The deal marks a strategic shift in Uber’s approach to maintaining its lead in the ride services industry. In a bid to catch up on rivals in the hotly crowded automated autonomous driving industry, Toyota Motor Corp said it will invest $500 million in Uber Technologies Inc so as to jointly develop self-driving cars. Although…
A recent development achieved by American researchers, better mimicking of native vessels and ducts in human body can be made by a special way of “printing” them in tubular structures. The researchers have developed a 3-D bio-printing technique that allows them to accurately fine-tune the properties of the printed tissues such as the number of…
The development is aimed at placing Europe on par with the U.S. and China vis-a-vis 5G. While the U.S. and China have moved rapidly to deploy the nascent 5G technology, Europe is not one to be left behind. Although the development of 5G mobile networks are still nascent, so as to develop them further Telecom…
companies in the conglomerate are set to form joint ventures that will see them develop solutions for separate components of self-driving technologies. On Monday, four companies from the Toyota Motor Corp stated they would form a joint venture to develop software that manages components for self-driving technology including brakes, steering and others. In a joint…
The potential $285.4 to 356.7 million deal assumes significance since, 1) it marks Buffet’s first direct investment in India and 2) it values Paytm at over $10 billion. On Monday, as per a report from the Economic Times, Berkshire Hathaway Inc is in talks with India’s One97 Communications Ltd, the parent of digital payments firm…
Short sellers and investors who have attacked the company have been cited as one of the reasons why Musk launched his take Tesla private bid. In a significant development, Tesla Inc’s CEO Elon Musk has stated, he would listen to shareholder’s concerns and will no longer pursue his $72 billion bid to take the company…
A new study report claims that all alcohol consumption is bad for humans, breaking the myth that a glass of wine a day is good for the health of a person. This study was conducted on a global basis and therefore it claims to be more comprehensive than ever before. The study virtually negated what…
According to a statement from the U.S. Customs and Border Patrol, a man who attempted to enter the country from Brazil travelling on a French passport was detained as an imposter at Washington, D.C.’s Dulles airport with the help of a newly installed facial-recognition technology. It was just three days ago that the airport had…
Facebook and Twitter accounts that were reportedly linked to Iran and Russia were removed by the social media platforms because those accounts were either “inauthentic” or were engaged in “manipulating” behavior, said the company, According to founder and chief executive Mark Zuckerberg, over 650 Facebook pages and groups had been identified to be “misleading”. On…
It will be interesting to seen how the European Union’s General Data Protection Regulation (GDPR) will impact Chinese companies in the EU. In March 2018, when William Zhang’s car insurance was about to expire he did not have to bother looking for renewal options. Two months before the expiry of the policy, Zhang used to…
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