On Tuesday, in a statement Airbus said, it is stopping production and assembly activities at its plants in France and in Spain for the next four days. Both governments are implementing new measures to restrict the movements and fight the coronavirus outbreak, said Airbus. “This will allow sufficient time to implement stringent health and safety…
Following a ruling by a judge that Uber’s ride hailing services in Colombia is in violation of competition rules, Colombia has ordered Uber to cease its ride-hailing operations in the country. The court order came in the wake of a lawsuit filed by COTECH SA against against Uber alleging that the U.S. company had the…
Renault, Nissan and Mitsubishi plan on appointing a general secretary at the helm of their alliance in order to reboot the partnership and boost operations. Renault is in the process of repairing its relationship with its Japanese partners following allegations of financial misconduct its earlier chairman. “This alliance executive will be key for coordinating and…
Gojek’s proof-of-concept service will be used to measure the demand for ride-hailing sector in Malaysia for a period of 6 months. On Tuesday, in a statement, Anthony Loke Siew Fook Malaysia’s minister of Transportation stated, Kuala Lumpur will allow ride-hailing firms such as Indonesia’s Gojek to start operations in the country from January 2020. Gojek’s…
TriEye’s cameras, which uses short-wave-infra-red sensing technology, can see at night as well as in adverse weather conditions. Israeli startup TriEye, which has developed short-wave-infra-red sensing technology which enables cars to see in night time as well as in adverse weather conditions, has attracted $19 million in its latest funding round, which also saw the…
The material, EUV photoresists, is crucial for chip production. On Thursday, South Korean Prime Minister Lee Nak-yon stated, Japan has approved the export of a high-tech material to South Korea. This is the first such export since Japan tightened the exports of high-tech materials used in the making of displays and chips. Japan has approved…
With its U.S. launch two years in the making, 100,000 customers are on N26’s U.S. waiting list. A full launch is expected to take place later this summer. N26, a German digital banking startup announced, it has commence operations in the United States through a phased rollout of its app-based checking account and debit card.…
The effort by Futurewei Technologies Inc appears to be aimed at obfuscating its link with its Chinese parent Huawei Technologies Co Ltd. It continues to be owned and funded by its Chinese parent. According to two sources familiar with the matter at hand, the U.S.-based research arm of China’s Huawei Technologies Co Ltd, Futurewei Technologies…
The operations of Norsk Hydro, one of world’s biggest producers of aluminum, have been affected. On Tuesday, Norsk Hydro, one of the world’s biggest producers of aluminum, stated it was subject to a sustained cyber attack that affected its operations. The development sent its shares plummeting downwards, “IT-systems in most business areas are impacted and…
Some of Altran’s operations in Europe had been affected by the cyber attack. It is to be seen whether this attack was part of the DNS hijacking attack that Britain’s National Cyber Security Centre is investigating. On Monday, Altran Technologies, a French engineering consulting firm stated, it was hit by a cyber attack last Thursday…
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