Project Scarlett & PlayStation 5 may develop few advanced features

Project Scarlett & PlayStation 5 may develop few advanced features

The Project Scarlett and PS5 might collaborate for share hardware, which is required to create new features. Under the deal, the customer would get a better experience through the new interface. This new product will be loaded with various features that are not incorporated by any company previously, such as virtual assistants. Virtual assistant feature is mainly focused on providing a high end experience to its user, which might be same as the Xbox. In September 2019, Play Station incorporated Artificial Intelligence (AI) feature by which gamer can get answer…

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Jeremy Powell Said Fed Is Looking Forward To Achieving 2% Inflation Rate Goal

Jeremy Powell Said Fed Is Looking Forward To Achieving 2% Inflation Rate Goal

Federal reserves have the responsibility of maintaining the inflation rate when the economy is booming, and Jeremy Powell is likely going to do it. Recently when asked about the Fed’s decision on the current economic situation Jeremy Powell the chairman of the Fed, said that they are looking forward to maintaining the goal of the inflation rate at two percent. Feds have previously cut the rate of interest when the country’s on the verge of facing another great recession. However, reports are in favor of the economy; everyone is expecting…

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Kohl’s Makeover not working for Investors

Kohl’s Makeover not working for Investors

Kohl’s inventive strategy to charm customers into its stores has earned the firm’s praise and Wall Street support. But the shopper went to other places, and the investors have started losing confidence in the firm. The company said on Tuesday that in their new quarter, sales of stores that had been open for at least a year had increased by nearly 0.5%. Compared with the same period last year, Kohl’s profit in the quarter fell by 24%, and the retailer lowered its prospects during the holiday shopping period. This is…

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Apple Owns Half Of Smartwatch Market In World

Apple Owns Half Of Smartwatch Market In World

The US based tech company Apple is back in the business. The company recently witnessed record-breaking sales of its just launched iPhone 11 series. Now, the iPhone maker has taken a new leap in the smartwatch industry. It has successfully retained its top rank in the global smartwatch market with an impressive rise in the sale. Market research firm Strategy Analytics said that Apple Watch shipments grew remarkably in the third quarter of the current fiscal. The company shipped 6.8 million units in this period. This figure is 51 percent…

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Amazon CEO Jeff Bezos Loses His Crown As World’s Richest Person

Amazon CEO Jeff Bezos Loses His Crown As World’s Richest Person

Amazon founder and Chief Executive Officer Jeff Bezos is no longer the world’s richest person after Amazon.com Inc. stock tumbled on Thursday. He has lost the title to Microsoft Corporation cofounder and fellow Washington state resident Bill Gates. His current fortune is worth USD 105.7 billion. Bezos lost the crown after shares of the biggest online retailer dropped 8.1 percent to USD 1,637 in extended trading at around 4.24 pm in New York. The new price of Amazon shares has brought the fortune of Bezos to USD 102.8 billion. Almost…

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After 15 months-long trade war, US and China trade talks to resume again

After 15 months-long trade war, US and China trade talks to resume again

US and China major trade negotiators are scheduled to meet on Thursday to figure out an option to end the 15-month dispute, as new spurs between the two world’s largest economies threaten people’s hope for improvement. Liu He, the Chinese Vice Premier, US Trade Representative Robert Lighthizer, and Treasury Secretary Steven Mnuchin, will seek to narrow their differences to avoid the US$ 250 billion worth of China Goods tariff originally scheduled for October 15. Which is about human rights violations of Muslim minority groups in China’s Xinjiang province. But the…

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Verizon Acquires Software and Technology of Augmented Reality Startup Jaunt XR

Verizon Acquires Software and Technology of Augmented Reality Startup Jaunt XR

Jaunt XR, an AR start-up, has announced the acquisition of its assets. Reportedly, Verizon has purchased all software and technology along with some other properties of Jaunt. Remarkably, the announcement does not reveal whether Verizon is procuring the augmented reality startup. Even more, it is unclear whether the company will keep functioning separately. Thus the exact terms of the deal remain mysterious. As a part of the bid, Verizon will be the owner of Jaunt’s technology and software. Mitzi Reaugh, Jaunt’s CEO, said they are excited with the acquisition deal…

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In NY Unvaccinated Kids Will Not be permitted in school

In NY Unvaccinated Kids Will Not be permitted in school

New York state has become the United States fifth state which prohibited all nonmedical exemptions to vaccines. A new law passed on June 13, after the outbreaks of measles in one of the harshest states on vaccination in the country. On the occasion of school opening and the first day for the students in New York, the implementation of new law of vaccination has created chaos by anti-vaccination activists. According to the new law of vaccination, around 26,000 students have to start receiving vaccination within the first two weeks of…

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