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Intel-Basis-072117.jpg Intel Corp. has completely shut down its wearables division about two weeks ago, CNBC reported, citing a person familiar with the matter. The company reportedly intends to focus on augmented reality. According to the CNBC report, Intel laid off about 80 percent of the team that made the Basis fitness watch in November 2016 and has now eliminated the division entirely.

Nauto-071917.jpg Nauto, a self-driving start up company, got an additional series B funding of $159 million. Greylock Partners, SoftBank were leading the funding.

sony-vinylrecords-070317.jpg It is a nostalgia for several music lovers to see and experience new vinyl albums from Sony, after a long gap of 30 years. The discarded media is finding a new lease of life these days and might be creating a new wave in the future.

ElonMusk-062917.jpg Tesla's Elon Musk was adjudged the most cautious CEO by Watson supercomputer of IBM. Cisco's Chuck Robbins, Microsoft's Satya Nadella, and Oracle's Larry Ellison are the other toppers in the list.

Apple-Hertz-062617.jpg Apple and Hertz Global Holdings Inc. will work hand in hand to develop self driving vehicles. Bloomberg reported that Apple will hand over six Lexus SUVs to Hertz subsidiary Donlen fleet management unit for software testing. The leasing agreement between Apple and Hertz for a small fleet of vehicles was revealed by the California Department of Motor vehicles. The document listed Donlen as the le

Nintendo-SNES-062717.jpg Japanese game maker Nintendo announced its plans to launch Super NES Classic Edition, the standalone mini console, which will feature 21 pre-installed classic games. The Mini 16-Bit System is expected to hit the stores on September 29 for $79.99.

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