#BankOfMontreal has agreed to buy #GE Capital’s transportation finance unit, boosting the Canadian lender’s U.S. commercial banking business and adding one more Canadian name to the list of buyers for GE Capital’s assets.
“Given our strong capital position, we had the flexibility to take advantage of this unique opportunity to grow our commercial customer base,” said Bill Downe, BMO’s chief executive officer.
Read more at: http://www.theglobeandmail.com/report-on-business/bmo-to-acquire-ge-transport-finance-unit/article26316588/
#TeslaMotors wants to win the #EnergyStorage war — but one of the biggest energy storage players is gearing up for battle, and it’s not clear who will come out ahead. Here’s what you need to know.
Big G Is Back
#GeneralElectric Company recently announced that it’s getting back into the energy storage game. After a strong start in 2009 and the grand opening of a $170 million production factory in 2011, GE nearly threw in the towel earlier this year.
Read more at: http://www.fool.com/investing/general/2015/09/10/move-over-tesla-whos-winning-energy-storage.aspx
#BHPBilliton Ltd plans to spend millions of dollars in a venture with a #Canadian power company to promote #CarbonCapture technology to help shore up coal demand.
BHP, the top global miner and biggest exporter of coal used in steel plants, and Canada’s #SaskPower said on Thursday they planned to set up a center to support research and cut the costs and risks facing new carbon capture and storage (CCS) projects worldwide.
Read more at: http://ca.reuters.com/article/businessNews/idCAKCN0RA21820150910
Innovate #UK and the #EngineeringAndPhysicalSciencesResearchCouncil, #EPSRC, are seeking to stimulate exploitation of the high-performance material Graphene by investing £2.5 million in feasibility studies.
Businesses can apply for a share of the money to carry out studies into the use of graphene or other related two-dimensional carbon-based materials in specific industrial applications.
Read more at: https://www.gov.uk/government/news/commercial-use-of-graphene-apply-for-business-funding
For the world of power #Electronics the next big thing is #SiliconCarbide (SiC). Silicon-based #Chips are currently used to manage power in everything from portable electronics to industrial-scale equipment. Silicon-based chips are the workhorse of the industry. The technology is familiar and the chips are readily available. A decade of work and a keen eye for the future have enabled scientists at #GEGlobalResearch to introduce the first industrially ready #SiC devices to the world. These devices operate at higher frequencies and temperatures and convert electric power at higher efficiencies. Additionally, SiC-based devices manage the same level of power at half the size, enabling dramatic increases in power density and reliability.
Read more at: http://www.geglobalresearch.com/impact/the-building-blocks-of-silicon-carbide-a-rising-star
The #Smartphones launched this year have all been replete with new features – faster processing, big screens, super cameras, huge memory, elegant casings, etc. But ’till now, none of the handset manufacturers have come up with a #Battery that carries on for even two days with normal usage. Any company that brings out a device with a seriously longer lasting battery will have leapt much ahead of its competitors.
#Samsung seems to be doing some research on extending battery life and has reportedly spent around $13.8 billion on research and development last year. This investment was justified when in June this year, researchers and scientists at the #SAIT – #Samsung’sAdvancedInstituteOfTechnology – found a way to prolong the life of the standard #LithiumIonBatteries by using the combination of #Graphene and #Silicon. If this research is integrated into the handsets soon enough, it is possible for the Samsung #Galaxy #S7 to be launched with this 5-day battery.
Read more at: http://www.graphene.eu/en/news/page_1/2015/09/09/596/samsung-graphene-batterie-revolution.php
#MIT Technology Review: #Tennis fans who watch the #USOpen in person or around the world on TVs, PCs or smartphones might not be aware of all the sophisticated technology behind the two-week professional tennis event. Since 1990, #IBM has worked with the United States Tennis Association or #USTA to provide a richer technology experience for millions who visit the US Open’s digital platforms worldwide – as well as the media, coaches and players. This year we’re using the latest in #Cloud, #DataAnalytics, #Mobile and #SocialTechnology for an even better fan experience, which tennis fans demand, year-after-year.
Read more at: http://www.technologyreview.com/
#MIT has invented a new web-based software that makes it much simpler for users to make modifications to 3D models they would like to print out on #3DPrinters. The software has the ability to cut down CAD geometry calculations from hours down to minutes.
Read more at: http://www.ibtimes.co.uk/mit-simplifies-3d-printing-by-making-it-easier-modify-3d-models-1518781
Commodities trading firm #Glencore Plc on Monday said it is set to announce fresh plans to cut its $30 billion in net debt, as it called a trading halt on its #HongKong shares.
Read more at: http://www.reuters.com/article/2015/09/07/glencore-debt-idUSL4N11D0QN20150907
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