A new artificial intelligence centre at its Tubarao site in Vitoria, Brazil has been opened by South American miner company Vale which is the amongst the largest mining companies in the world. The aim of setting up the center for the company was to “leverage the adoption of innovative and disruptive technologies in all areas…
Even as there is increasing political pressure on the Chinese technology giant Hiawei, its CEO and founder repeatedly emphasized on Tuesday that the company would not conceded to demands from Chinese government and agencies if they wanted to access customer data and the company would never allow that. The concerns of the US government about…
The development marks Blockchain’s technology’s growing traction in the financial industry. In a development that marks Blockchain’s growing traction in the asset management industry, HSBC stated it had settled forex trades worth $250 billion (£194.15 billion) using blockchain in 2018. The development assumes significance since until now this sector had hesitations on embracing blockchain technology.…
According to news reports in the United States, the San Francisco utility company PG&E Corp could be headed towards bankruptcy because the company is facing possibility of liability for recent California wildfires worth billions of dollars. The organization has almost 16 million customers in central and northern California and the CEO of the company had…
Following the announcement by a Polish official that the country could reduce the amount of products of Chinese tech company Huawei by its public entities after a Huawei employee was arrested on allegations of spying in Poland, China said on Monday that “fabrications” about Huawei should be put to an end by countries The relationship…
There can an exodus of foreign executives working in the Japanese auto maker Nissan linked to the former and now jailed boss o f the company Carlos Ghosn, warn industry analysts following the sudden resignation of Jose Munoz who is amongst the highest-ranking foreign executives working with the company. This, they say, can be a…
The project will also see the participation of South Korea’s OCI and China’s Longi. As per a statement from a Saudi official, Saudi Arabia plans on developing a $2 billion solar and carbon black integrated complex in partnership with South Korea’s OCI and China’s Longi. A feasibility study for the carbon black and solar project…
