By extending the tax rebate on NEVs upto December 31, 2020, China aims to provide a financial support structure for green vehicles. In efforts aimed at boosting the adoption of hybrid and electric cars, China stated it will extend its tax rebate on the purchase of these new-energy vehicles (NEV) until the end of 2020.…
The Russian safety watchdog has called on the Japanese automaker to recall a series of its cars for issues concerning the deployment of its airbag. On Wednesday, Russia’s Rosstandart, a technical safety watchdog, has called Nissan Motor Co Ltd to recall 106,340 of its cars in Russia. As per Rosstandart, the recall would affect the…
While traditionally, digital currencies such as the bitcoin, have always been decentralized and provide anonymity to the holder of the currency, Israel’s digital currency is likely to be centralized and compliant with existing money laundering laws. Israel’s central bank, the Bank of Israel, stated it is examining the possibility of issuing digital currency in order…
The color combination had been identified as a key symbol of national sovereignty. On Friday, the British government said once the country leaves the European Union in March 2019, it will reintroduce its classic blue and gold passport, a key symbol of national sovereignty. As per Brandon Lewis, Britain’s immigration minister, the move is likely…
With this move Belarus aims to further consolidate its booming IT sector and attract more foreign investors by allowing ICOs which are increasingly being frowned by regulators in other countries. In yet another instance of a cryptocurrency gaining legal foothold in the financial work, in efforts aimed at attracting foreign investment and boosting the growth…
China’s reputation in the cyber sphere precedes it. China Telecom is expected to start operations in the Philippines from the 1st quarter of 2018. On Thursday, ahead of the entry of Chinese firms in Philippines telecom market, the country is making heightened efforts to beef up cybersecurity measures midst national security concerns. Many senators have…
While automakers are racing to place electric vehicles by 2020, there is also a race to develop smarter, safer and cheaper battery technology that will power them. Honda Motor Co is weighing the idea of developing solid-state batteries for electric vehicles (Evs), with a growing number of automakers looking for ways to power next generation…
With Sony’s sensor business contributing the bulk of its 2017-2018 earnings, the company plans on ramping up their deployment in factory automation, image sensors and self-driving cars, key technologies for tomorrow. Riding on the surging sales of its image sensors, Sony Corp is poised to report its highest-ever earning this year. The firm also plans…
The South Korean giant plans on shifting over the bulk of its chip production to this new 10-nanometre class in 2018 that is widely expected to be adopted in high data crunching areas including cloud computing, high-end smartphones, and GPUs. On Wednesday, in a development that widens Samsung Electronics Co’s technical lead over its peers,…
With much of its exports to China being blocked by U.N sanction, an impoverished and increasingly cornered North Korea has taken the cyber route to enriching itself. With the recent surge in the price of bitcoins, cyber security experts opine the net worth of its stolen tokens amount to $82 million. With more international sanctions…
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