Xiaomi Corp.’s valuation could more than double to $100 billion, spurred by its latest financing round, according to investor Yuri Milner. China’s largest smartphone vendor has the same potential as Facebook Inc. and Alibaba Group Holding Ltd. (BABA) to reach that valuation, said the billionaire Milner, an early investor in all three companies. Xiaomi today …
President Vladimir Putin says Russia will continue its ambitious military modernization program with a particular emphasis on nuclear strategic forces. Putin said the military is set to receive 50 new intercontinental ballistic missiles — a significantly higher number than in previous years. As of March 2013, Russia had a military stockpile of approximately 4,300 nuclear …
A paper shows that the failure to describe modern economies adequately is not due to the introduction of calculus into economic theory by the so-called ‘marginal revolution’ during the second half of the 19th century, when the mathematical formalism of physics decisively influenced economic theory. Rather, the culprit is the disregard of the first two …
China could soon target the United States with sea-based nuclear weapons as it is reinforcing its submarines with long-range nuclear ballistic missiles, a US congressional report has found. China’s military is set to acquire a reliable, hard-to-destroy sea-based nuclear deterrent, with a dozen JL-2 missiles that are being mounted on its JIN class submarines, according …
The Carnival of Nuclear Energy 241 is up at Hiroshima Syndrome Nuke Power Talk – The comment period for the Environmental Protection Agency (EPA) proposed rule to reduce carbon emissions closed December 1, and since then news reports on the comments filed by various groups have continued to trickle in. Although the next step now …
Traffic congestion can be reduced if people reduce their speed when an obstruction is predicted further down the road. Yet figuring out what the ideal speed is at any given time to maximize flow is a hard nut to crack. For his master’ss graduation in computer science project (EEMCS faculty) Walraven did just that. He …
Researchers from Delft University of Technology studied how decoherence could be measured in mechanical resonators, basically tiny vibrating strings made from carbon nanotubes, and found that the processes of decoherence in a vibrating nanotube can be thought of in a very similar way as the decoherence of a quantum bit. Using this similarity, you can …
Researchers have developed the first three dimensional metamaterials by combining physico-chemical formulation and microfluidics technology. This is a new generation of soft metamaterials that are easier to shape. In their experiment, the researchers got ultrasonic oscillations to move backwards while the energy carried by the wave moved forwards. Their work opens up new prospects, especially …
DARPA’s Extreme Accuracy Tasked Ordnance (EXACTO) program conducted the first successful live-fire tests demonstrating in-flight guidance of .50-caliber bullets in the spring of 2014. This video shows EXACTO rounds maneuvering in flight to hit targets that are offset from where the sniper rifle is initially aimed. EXACTO’s specially designed ammunition and real-time optical guidance system …
hina Cwill broaden the definition of a deposit in 2015, boosting the lending capacity of Chinese banks that have to cap loans at 75 percent of funds held. The relaxation, reported by the official Xinhua News Agency yesterday, could make an additional 5 trillion yuan ($800 billion) to 5.5 trillion yuan available, according to analysts …
Jia Yueting, chairman and founder of Leshi Internet Information and Technology (Beijing) Co. [Jia net worth about $2.3 billion], said at the beginning of December, 2014 that the maker of Web-enabled televisions has spent the past year developing an electric car and will seek a license to manufacture them in China. Leshi will bank on …