On Wednesday, in a significant development, Russia’s chief of security at FSB Alexander Bortnikov said, Moscow will work together with the United States to locate cyber criminals. The FSB will follow agreements reached by Russian President Vladimir Putin with his U.S. counterpart Joe Biden. The development comes in the wake of the two heads of…
In a significant development, the U.S. Senate voted 68-32 to approve a sweeping legislative package aimed at boosting the country’s ability to compete with China, with the U.S. Congress seeking to take a tough line on Beijing. The bipartisan measure authorizes around $190 billion in provisions to strengthen U.S. technology and research spending; it will…
An auto industry group in the United States has it warned that the shortage in the global semiconductor market is likely to result in 1.28 million fewer vehicles manufactured this year and disrupt production for the coming six months. In a written response to a government-initiated review, the Alliance for Auto Innovation said the U.S.…
In a statement an official from the White House said, two top-level White House aides will host a meeting on the resiliency of the U.S. supply chain midst a broader policy review on the issue. According to Jen Psaki, White House’s press secretary, the meeting would be hosted by President Joe Biden’s top economic aide,…
In a statement the Biden Administration announced that the U.S. Department of Energy will “offer $100 million in funding to support low-carbon energy technologies”; it will also create a working group to aid their development and sale. The announcement was made by National Climate Advisor Gina McCarthy at the White House’s first meeting of the…
In a significant development, General Motors Co said, all of its new cars, including light pickup trucks, and SUVs will have zero tailpipe emissions by 2035. The development marks a significant shift away from diesel and gasoline powered engines by the biggest U.S. automaker. GM has also said, it plans on becoming carbon neutral by…
In a statement PayPal Holdings Inc said it has blocked GiveSendGo, a Christian crowdfunding site which helped raise funds for people who attended last week’s event in Washington after supporters of U.S. President Donald Trump, visited en mass at the Capitol. PayPal confirmed that it has closed an account held by Ali Alexander, one of…
On Tuesday, Alliance for Automotive Innovation, a major automotive trade association urged U.S. policymakers to back support for electric vehicles (EV), including new incentives to boost up consumer purchases, as well as research and development. U.S. President-elect Joe Biden has made boosting electric vehicles a top priority and has pledged to build 550,000 new EV…
In a statement, France’s Finance Ministry said, it has sent out notices to big tech companies to pay digital service tax as planned earlier. Earlier France had suspended collection of the digital service tax, since negotiations were underway at the Organisation for Economic Cooperation and Development (OECD) on an overhaul of international tax rules. The…
In a significant development, a group of major U.S. utilities which includes Uber and Tesla said they are launching a new lobby group which will lobby for national policies to boost the adoption of electric vehicles. The lobby group named Zero Emission Transportation Association, aims to boost the adoption of consumer electric vehicle and encourage…
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