In a significant development General Motors Co presented a futuristic self-driving vehicle flying Cadillac which can take off and land vertically carrying passenger above streets through the air. A senior GM executive described the concept as “reimagining the future of personal transportation”. The single-passenger Cadillac, which essentially is a vertical take-off and landing (VTOL) drone,…
In a statement PayPal Holdings Inc said it has blocked GiveSendGo, a Christian crowdfunding site which helped raise funds for people who attended last week’s event in Washington after supporters of U.S. President Donald Trump, visited en mass at the Capitol. PayPal confirmed that it has closed an account held by Ali Alexander, one of…
In a statement Swedish telecoms operator Tele2 said, it will partner with Nokia for the deployment of its core 5G network in Sweden and in the Baltics. The new core infrastructure will support both 4G and 5G connectivity, thus allowing higher speeds with lower latencies in the network. “We are proud to be expanding on…
Political donations to those Republican Congress members who raised objections to the Electoral College’s votes are being suspended by some of the biggest companies of the United States. This decision, which is being taken by more companies by the day, follows the siege of the US Capitol last Wednesday by a pro-Trump mob. The latest…
Microsoft founder and the third richest person in the world Bill Gates has entered a bidding war worth £3bn to purchase the largest private jet operator of the world even as gates also prepared to publish a new book titled ‘How to Avoid a Climate Disaster’. Much of the $134bn personal wealth of Gates is…
The social media site more popular in the United States – Parler, has gone offline following the decision of Amazon to withdraw support to the so called “free speech” social networking site. The social media platform had been very dependent on Amazon Web Services (AWS) cloud computing service and was known to be striving to…
A team of experts from the World Health Organization will be going to China this month to investigate the origin of the novel coronavirus pandemic but people should have “very low” expectations that the visit will be enough for the global health body to come to a conclusion about the role of the Chinese authorities…
A shortage of semiconductors will force top auto companies to cut vehicle production this month, said Ford Motor Co, Toyota Motor Corp, Fiat Chrysler Automobiles and Nissan Motor Co Ltd. These four global auto companies are the latest ones to say that they have been hit by a shortage of chip with an increase of…
According to a report from South Korean media house IT News, Hyundai Motor and Apple Inc will be signing a partnership deal in the coming weeks on autonomous electric cars. A deal could be on the cards to start their production in the United States sometime in 2024. Earlier last week, another report had said,…
Electric car maker tesla’s co-founder and CEO Elon Musk surged ahead Amazon founder and CEO Jeff Bezos to become the wealthiest person in the world according to calculations done by Bloomberg. Just a 6 per cent rise in the stock price of Tesla on Thursday propped up the personal wealth of Musk by a huge…
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