Blockchain Technology Could Enhance Green Transparency Of Fashion Industry

Despite global fashion brands touting their desire and intention to achieve higher green operations, the complex nature of their global supply chains often inhibits the desire of the brands to use environmentally friendly materials. However this issue can be tackled with the use of blockchain technology that underpins cryptocurrencies such as bitcoin, believes TextileGenesis. Blockchian…

Bugatti and Rimac Automobili are good technology fit: Porsche AG’s CEO

In a development that further fuels speculation of an impending deal between Volkswagen’s supercar brand Bugatti and electric hypercar maker Rimac Automobili, Porsche AG’s CEO told German weekly Automobilwoche that both companies make a good technological fit. Last year, British automotive magazine Car had reported that VW was on the brink of selling Bugatti to…

Australia sticks by principled stand on Big Tech, won’t amend laws: Australian Finance Minister

On Monday, in a significant development that marks Australia taking on big tech, Canberra said it will stick to its principled stand and will not change its proposed laws that takes on Facebook and Alphabet Inc’s Google forcing them to pay for news content, despite vocal opposition from the Big Tech firms. Facebook has reacted…

WhatsApp to go ahead with privacy update despite privacy concerns: Facebook Inc

In a significant development, Facebook Inc’s WhatsApp said, it will goo ahead with its controversial privacy policy update which allows users to read it at “their own pace”; following the update WhatsApp will display a banner providing additional information. Earlier this year in January, WhatsApp had laid out fresh terms aimed at increasing business transactions…

Google names Black executive Marian Croak to oversea research of AI ethics

Alphabet Inc’s Google has named Marian Croak, a Black executive, to oversee research on responsible artificial intelligence (AI). The development comes midst weeks of internal anger over a firing of a prominent Black scientist. In a statement Google confirmed that Croak will manage 10 teams, including a dozen scientists studying the ethical considerations of automated…

Volkswagen weighs potential listing of Porsche AG, in push towards electric vehicles

According to a source familiar with the matter at hand, Volkswagen is weighing options which includes listing of its luxury car division Porsche AG which will provide it sufficient liquidity towards electrification of its vehicles. “Those considerations exist,” said the source said while cautioning that they are still not being actively discussed in committees; any…