunday, the two companies released a joint statement, revealing that IBM will pay $190 in cash for each share of Red Hat. As reported in Reuters, IBM has a market capitalization of $114 billion and new transaction is by

Amazon Sales

Despite record profits close to $3 billion for the last three months, Amazon sales and sink to 8 percent in after-hours trading on Thursday. The world’s largest online retailer had crossed analyst expectation on earnings per share but missed on revenue estimates, which is projected to be slowest in years. According to analysts, while the online competition was rising, Amazon sales and international results were disappointing and the third-quarter sales failed

Algorithm Translation

While believers often turn to scriptures in hordes for solace and spiritual guidance, researchers at Dartmouth College have found that Bible could do beyond just that. The holy book can even help them better computer-based text Algorithm Translation. The Bible is home to enormous amount of data and algorithms excel when they get more data to train upon. By using the data in the Bible, the research team developed an

Memory-steel

Concrete experts have developed a new building material Memory-steel that can be used to reinforce new as well as existing concrete structures. In the construction of concrete structures, steel reinforcements are generally prestressed hydraulically which requires oil-filed hydraulic jacks, anchors for force transfer, and ducts to guide the tension cables. These apparatus need specific spaces which created the geometric framework conditions for every prestressed concrete structures. The proven method, however,

Shrink Ray

In a recent study, published in journal of the American Chemical Society, scientists have developed an innovative device that can alter the shape and size of a block of gel-like material on which bacterial or human cells were growing. According to researchers at the University of Texas at Austin who have created the new shrink ray, it could be promising for scientists to understand the ways to grow replacement tissues

Genetic Barcoding

Scientist from Icahn School of Medicine have been able to simultaneously evaluate the functions of hundreds of genes with resolution reaching single-cell level using a newly developed novel Genetic Barcoding technology. The study, featured in the recent issue of journal Cell, describes the new technology that relies on barcoding approach using a specific protein. Although the sequencing of human genome was pioneered by scientists in the early 2000s, revealing a

Carbon Fibers

A new study has demonstrated the capability of carbon fibers to function as battery electrodes that can directly store electrical energy. According to the researchers from Chalmers University of Technology, Sweden, this discovery could create new opportunities for structural batteries where carbon fiber becomes an integral part of the energy system. Further, multifunctional material like carbon fiber is used in many vehicles to make them stronger and lighter which could