Huawei launches world’s first 5G communication hardware for automobiles

Huawei’s modile, based on its Balong 5000 5G chip, is aimed at establishing itself as a key supplier for parts for the upcoming connected car industry. On Monday, in a development that further underscores China’s ambition to position Huawei Technologies as a vehicle to further its global ambitions, the embattled tech giant stated, it has…

Security of cryptocurrency exchanges to be bolstered in Japan

Japan’s financial regulator is pushing to improve internal security in the country’s cryptocurrency exchanges. On Tuesday, in a development that marks Japan’s intent to increase its oversight of cryptocurrencies, Japan’s financial regulator stated, cryptocurrency exchanges will now require to strengthen internal oversight of “cold wallets” used to store digital money, said a source with direct…

Nvidia potential acquisition of Mellanox Technologies would be its biggest ever

As per a source Nvidia has outbid Intel Corp for Mellanox. The deal assumes strategic importance since it will reduce Nvidia’s dependency on the gaming industry for its revenues. As per a source familiar with the matter at hand, Nvidia Corp is close to acquiring Mellanox Technologies Ltd for more than $7 billion. The potential…

Microsoft launches HoloLens 2 augmented reality headset

Augmented Reality technology has the potential to improve the efficiency of businesses ranging from users at a factory floor to doctors and those at a farm. In its second push at Augmented Reality, Microsoft unveiled the latest edition of its HoloLens augmented reality headset with promises that it provides a more immersive augmented reality experience…

Tesla signs preliminary battery sourcing agreement with China’s Tianjin Lishen

Tesla is placing its supply chain in order as it gears up for production at its Shanghai Gigafactory. According to two sources with direct knowledge of the matter at hand, Tesla Inc has signed a preliminary agreement with Tianjin Lishen for supplying batteries for its Shanghai Gigafactory, as it plans to expand its battery sourcing…