The partnership is aimed at slashing the cost and time of the development cycle and bring vehicles equipped with state of the art technologies to the market as soon as possible. On Wednesday, in a development that marks yet another alliance to bring down the cost of developing electric cars, BMW stated it will partner…
The development is significant since typically buyout funds focus on physically infrastructure. In contrast Digital Colony’s fund illustrates how investors are now seeking assets that support the digital economy. According to sources familiar with the matter at hand, private equity firm Digital Colony, which has the backing of U.S. real estate investor Thomas Barrack, has…
Google online ad business faces strong risks of non-compliance to EU’s GDPR. In a development that marks a heightening of Google’s privacy woes, privacy campaigners have filed complaints to data protection regulators in France, Germany and seven other EU countries over the way Google handles data in its online advertising business. Last month, complaints filed…
A hacker has been able to breach the cyber defenses of Quest Diagnostics Inc and has been able to access a whole treasure trove of patient data, including their credit card numbers, bank account details, medical data and social security numbers. In yet another case of a cyber attack, Quest Diagnostics Inc disclosed it has…
Going by its revenue forecasts, MaxLinear’s revenues have not been materially affected by this disruption. In a significant development, MaxLinear Inc, a radio-frequency chip maker disclosed it has stopped shipping its semiconductors to Huawei Technologies Co Ltd and its affiliates. MaxLinear stated it cannot predict when shipments to Huawei will resume. The company has revised…
Another flaw in Boeing’s 737 Max model of aircraft – that has been grounded throughout the world, has been found by airline safety regulators in the United States. The regulators also found the same flaw in the planes belonging to the generation previous to the 737 Max. The airlines have been asked to check for…
SoftBank’s service will power a range of machineries including autonomous farm equipment to buses and drones. In a statement, Japan’s SoftBank Corp stated it will be launching a service in 2019 that will use satellite navigation data and the telco’s mobile base stations to help power self-driving buses, drones and farm machinery. SoftBank’s service will…
Australian National University is Melbourne’s top university and its graduates hold senior positions in the government. Hackers were able to gain access to bank account numbers as well as passport details. On Tuesday, one of Australia’s top-ranked university the Australian National University (ANU) stated hackers had breached its cyber defenses in late 2018 and had…
Apple is set to its iTunes download service which was once touted to be the potential means for survival of the music industry in the digital era. The app for iTunes would be preplaced by three separate apps for music, TV and podcasts and this is set to be announced soon by Apple according to…
New research suggests that the life expectancy of the first people who were gene-edited – a pair of baby twin girls – would have been shortened because of the way their genes were modified. The world was shocked by the genetic alterations of the twins by Prof He Jiankui in his efforts to give them…
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