Facebook, Twitter to hand over U.S. institutional handles on January 20, 2020

In a statement, social media giants, Facebook Inc and Twitter Inc said, they will transfer control of the @POTUS account to the Joe Biden administration on January 20, 2020. On both social media platforms, the @POTUS account is the official account of the President of the United States and is separate from the @realDonaldTrump Twitter…

Deutsche Bahn & Siemens Mobility developing green hydrogen powered train engines

In a significant development, Deutsche Bahn and Siemens Mobility have started developing hydrogen-powered fuel cell trains as well as filling station; trials for the same will commence in 2024. In time these will replace diesel powered train engines on Germany’s local rail networks. A prototype, which will be built by Siemens, will be based on…

Alliance for Automotive Innovation sues to block Massachusetts vehicle data initiative

In a significant development, a group representing Volkswagen AG, General Motors Co, and Toyota Motor Corp and other major carmakers filed a lawsuit to block the state of Massachusetts’ ballot initiative that aims to significantly expand the access to vehicle data. Earlier this month, Massachusetts overwhelmingly approved the initiative to revise the state’s 2013 “Right…

Astanor Ventures raises $325 million for investing in agri-food tech startups

On Friday, Astanor Ventures, a backer French insect breeder Ynsect as well as Germany’s vertical farmer InFarm stated, it had raised a $325 million fund to invest in sustainable agriculture, food, and ocean technology startups. The new fund will back ventures that seek to make the food supply more resilient to climate change and attempt…

Amazon.com Inc outsources manufacturing of delivery drone project, cuts jobs

On Thursday, in a report the Financial Times stated, Amazon.com Inc has cut off dozens of R&D and manufacturing staff from its delivery drone project, Amazon Prime Air. Amazon has tentative reached manufacturing deals with two external manufacturers to build components for its long-awaited drone said the report while adding that more deals with third…

Foxconn’s display unit in Vietnam becomes operational: Vietnamese government

In a statement the Vietnamese government said, Foxconn had commenced constructing a factory in the northern part of the country, to produce displays. The factory was scheduled to commence production after a year, said the Vietnamese government. Foxconn’s $26-million factory in Quang Ninh province has now produced its first batch of displays, said the government…

Tesla, Uber along with major utilities form lobby group, Zero Emission Transportation Association

In a significant development, a group of major U.S. utilities which includes Uber and Tesla said they are launching a new lobby group which will lobby for national policies to boost the adoption of electric vehicles. The lobby group named Zero Emission Transportation Association, aims to boost the adoption of consumer electric vehicle and encourage…

Twitter announces global launch of disappearing tweets – fleets

Twitter Inc has announced the global launch of a new feature – tweets that disappear after 24 hours. The feature has similarities with Snapchat’s stories, and Instagram’s status feature. “Some of you tell us that Tweeting is uncomfortable because it feels so public, so permanent, and like there’s so much pressure to rack up Retweets and…

SpaceX successfully launch NASA astronauts into space

In a significant development, SpaceX, Elon Musk’s rocket company launched four astronauts into space on a flight to the International Space Station on Sunday marking NASA’s first full-fledged mission sending a crew into orbit aboard a privately owned spacecraft. SpaceX’s Crew Dragon capsule, dubbed Resilience, lifted off on top of SpaceX’s Falcon 9 rocket at…