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…
There is one aspect that cannot be developed as fast as other car technologies because it still needs a human touch. Even while the auto makers are fast developing technologies for completely autonomous vehicles, the ultimate product would still human touch in car washing for those advanced cars to be kept under perfect working condition.…
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…
Apple wants to ensure that it is able to lay its hands on enough supplies of cobalt – the key ingredient for batteries and this has forced the tech company to engage in discussion for purchasing long-term supplies of cobalt. The company wants to purchase the metal directly from the mines for the first time.…
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…
Users can now make payments at retail stores with the use of any android run smartphone with NFC support by Google’s new payment app. The app, called Google Pay, can be downloaded free of charge but is only now available in the US and the UK. A number of characteristics of the current Android Pay…
Samsung Display has cut the production of its OLED panels by around 50%. Japanese business daily Nikkei has reported Samsung Electronics Co will slash its output of organic light-emitting diode (OLED) panels in response to Apple Inc’s decision to cut production of iPhone X midst weak demand. Apple Inc is Samsung Electronic’s customer. Samsung Electronic’s…
