China backs hydrogen and fuel cell technologies for a greener future

China’s Ministry of Industry and Information Technology (MIIT) stated, the government will nurture and promote greener technologies, such as hydrogen and fuel cell, for the transportation market. On Tuesday, a Chinese government official stated, China back the development of hydrogen energy and fuel cell vehicle industry as part of a wider effort to promote green…

Huawei Device Co Ltd & Huawei Device USA Inc to be arraigned on Feb. 28, 2019

Huawei faces gale force headwinds with intelligence agencies linking its telecom devices as potential Trojan Horses which can be tapped by Chinese intelligence. According to information available in court filings, two units of Huawei Technologies Co Ltd are set to be arraigned on February 28 in Seattle on a 10-count indictment on charges of conspiring…

Intel to sink in $10.9 billion for new chip plant: Moshe Kahlon Israel’s finance minister

Intel is one of the biggest employers in Israel as well as one of its biggest exporters. Israel’s finance minister has stated, Intel Corp will sink in $10.9 billion (40 billion shekels) on a new chip plant factory in Israel, as part of its most recent multi-billion dollar investment in the country. “Intel’s global management…

HSBC settled forex trades worth $250 billion in 2018

The development marks Blockchain’s technology’s growing traction in the financial industry. In a development that marks Blockchain’s growing traction in the asset management industry, HSBC stated it had settled forex trades worth $250 billion (£194.15 billion) using blockchain in 2018. The development assumes significance since until now this sector had hesitations on embracing blockchain technology.…

Toyota’s opens up on its autonomous automated technologies at CES

Toyota Motor Corp showcased its automated safety technology “Guardian” as well as its full self-driving system – the “Chauffeur” at the annual CES at Las Vegas. As per a statement from Toyota Research Institute’s chief executive Gill Pratt, the carmaker’s automated safety technology “Guardian” will feature in its model “in the 2020s”. Pratt disclosed this…

France’s Sigfox develops tiny sensors to track and monitor endangered species

Sigfox has collaborated with conservationists and specialized groups, including the International Rhino Foundation, to develop this tiny sensor. In a development that could potentially positively impact the environment, Sigfox, a French tech company has developed a bite-size tracker that once inserted into the horns of rhinoceros can help conservationists track, monitor and protect the endangered…