Chinese ride-hailing giant Didi Chuxing is holding talks about an initial public offering (IPO) where it would be valued at $70-80 billion. (The Wall Street Journal reported) Didi Chuxing was last valued at more than $50 billion in December, after raising $4 billion from investors including Japanese conglomerate SoftBank. Didi Chuxing could go public as …
Michael D. West 2018 Presentation at The World Stem Cell Summit on “Stem Cell Innovations That Will Change the World” Michael D. West, Ph.D., CEO of AgeX Therapeutics, discusses the medical regeneration revolution by looking back at how advances in recombinant DNA and monoclonal antibodies helped usher in new products that improved the quality of …
New mass produced metamaterial was developed by a research team at the State Key Laboratory of Millimetre Waves in Southeast University in Nanjing, Jiangsu province. It was being tested on aircraft at a major military aircraft production base in Shenyang, Liaoning province, a researcher in the laboratory confirmed. Shenyang Aircraft Corporation, a subsidiary of the …
The ProBar was developed out of the necessity to help people move again. Training strength, speed and endurance are all important factors in health and fitness, but mobility is the crux. Open hips will make a runner faster; a full range of motion will make a golfer’s drive longer. Without mobility, athletes can’t maximize their …
Foxconn and Tesla have been targeting extreme automation plans. Both have had to cut back plans for full automation and adding robotics to replace people by many years. Foxconn will be raising $4.3 billion to boost their automation efforts that will still be over decade behind original plans. This means that regular companies with far …
There is a 50-page transcript and report on Advance Policy Questions for Admiral Philip Davidson, USN Expected Nominee for Commander, U.S. Pacific Command. The Commander, U.S. Pacific Command is responsible for deterring attacks against the United States and its territories, possessions, and bases, to protect Americans and American interests and, in the event that deterrence …
A natural 100 meter tsunami would be devastating but would a less energetic nuclear bomb enabled 100 meter tsunami fade out within a mile of the shoreline? The 2011 tsunami in Japan released about 9,320,000 megatons (MT) of TNT energy. It had maximum height of 39 meters. Greg Spriggs, a nuclear-weapons physicist at Lawrence Livermore …
Lockheed Martin is proposing to offer Japan a stealth fighter that combines the designs of the F-35 Lighting II and the export-banned F-22 Raptor. Japan is hoping to introduce an air superiority fighter sometime after 2030, to counter new stealth fighters from China and Russia. Japan has a $40 billion stealth fighter program. The F22 …
China is developing new drones that will allow synchronized operations between UAVs and military aircraft, and carrier-based UAVs are also being developed. Shi Wen, chief engineer and designer of China Aerospace Science and Technology Corp (CASC) Caihong (CH) and his team developed a series of UAVs, including the CH-3, CH-4 and the advanced CH-5, which …
Stainless steel composite metal foam can replace rolled homogeneous steel armor with the same protection for one-third of the weight. According to the material’s inventor the material would make a great bumper, as the sponginess of the metal foam soaks up impact energy. Raibei claims that for a passenger sitting in a car outfitted with …
China’s GDP for the first quarter of 2018 was 19.88 trillion yuan. This was 10.5% more than the first quarter of 2017 (18.03 trillion yuan). The exchange rate is 6.32 yuan per US dollar. The exchange has been in the range of 6.25 to 6.35 for most of 2018. The inflation rate is 1.5 to …