The agreement, spanning several years, covers areas of technology related to RF Front-End components. Qualcomm Technologies Inc stated it has signed memorandums of understanding (MOU) for sales worth at least $2 billion with Xiaomi Communications, Lenovo Group, Vivo Communication Technology and the Guangdong OPPO Mobile Telecommunications Corp. On Thursday, the U.S. chipmaker disclosed that the…
These questions by the U.S. lawmakers underscores the fact that the U.S. Congress is sensitive to these critical vulnerabilities which can be exploited by state backed hackers to gain access to virtually any modern computing device. A Democratic U.S. lawmaker has requested a briefing on the recently disclosed critical vulnerabilities, Meltdown and Spectre, that hackers…
The strategic move by Hyundai Motor marks a growing trends towards collaborating with strategic partners rather than develop technologies by itself. On Thursday, Hyundai Motor Co stated it has invested an undisclosed amount in Singapore-based ride-hailing firm Grab marking its first ever foray into the fast burgeoning sector as it tries to diversify its sales…
In total Mobileye’s autonomous driving tech will be deployed in more than 2 million vehicles. Brian Krzanich, Intel’s CEO stated 2 million vehicles comprising those from the stable of Volkswagen AG, BMW and Nissan Motor Co Ltd, would be using Mobileye’s autonomous vehicle technology to crowd source data for building maps that enable autonomous driving.…
China wants to attract talent in AI areas of biometric identification, cloud computing, big data and deep learning and wants to apply them in military technology in order to gain a leverage over the United States. China is pushing ahead to fulfill its ambition of becoming a world leader in Artificial Intelligence by 2025 and…
By extending the tax rebate on NEVs upto December 31, 2020, China aims to provide a financial support structure for green vehicles. In efforts aimed at boosting the adoption of hybrid and electric cars, China stated it will extend its tax rebate on the purchase of these new-energy vehicles (NEV) until the end of 2020.…
With much of its exports to China being blocked by U.N sanction, an impoverished and increasingly cornered North Korea has taken the cyber route to enriching itself. With the recent surge in the price of bitcoins, cyber security experts opine the net worth of its stolen tokens amount to $82 million. With more international sanctions…
Ford’s strategy is woven around consumer feedback and the growing demand for autonomous automated vehicles. Jim Hackett, Ford’s CEO, revealed that the firm is reviewing its product portfolio since consumers have shown a preference for SUVs which have fuel efficiencies closer to sedans. At a Ford event in Detroit, Hackett said although in the past…
Ahead of its launch, Spotify and the music group of China’s Tencent Holdings Ltd have aligned their interests for future negotiations with music labels. On Friday, a report by the Wall Street Journal stated China’s Tencent Holdings Ltd and Sweden’s Spotify AB are in talks to swap stakes of up to 10% of each other’s…
Despite the lure of a big market, foreign companies are finding it hard to operate in China due to its asphyxiating business climate. In yet another instance which showcases how difficult it is for foreign tech service providers to operate in China, Skype, Microsoft Corp’s internet phone and messaging service has been removed from app…
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