The implications of this pilot project has manifold benefits. It will not only lower operating costs but also improve delivery time and significantly reduce the problem of driver shortages. On Tuesday, in a development that marks a significant milestone in efforts to commercialize autonomous vehicle technology for hauling freight, the U.S. Postal Service stated, it…
The U.S. ban on selling American technology to Chinese firms, which now has a grace period of 90 days, does not cover patents. Moreover Huawei owns both firms sizeable dues … cutting off business relations could potential mean massive writedowns if not write-offs. In a significant development, patent attorneys of InterDigital Wireless Inc stated, it…
Before they give a go-ahead to the merger, regulators will have to factor in the potential loss of competition which will lead to higher consumer prices against the prospect of a more powerful No. wireless carrier which can work to build a faster, better next generation 5G wireless network. According to sources U.S. regulators are…
The pace of forced tech transfers in exchange for market access is on the rise in China especially in “cutting edge” industries. In a significant development, a European business lobby has disclosed, the number of cases of European firms forced to transfer technology to its Chinese partners are on the rise despite Beijing’s attempt to…
One of the primary reasons why Japan could be impacted by the ban on Huawei is intertwined supply chains. On Friday, Japan’s Finance Minister Taro Aso stated, the U.S bid to block Huawei Technologies from purchasing American technology is likely to impact Japanese companies and weign on the country’s economic growth prospects. “There are Japanese…
Although there have been a few instances of Tesla EVs catching fire, they have come mostly after a crash. With Tesla’s OTA software update, Tesla cars such as the Model S and Model S will have revised thermal and charge management settings. On Thursday, following two incidents of Tesla Model S electric vehicles catching fire…
Huawei will need a U.S. government license to purchase U.S. technology. The order will come into effect in the coming days. In a significant development, the U.S. Commerce Department stated it has added China’s Huawei Technologies Co Ltd along with 70 of its affiliates to a “Entity List”, thus placing a ban on the telecom…
WhatsApp has a serious security vulnerability which allows a hacker to install a malicious program on your device and gain access to your personal data. Ireland’s Data Protection Commissioner (DPC) disclosed, that Facebook’s WhatsApp has informed it of a serious security vulnerability on its platform. “The DPC understands that the vulnerability may have enabled a…
Microsoft aims to hire more than 100 local engineers in order to customize its applications for the African market and create new ones that are customized for the continent. In a significant development, Microsoft Corp stated, it will be investing $100 million in Africa in the next five years, so as to open an Africa…
Amazon is embracing this new model based on the feedback from earlier trials which showed that adding Counter to a store’s retail offer helped to increase customer footfall. In a strategic move, Amazon has entered into a collaboration with British clothing chain Next in order to tap its network of stores from which Amazon’s UK…
