U.S. postal service to use self-driving trucks in a landmark pilot project

The implications of this pilot project has manifold benefits. It will not only lower operating costs but also improve delivery time and significantly reduce the problem of driver shortages. On Tuesday, in a development that marks a significant milestone in efforts to commercialize autonomous vehicle technology for hauling freight, the U.S. Postal Service stated, it…

Apple ties up with Ant Financial Services Group and several banks to ease purchase of interest free iPhones

While Apple’s market share in China have shrunk significantly, those of domestic smartphone makers including most notably Huawei, have expanded. Chinese consumers view those using iPhones as traitors. While Apple’s iPhones may be cost effective, unless it targets the core issue of nationalism, it would be surprising if it were to make any significant headway.…

French insurer AXA to sink in $10.60 billion in environmentally friendly projects by 2020

With the world threatened by global warming, France has taken the lead in making wealthy countries aware of this menace and is pushing for increased financing in projects that mitigate the effects of this risk. On Tuesday, French insurer AXA disclosed, it would quadruple its investments in environmentally-friendly projects by 2020 to $10.60 billion (9…