Recent Business News

• US factory activities on a sharp downfall for the first time in six months
US manufacturing units contracted last month, and they have started cutting jobs for their employees. It is estimated by the Institute for Supply Management said that its manufacturing units have dropped to 49.4 in August from 52.6 in July. The report also suggests that they will continue to struggle because business spends less on machinery, computers and other large equipment. One of the surprising factors is that the Auto sales have leveled off this year after breaking all the records in 2015. It is estimated that employment rate is felling to 48.3 which shows the sign that manufacturers are laying down off the workers at a fast rate.
Money Bundles• US anti-dumping decision on Chinese truck and bus tires – Abuse of trade measures
China’s ministry of commerce on this Friday said that the US preliminary anti-dumping rules which are targeting the “Chinese truck and bus tires are an abuse of trade measures.”
On the response of the Chinese Ministry, US commerce department said that the tires of trucks and buses were being dumped in the United States from China and that below the market price, which is becoming a serious threat to the US economy.
Shen said that the United States has continuously imposing anti-dumping measures on the Chinese tire exports since 2007 and these measures are strongly affecting the Chinese customers. So Shen called a negotiated resolution on trade issues.
In response, the US Commerce Department said that that they will settle this negotiation on the anti-dumping measures no later than 17th January 2017 but these preliminary determination means that they will instruct the US Customs and Border protection to deposit the cash deposits by these preliminary rates only.
• Egypt and India shake hands to set up security cooperation
Egypt and India decided together that apart from security cooperation they will join hands to expand trade and commercial ties to explore the untapped economic opportunities in the two countries.
Prime Minister Narender Modi and Egypt President Abdel Fattah al-Sisi had talks covering the entire expenses of the defense and security to deal with the challenges of the terrorism and radicalization. An important agreement named MOU on the maritime shipping between the two countries had also been signed. Prime Minister Narender Modi said that the two countries agreed on the special agenda termed as “action-oriented agenda.”
• Cloud-based Dropbox hacked millions of passwords leaked on the internet
It is estimated that the cloud-based company Dropbox hacked almost more than 67 million passwords that leaked on the internet. In 2012 the company has also warned all of its users that if they use the same password anywhere on the internet, they do have the risk of leaking it online, so to avoid this threat company advice all of its users to change the password to protect their accounts.

• CEO of Apple Inc. said that Apple might repatriate at least $5 billion in 2017
In an interview with Irish radio, Time Crook suggested that Apple may take more than $5 billion of its offshore funds into the United States next year. It is also said that the major giant Apple can credit all the tax it pays in foreign countries against the 35% it must pay to return its offshore profits.
Figures by the company estimated that it had $232 billion in cash at the end of June, and almost more than 214$ was kept outside the US only.
• Samsung notes seven issues over explosive batteries
Samsung Electronics is recalling its Galaxy Note seven smartphones and said that it’s the batteries which cause the problem and catching fires.
South Korean businesses, in contrast, are replacing the versions of the note and giving the new ones in exchange the faulty Galaxy seven note.
The president of the Samsung’s mobile business Koh Dong-jin said that there are very tiny problems in the manufacturing process of the phone which are very difficult to figure out. So replacing with the new one is the only option left with them.
• Pound Jumps as the manufacturing activities rebounds in the UK
Surveys have conducted, and they indicate a major jump in the value of the pound as Uk’s manufacturing sector rebounded strongly in August.
It is shown by the Purchasing Manager’s Index(PMI) because the sector raises to 53.2 from July figure to 48.3 and the figure of more than 50 indicates that the expansion is great for the industries.

Emerging Tech Markets

Digital technology is an essential factor in our daily lives. In the past decade whether its smartphones, cloud computing or multi-touch tablets all these innovative products have revolutionized the way we look and work which ultimately make the world fit into our hands. Thanks to the several years of experimenting and patterns of strange human behaviors, we can simply make interesting predictions that what the world will look like after many decades. You believe it or not we are just getting started and in the future, these technologies will look like wonder as we have seen in the friction movies in our childhood. Innovative companies like Apple, Blackberry, Samsung are announcing day by day technologies that even we cannot think for. Here is the list of few interesting technology markets that will make you wonder: –

• Google Glass
One of the most interesting technology is the Augmented Reality which is in the form of an educational app, but the Google is taking all the major steps to take this technology on a higher note with the Google glass. You can easily do all the activities with the Google map in the fraction of seconds like viewing social media feeds, text, google map simultaneously by navigating with the GPS and take photos as well. This device is costly and available to only some of the developers with a price tag of more than $1400.
• Form 1
Form 1 is a kind of 3D printing technology that helps you to forge your digital design into a solid real life product. It is not new but an advanced mechanical industry technology or in other words your personalized 3D printer which will ultimately boost the market strategy. One of a unique features of this technology is that you do not need any eminent manufacturer to create your product, and you can create your product based on its size and design, so basically you do not need any approval from anyone.
• Oculus Rift
This technology market is a unique entity for the people who wants to play video games in the real world. In other words, Oculus Rift is the 3D headset that makes you feel that you are actually inside the video game. Other features do include high-resolution display by using the ultra-low latency technology. This product is called as the beginning of the next generation gaming and easily available in the market with a price tag of $299.

• Leap Motion
Leap Motion technology is nothing but lets you control; the desktop with your fingers only and that too without touching the screen with your hands. It is not like the motion sensor. Leap motion also allows you to scroll the web page, zoom in the map, sign the documents; you can even play the first shooter games only by using your hands. You can also use this motion with oculus rift technology. This feature will come at a smart price range of $70 with a premium PS3 game.

• Eye tribe technology
One of the most upcoming innovative technology is the eye tribble which is very challenging to implement. Developers have created the technology that will let you control all your devices like tablet, playing fight simulator or playing games like fruit ninja only through the movement of your eyes. It is nothing but a common eye tracking technology which combats with the front facing camera that makes the things happen with the movement of eyes only. These companies currently want to seek the partnerships of sci-fi tech to make this technology too awesome to fail.
• Social purchasing
Years ago Facebook ads offered a kind of social purchasing that increased the demands for profits on the social media. But in the coming years, it is estimated that social media will stand as an innovative technology market that will let to make online money easily and within few days. For instance, by clicking on ads, filling online surveys, solving captcha are becoming popular, and people are earning good amount of money from it these days.

• Live streaming improvements
By introducing live streaming videos on the website, employers are marketing and attracting millions of people on their website which ultimately helping them to make their product famous without spending much more costs in advertisements and marketing. Shortly this technology will give the employers much opportunities to earn the good money.