On Wednesday, in a statement self-driving software startup Oxbotica stated, it had raised $47 million in its latest funding round led by the venture capital arm of BP, Halma Plc, a health and safety device maker, and Tencent. Oxbotica, an Oxford University spinoff, develops autonomous systems that could be used in a range of vehicles…
On Wednesday, the world’s most popular cryptocurrency, touched its zenith of $35,000 for the very first time extending a rally that has seen the digital currency surge by more than 800% since mid-March. Bitcoin touched a high of $35,879 on Wednesday. On December 16, it had breached the $20,000 threshold for the first time.
In a first, more than 200 workers at Google and other Alphabet Inc businesses formed a labor union for U.S. and Canadian offices. They however fell short of the support required to force Alphabet Inc to come to the bargaining table. Backers of the union believe, the “Alphabet Workers Union,” which incidentally evolved from a…
Adobe Flash Player, the browser plug-in that helped to achieve rich animations and interactivity for users in the early web, has been officially put to an end. Flash was once considered to be amongst the most popular methods for people to stream videos and play games online. It was released in 1996. It however was…
The market is abuzz with rumens of a possible self-driving car from the American tech giant Apple. There has not been any public comment or announcement from Apple about the project which has come to be known as Titan. Therefore there is little official clarity on the type of car Apple might make. There is…
According to a report from the Wall Street Journal citing sources familiar with the matter at hand, Quibi is in advanced talks to sell its content catalog to video-streaming device maker Roku Inc following the streaming service provider winding down its operations. Los Angeles-based Quibi, which offered entertainment and news in episodes of 10 minutes…
Three Chinese telecommunications companies are to be delisted by the New York Stock Exchange (NYSE) because of alleged links of the company to China’s military the NYSE has said. According to a statement released by the stock exchange, starting early January, the NYSE will stop trading of shares of China Telecom, China Mobile and China…
The United States based electric vehicle maker Tesla delivered 180,570 electric vehicles in the fourth quarter which was more than its previous record of deliveries as well as the estimates of analysts, the company said on Saturday. In total the electric automaker manufactured 179,757 vehicles in the year. A total of 499,550 vehicles were delivered…
In a significant development, Bitcoin extended its bull run smashing its previous record and surging over $30,000 for the very first time; investors and traders are betting that the digital currency is on its way to becoming a mainstream payment method. On Saturday, Bitcoin, the world’s most popular cryptocurrency traded as high as $33,099 with…
On Friday, in a statement Sony Corp said it will launch its PlayStation 5 (PS5) console in India in coming weeks; the development marks Sony trying to capitalize the pandemic-driven boom in gaming. “We are happy to announce that PS5 shall be launched in India on 2nd of February 2021,” tweeted Sony. Preorders for the…
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