Analysts at IHS Markit see global autonomous vehicle sale touching 33 million units ub 2040, while Goldman Sachs has predicted that the ride-hailing market will grow 800% by 2030 and be five times the size of the current taxi market. In a strategic development, Nissan Motor Co has taken the first steps towards becoming an…
The timing for deploying 5G technology is set to top the agenda at the Mobile World Congress, set to take place in Barcelona next week. The telecom industry is counting on the new technology to trigger growth in equipment sales and mobile services.
Blockchain technology that drives bitcoin and other cryptocurrencies would be jointly promoted by India and Canada as the two countries set up links to do so. The opportunity of putting to use the blockchain technology in government services and academic institutions as well as in business will be explored by researchers in Canada who are…
For people who wants to peacefully assemble and express their voice, Hong Kong is not the right place. According too the latest report by Amnesty International, that right of citizens is under threat there and is an indication that the human rights situation is worsening in Hong Kong. A hard line against protesters and activists…
This updated guidance addresses concerns on how and when public companies should disclose their cyber security risks and breaches. In a development that will significant impact tech firms, the U.S. Securities and Exchange Commission has updated its guidance to public companies on how and when they should disclose cyber security risks and breaches, including known…
Apple wants to ensure that it is able to lay its hands on enough supplies of cobalt – the key ingredient for batteries and this has forced the tech company to engage in discussion for purchasing long-term supplies of cobalt. The company wants to purchase the metal directly from the mines for the first time.…
The on-device AI-enabled user experiences on some specific Qualcomm Snapdragon mobile platforms would be enhanced as Qualcomm Technologies has launched its Qualcomm Artificial Intelligence (AI) Engine. This engine is composed of a number of hardware and software components to enhance user experience. The Snapdragon 845 mobile platforms would have the cutting-edge on-device AI processing while…
The conviction on charges of bribery for the chairman of South Korea’s Lotte Group last week has resulted in the chairman resigning from the post of chief executive of its Japan-based holding company. The Lotte Group said in a statement that chief executive Shin Dong-bin’s resignation was accepted by the board of Lotte Holdings after…
After disappointing reports for online sales figures during the Christmas period by Walmart, the stocks of the company saw their largest drop in over three decades. Even though there was an increase of 23 per cent in the online sales in the three months to December compared to the earlier quarter, the figure was less…
A revival plan that will be worth $2.8 billion in fresh investments and planned to be implemented through a period of ten years has bene proposed by General Motors for the turnaround of its loss-making business operations in South Korea. This was reported in Sought Korean media citing information gathered from a government official there.…
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