In a significant development, Deutsche Bahn and Siemens Mobility have started developing hydrogen-powered fuel cell trains as well as filling station; trials for the same will commence in 2024. In time these will replace diesel powered train engines on Germany’s local rail networks. A prototype, which will be built by Siemens, will be based on…
On Friday, Astanor Ventures, a backer French insect breeder Ynsect as well as Germany’s vertical farmer InFarm stated, it had raised a $325 million fund to invest in sustainable agriculture, food, and ocean technology startups. The new fund will back ventures that seek to make the food supply more resilient to climate change and attempt…
In a significant move, French Finance Minister Bruno Le Maire said, the European Union should press ahead with plans for a digital tax in the bloc. The call comes at a time when the OECD is weighing options which include the rewriting of international tax rules. On Wednesday, G20 finance ministers have lent their support…
According to two sources close to the matter at hand, telecom operators Orange Belgium and Proximus plan on replacing Huawei’s mobile equipment in Belgium and Luxembourg with Nokia equivalent. The development comes with growing recognition of U.S. accusations that Huawei’s telecom gear could be used for economic and military espionage purposes by Beijing. Both Nokia…
In a defining moment for SpaceX, Elon Musk’s space venture has won a $149 million contract to build missile-tracking satellites for the Pentagon, said the U.S. Space Development Agency (SDA) in a statement on Monday. The development marks SpaceX’s first government contract to build satellites. Known for its reusable rockets and astronaut capsules, SpaceX is…
The first person to receive the Covid-19 vaccine in the United States could get it as soon as December 11, according to the White House. An application to the US Food and Drug Administration for emergency use authorisation for its Covid-19 vaccine candidate was submitted by the US pharmaceutical giant Pfizer and its German partner…
Misinformation and conspiracy theories around Covid-19 vaccinations will not attempted to ne dispelled by tech companies including Facebook, Twitter and Google together with governments including the United Kingdom and Canada. Standards for tackling misinformation across the various digital platforms and how organizations accountable for their failure to do so can be held responsible is being…
Despite their victories in recent years, one persistent idea about cooperatives is that they struggle to grow profitably, being forced to make a choice between maintaining local value commitments and the pursuit of international development. It is possible that this choice could either lead to the detriment of a cooperative’s competitiveness, or a move away…
In a statement, social media giants, Facebook Inc and Twitter Inc said, they will transfer control of the @POTUS account to the Joe Biden administration on January 20, 2020. On both social media platforms, the @POTUS account is the official account of the President of the United States and is separate from the @realDonaldTrump Twitter…
Facebook has been criticised by iPhone maker Apple for trying to “collect as much data as possible” from users. Despite objections from the advertising industry, Apple will march ahead with its plans for launching of a new privacy feature, the iPhone maker said. This criticism was made in a letter to a coalition of privacy…
Despite the United States based aircraft maker Boeing is close to getting back into the air its grounded 737 Max planes, there are a host of other challenges awaiting the company in the critical aviation market of China. There has yet been no word from the Civil Aviation Administration of China (CAAC) about allowing a…
Following the approval to flu in the skies again to Boeing’s 737 Max passenger jetliner planes by the regulators in the United States, the same is set to be done by regulators in Europe in January. The planes have been grounded for 20 months now after two deadly crashes involving the planes in which 346…
Hundreds of companies from the United States and Europe will be forced to cut down on their greenhouse gas emissions according to the plans of the British billionaire and investor Chris Hohn. Hohn aims to achieve this by enlisting global investors and together demand an annual vote by companies at annual shareholder meetings related to…
In relation to its controversial previous practices of intentionally slowing down older iPhones to extend their battery life, Apple has agreed to pay millions of dollars in damages to to 34 states in the United States. Under the agreement struck by Apple, the iPhone has to pay $113 million for the settlement of an investigation…
In a significant development, a group representing Volkswagen AG, General Motors Co, and Toyota Motor Corp and other major carmakers filed a lawsuit to block the state of Massachusetts’ ballot initiative that aims to significantly expand the access to vehicle data. Earlier this month, Massachusetts overwhelmingly approved the initiative to revise the state’s 2013 “Right…
