Adopting a strategy of open-source software is being followed by Amazon.com Inc. for its voice-based Alexa digital assistant so that car makers and others are able to easily place it in their cars and chose it before Google. A number of speech-recognition technologies are being targeted by Amazon so that a number of in-vehicle apps…
Nio has hired 8 banks for the planned U.S. IPO. According to sources with knowledge of the matter, Nio, a Chinese electric vehicle startup has hired 8 banks, including Goldman Sachs and Morgan Stanley for its planned U.S. stock market listing this year, worth up to $2 billion. The eight banks are, JPMorgan, Goldman Sachs,…
High end rentals, bed and breakfasts, and boutique hotels are among the different lodging types are being added to its site by Airbnb. This is expected to make it easier for large groups to stay at a single place together for events like work trips, family getaways and weddings. A new ten-year roadmap was outlined…
The results of the survey is in sharp contrast to official data released by Britain. On Monday, in sharp contrast to downbeat official data released last weak by Britain, the country’s services sector reported its first rise in profits in more than two years. According to the Confederation of British Industry, the volumes and the…
The U.S. Energy Information Administration (EIA) predicts that there could be a decline of 40 per cent in the U.S. Strategic Petroleum Reserve (SPR) from the fiscal years 2022 till 2027. There can be a drop of as much as 100 million barrels in eh forthcoming decade in the SPR, calculated the EIA on the…
Analysts at IHS Markit see global autonomous vehicle sale touching 33 million units ub 2040, while Goldman Sachs has predicted that the ride-hailing market will grow 800% by 2030 and be five times the size of the current taxi market. In a strategic development, Nissan Motor Co has taken the first steps towards becoming an…
The timing for deploying 5G technology is set to top the agenda at the Mobile World Congress, set to take place in Barcelona next week. The telecom industry is counting on the new technology to trigger growth in equipment sales and mobile services.
Blockchain technology that drives bitcoin and other cryptocurrencies would be jointly promoted by India and Canada as the two countries set up links to do so. The opportunity of putting to use the blockchain technology in government services and academic institutions as well as in business will be explored by researchers in Canada who are…
This updated guidance addresses concerns on how and when public companies should disclose their cyber security risks and breaches. In a development that will significant impact tech firms, the U.S. Securities and Exchange Commission has updated its guidance to public companies on how and when they should disclose cyber security risks and breaches, including known…
The on-device AI-enabled user experiences on some specific Qualcomm Snapdragon mobile platforms would be enhanced as Qualcomm Technologies has launched its Qualcomm Artificial Intelligence (AI) Engine. This engine is composed of a number of hardware and software components to enhance user experience. The Snapdragon 845 mobile platforms would have the cutting-edge on-device AI processing while…
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