While carmakers and startups are racing to produce tomorrow’s smart car, it would appear that Apple is aiming at building a self-driving platform that manufacturers can license to integrate into their electric cars. As per information inferred from documents submitted to California’s regulators earlier this month, Apple is planning to train operators for its self-driving…
On the way to surpassing Ford Motor Co’s market value, many risks with the technology in his company’s cars was taken by Tesla Inc Chief Executive Elon Musk. Now in the factory that makes them, Musk is pushing boundaries. Once they deliver doors that fit, body panels with the right shape and dashboards that don’t…
The head of the biggest U.S. business lobby group said that by the middle of next year, a basic accord over reworking the North American Free Trade Agreement (NAFTA) would most likely be reached by the United States, Mexico and Canada. Pledging to ditch it if he could not rework terms in favor of the…
Investors, venture capitalists and regional start-ups gathered on the Indonesian island of Bali to discuss the future of tech in the world’s fourth most populous and the broader region, while U.S. Vice President Mike Pence visited Jakarta, Indonesia, this week to discuss bilateral trade issues as part of his 10-day trip to Asia. “What’s happening politically with…
Dominic Schnider, head of Asia-Pacific foreign exchange at UBS said in a TV interview that with further weakness likely ahead the dollar’s recent downdraft hasn’t ended. Trading as high as 100.47 in Asia trade, the dollar index, which measures the greenback against a basket of currencies, was trading as high as 100.47 in Asia trade. While…
An estimated $1.4 billion windfall and Elon Musk, the carmaker Tesla’s billionaire chief executive officer, is now separated by only six remaining milestones that still stand between them. According to a proxy statement filed on Thursday, Musk has achieved six of the 10 operational goals to date, up from five at this time last year.…
As part of a plan to stimulate an economy squeezed by low oil prices and spending cuts, Saudi Arabia Finance Minister, Mohammed Al-Jadaan said, that the country may offer “almost interest-free” loans to companies in labor-intensive industries. Al-Jadaan said in an interview on Thursday in Washington, where he’s attending International Monetary Fund and World Bank…
Elements attributed to Russia are trying to weaponise information through a campaign of disinformation and misinformation while trying to influence national policies through the globe. As per the results of a study conducted by researchers from Oxford University, French voters are increasingly being flooded with false stories on social media ahead of the country’s presidential…
Drivers will need a flying license to operate the vehicle in flight mode. Customers can expect deliveries starting from 2020. In what could be a significant breakthrough, a Slovakia-based company has unveiled a commercial design for a flying car with a price tag of more than $1 million, saying it was ready for pre-orders with…
A day when people can control almost any piece of software with their voice is what Amazon.com Inc’s chief technology officer is working toward. CTO Werner Vogels said in an interview that to enable developers so they can build chat features into their own apps, the company on Wednesday rolled out the technology powering Alexa,…
