Apple acquires sleep-tracking device maker Beddit
Cupertino-based tech giant Apple Inc. has acquired a Finnish company called Beddit, which makes sleep-tracking devices that work with iOS apps as well as the Apple Watch.
The Finnish firm’s latest product is the $149 Beddit 3 Sleep Monitor, which is a sensor-equipped strip under a bed sheet to track nocturnal movements via a technique known as ballistocardiography.
Sleep-tracking is a significant logical area for the Cupertino firm to move into, and it has already shown its keen interest in Beddit’s technology by selling its sleep-tracking devices in its stores.
According to the Centers for Disease Control & Prevention (CDC), as many as 70 million adults in the United States have sleep or wakefulness disorders.
The People’s Party (ÖVP) has won the parliamentary elections and 31-year-old leader Sebastian Kurz would be the youngest national leader in Europe. Kurz will be having a tough task of dealing with European leadership.
IBM is using blockchain for improving speed and security for cross-border transactions. The solution offered by IBM is focused on banking sector.
Tesla Motors has fired hundreds of employees after annual performance review. The company confirmed the move but the management hasn’t mentioned the exact number of employees fired during the current performance review.
Tesla Motors has announced recall of 11,000 Model X vehicles to fix a seat cable issue. The voluntary recall involves Model X SUVs manufactured between October 28, 2016 and August 16, 2017.
Norway is planning to add additional tax burden on consumers planning to buy electric cars.
German government has raised the growth outlook for 2017 to two percent from earlier estimate of 1.5 percent. The growth outlook for 2018 has been raised to1.9 percent from earlier estimate of 1.6 percent.