On Monday, China finance ministry stated, it plans on rolling new policies to support hydrogen fuel cell vehicles in order to boost the industry’s supply chain and related technologies. China has emerged as the world’s biggest market for new energy vehicles (NEVs), which includes plug-in hybrids, battery electric vehicles as well as and hydrogen fuel…
On Wednesday, Estonia’s Bolt, a ride-sharing service provider, launched its own electric scooter model with the aim of launching the scooter service in more than 45 cities this summer. The Estonian company has grabbed business from Uber in many major African and Eastern Europe cities. Bolt has more than 30 million users in over 35…
On Tuesday, Singapore’s central bank stated, it has received 21 applications for digital bank licenses which includes 7 licenses for retail banking while the balance is for wholesale bank licenses. The development marks Singapore’s biggest liberalization of its banking sector in two decades as it pushes to bring about online-only banks which will have lower…
On Thursday, German automotive supplier Robert Bosch stated, it has developed a sensor that allows cars to “see” the road in three-dimensions. The development could potentially lower the cost of technology and speed up the development of self-driving vehicles. In a statement, privately-held Bosch said, its internally-developed lidar sensor, which it will showcase at the…
Midst heightened regulatory scrutiny over Facebook Inc, the social media giant has dropped to the 23rd spot in Glassdoor’s list of “Best Places to Work” in 2020, down from the seventh spot it secured last year. Employees have given Facebook’s senior leadership as well as its work-life balance a relatively lower rating in Glassdoor; The…
The ad operations of Google and Facebook in the EU will be significantly affected if the proposal is agreed upon by all 28 member states of the European Union. As per a European source, France and Germany have sought to salvage a EU tax proposed that aims to levy digital tax on large tech firms…
In a significant shift in its patent licensing strategy Qualcomm’s licensing chief stated its new licensing model is aimed at winning customers and easing regulatory concerns. In a strategic change of tactics, Qualcomm Inc’s patent licensing chief stated, the company has broadened its licensing model in order to lower licensing costs for the next generation…
TCMC, the world’s biggest contract chipmakers plans on sinking in $1.3 billion in R&D to research future technologies. On Friday, a spokesman for the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co, stated it is planning to plough in $13.50 billion (T$400 billion) to help expand its research and development capacity for future technologies. Clarifying…
Trump’s EPA nominee Scott Pruitt, has made it clear that the Obama-era standards will remain. Not wanting to meet stringent fuel efficiency standards set in the U.S., car manufacturing companies in the country have shot off a letter to President Donald Trump in the hope that he loosens things up. Car manufacturers in the U.S.,…
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