Category: Sci-Tech

Eight men own half the world’s wealth: Oxfam

(LONDON) Eight men own the same wealth as half the world’s population, a level of inequality which “threatens to pull our societies apart”, Oxfam said on Monday ahead of the World Economic Forum opening in Davos. The wealth of the world’s poorest 3.6 billion people is the equivalent to the combined net worth of six American businessmen, one from Spain and another from Mexico. Picked from Forbes’ billionaires list, they include Microsoft founder Bill Gates, Mark Zuckerberg who co-founded Facebook, and Jeff Bezos, founder of Amazon. Oxfam pointed to a link between the vast gap between rich and poor...

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Seagate to cut more than 2,000 China jobs: reports

15 Jan, Beijing: US hard-disk drive manufacturer Seagate Technology will lay off more than 2,000 Chinese workers as it shutters a factory in eastern China, reports said Saturday, prompting anger among employees. The factory, one of two operated by Seagate in China, is based in Suzhou city in eastern Jiangsu province, and was established in 2004. Factory workers received notice of its impending closure last Saturday, and were told they would lose their jobs in just over a week’s time, state-funded digital news outlet the Paper cited employees as saying. “At the very least, the company should hold a...

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Need to linking IT with development: Minister Karki

12 Jan, Banepa: Minister for Information and Communications, Surendra Kumar Karki, has admitted that Nepal is yet to link information technology with overall development. During a capacity building workshop organized by the Technology Journalists’ Forum at Banepa on Wednesday, Minister Karki urged the journalists to use the science news in message-laden manner rather than sensational way. He further complained that Nepal Telecommunications Authority has been just a means to earn money, for it has failed to contribute to increasing gross domestic products. There has not been any significant achievement on agriculture and livestock, he said, notable activities in IT...

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Dacoits identified and arrested with help of CCTV camera

11 Jan, Sindhuli: A gang of dacoits from Indian state of Bihar were identified with help of CCTV camera in Sindhuli. The armed robbers had broken into a shop of one Sikander Sah at Eknumber Bazaar of Kamalamai Municipality – 6 on January 22 before fleeing. The police arrested Shekh Mohammed Safil aka Sariful Rahman, 52, of Shekhtola area in Sarlahi’s Tribhuvannagar – 7, said Deputy Superintendent of Police (DSP), Subash Chandra Bohara, of District Police Office, Sindhuli. Shekh was arrested from Kathmandu on Tuesday and was brought to District Police Office, Sindhuli for further investigation. The police have...

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Human brain’s face recognition develops into adulthood: studies

7 Jan, Washington: The part of the human brain that is involved in face recognition keeps developing into adulthood, a pair of new studies found, surprising scientists who thought brain tissue growth stopped in early childhood. Researchers led by Kalanit Grill-Spector, a psychology professor at Stanford University, examined the brains of children and adults using a new type of imaging technique, focusing on an area of the cerebral cortex that plays a key role in face recognition. In a study published in Cerebral Cortex, the researchers showed that regions of the brain that recognize faces have a unique cellular...

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Samsung to invest additional 2.5 bln USD in northern Vietnam

5 Jan, Hanot: Samsung Display Vietnam has just announced that it will invest an additional 2.5 billion U.S. dollars in Vietnam’s northern Bac Ninh province. The disbursement will be conducted in five years’ time from 2018, bringing the total investment on display production of the South Korean manufacturer into Bac Ninh, some 30 km north of capital Hanoi, to 6.5 billion U.S. dollars, reported Bao Dau Tu (Vietnam Investment Review) online newspaper on Thursday. With Samsung’s investment scale expansion, Bac Ninh authorities has proposed Vietnamese government to allow Samsung Display Vietnam to be entitled to three more years with...

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“World’s Highest Bridge” Opens in China Over 1,850-Foot Gorge (Video)

A bridge in China suspended over a 1,854-foot gorge became the “world’s highest” when it opened to automotive traffic Thursday, reports said. The Beipanjiang Bridge took three years to build, cost more than $146.7 million dollars, and stretches to be 4,396 feet long. Its four-lane roadway sits nearly two thousand feet over the Beipan River, which it’s named after, to connect the Yunnan and Guizhou provinces in southwest China, People’s Daily Online reported. It surpassed the 1,837-foot-tall Sidu River Bridge for its world record title. We know what you’re thinking: $146.7 million is cheap! And it is! After all,...

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Feasibility study of automated parking lot begins

30 Dec, Kathmandu: A feasibility study on construction of automated parking lot capacious for 400 cars has begun in the New Road area. A five-storey building housing the parking lot will be built in the land belonging to the Kathmandu Metropolitan City near Pipalbot at the estimated cost of around Rs 1 billion, said Spokesperson of the Office of the Kathmandu Metropolitan City (KMC), Gyanendra Karki. One should get a card for parking and after pressing a button on a wall, the vehicle will be allowed parking in an open space or a chosen area. Elevator will be used...

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China unveils plan to become a Top 3 aerospace power by 2030

28 Dec, Beijing: China’s ambitions for its space program include a soft landing on the moon, a probe to Mars and private foreign investment, a report issued Tuesday says. The five-year plan was released by Beijing’s State Council Information Office and stresses that China is committed to peaceful uses of space and seeks to avoid a space arms race. While the United States and Russia have historically dominated space research and exploration, China’s military-backed space program landed a roving vehicle on the moon in 2013 and in November two Chinese astronauts concluded a 30-day mission aboard the country’s own...

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Natural phenomenon or proof of alien existence on Red Planet?

14 Dec, WASHINGTON (Xinhua) – Three tall “towers” standing in a perfect straight line on our neighboring planet Mars in a recent image are claimed by some UFO and alien enthusiasts as clear evidence that highly intelligent beings exist there. According to the author of a video clip posted on YouTube channel called Mundodesconocido, the image shows three “towers” about 4.8 km tall are arranged neatly in a perfect straight line. The author believes it is no coincidence, especially as the supposed towers seem to show signs of advanced technology.The clip also includes 3D renderings of the towers in addition...

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