The United States has continued to keep Alibaba’s taobao.com, China’s biggest e-commerce platform on this blacklist. Continuing its crackdown on Chinese companies which exploit and steal U.S. intellectual property, the United States added Pinduoduo.com, China’s third-largest e-commerce platform to its list of “notorious markets” for violations of intellectual property rights. The United States also kept…
The development underscores a growing trend of consolidation among communications, automakers and technology companies as they grapple with the massive investment and software expertise required to develop new services for which demand has yet to be tested. On Thursday, Japan’s Honda Motor Co and truckmaker Hino Motors Ltd stated they join a joint venture of…
e.GO Mobile, a German startup, has helped develop a delivery van that is now being produced by a subsidiary of postal services group Deutsche Post. Among the startup’s other projects, it is also pursuing to bring an e-minibus to the market through a a joint venture with German automobile supplier ZF Friedrichshafen. In asgi significant…
Wal-Mart is in the process of fixing the issues due to which it had to cut its ties with the logistics firm. In a significant development that marks a setback against Wal-Mart’s efforts to fight Amazon.com in the groceries segment, logistics firm Deliv and Walmart Inc have discontinued their same-day grocery delivery partnership. In 2018,…
The forward-looking purchase of the stake is of strategic significance as it revolves around the future of mobility. In a strategic move, Volkswagen has purchased a controlling stake in Volvo’s WirelessCar, a digital service developer which specializes in connected driving, for $122 million (1.1 billion Swedish crowns). In a statement Volkswagen stated, WirelessCar’s technology would…
All 3 Chinese startups will base themselves on Nvidia’s Xavier platform which will allow them to add specific software to adapt their vehicles to local traffic and infrastructure situations. On Wednesday, U.S. chipmaker Nvidia Corp’s CEO Jensen Huang stated, the chipmaker has signed separate deals with 3 Chinese electric vehicle startups, SF Motors, XPeng Motors…
The partnership will extend Coronet’s expertise to millions of Dropbox users. Israeli cybersecurity firm Coronet has stated, it has entered into a partnership with Dropbox. The move brings millions of users within Coronet’s ambit of protection from possible hacker attacks. The partnership will see Coronet’s own security features merge with Dropbox’s own security settings, both…
The woman has alleged that although Facebook’s executives knew minors were being lured into the sex trade on the platform they remained mute spectators. A woman in Texas has dragged social networking giant Facebook to court alleging that at the age of 15, she was raped, beaten and trafficked for sex by a pimp who…
Ola is steadily expanding its footprint in overseas markets. Earlier this year, it had forayed into the UK and the Australian ride-hailing markets. On Tuesday, Indian ride-hailing platform Ola said it plans on expanding its operations to New Zealand. The move underscores its latest push overseas as it ups its rivalry with its peer, Uber…
Already 94 companies and organizations have joined TradeLens – a platform that aims to manage and track the supply chain process of shipping goods, including freight forwarding and trade finance, from end to end. On Thursday, Maersk, a shipping group stated, ninety four companies and organizations have so far joined a blockchain platform it has…
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