A bright note for a local auto industry that is struggling to survive amid Venezuela’s deep economic recession was marked when Toyota Motor Corp on Wednesday unveiled a new model of its Corolla vehicle that will be assembled in the country. Toyota said it expects to raise production in 2018 and the company was currently…
Singapore’s regulator has said in an interview to a television channel that before deciding on whether to commercialize the trial on blockchain technology and its own digital currency, the country plans to conclude its experiment with both the technological aspects next year. “Project Ubin” – an exploration of blockchain or distributed ledger technology, was announced…
Work is accelerating to deliver the world’s next major mines to feed soaring demand from electric vehicle battery makers, at a small patch of northern Australia’s iron-ore rich outback – the Ground Zero in the global scramble for lithium. According to CRU Group, the top supplier of lithium will be able to cement its grip on the market as…
Graphics chip makers, including AMD and Nvidia, are well placed to cater to the growing demand for smart devices, including fully automated cars. On Thursday, Jensen Huang, the CEO of Nvidia Corp said it sees artificial intelligence enabling fully automated cars to hit the consumer market within the next four years. A prominent brand in…
Among Western Digital concerns for blocking Toshiba’s NAND memory sale was that its direct competitors, Seagate Technologies and SK Hynix will gain access to proprietary information from the acquisition. Here is how these concerns have been addressed by Bain Capital. As per a documents from Bain Capital LP, the leader of the group that is…
Later today, GE and Microsoft are set to announce a deepening of their partnership revolving around GE’s industrial internet platform and Microsoft’s Azure cloud platform. As a result, GE will be in a better position to tap the vast majority of industries who use Microsoft’s software. A senior executive from GE has disclosed that…
With the Tokyo Motor Show opening to the media on Wednesday, Nissan Motor Co said the response to its new Leaf EV has been overwhelming in Japan. On Wednesday, a senior executive of Nissan Motor Co stated, the company has received more than 9,000 orders for its new Leaf electric-vehicle (EV) model in Japan. As…
Toyota believes hydrogen powered fuel cells technology is cleaner than its current alternative electric battery powered technology. Toyota Motor Corp has stated despite its “game changer” solid-state battery technology, currently under development, it will not give up on its hydrogen-powered fuel-cell vehicles. Toyota has invested for fuel-cell battery technology vehicles and plug-in hybrids since many…
In a deal that is expected to boost Cisco’s collaboration tools and help the company diversify its offerings away from switching and routing, on Monday, Cisco Systems Inc said that it will buy software company BroadSoft Inc for $1.71 billion. Shareholders of BroadSoft were given a premium of 2 percent to last Friday’s closing share…
Cementing China’s ruling Communist Party President Xi Jinping’s power ahead of a new top leadership line-up and placing him in the same company as the founder of modern China, Mao Zedong, the Communist Party enshrined his political thought into its constitution on Tuesday. Identifying them as one of its guiding principles at the end of its…
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