The move is aligned with the Trump Administration’s policy on Beijing vis-a-vis semiconductors. On Friday, as per a report from The Information citing sources who are employees at a joint venture between U.S. smartphone chipmaker Qualcomm Inc and China’s Huaxintong Semiconductor (HXT), the joint venture is set to close by the end of this month.…
The new center will focus on Aptiv’s L4 or level 4 technology. On Wednesday, Aptiv, a U.S. auto-parts supplier stated it was opening an autonomous mobility center in Shanghai. The development underscores its push to increase in footprint in the self-driving vehicles market in China. The new center in Shanghai, will be one of Aptiv’s…
Tesla disclosed every car in its stable will feature its autopilot software. If ordered online, its lowest-priced Model 3 in the U.S. will cost only $39,500 for the Model 3 Standard Plus. In a development that aims to attract more cash in its coffers and expand its customer base, Tesla Inc on disclosed it has…
In the first such hike in 11 years, Amazon.com will be charging $43.86 in Japan as against $119 in charges for the same in the U.S. On Friday, in the first such hike after more than a decade of its launch, Amazon.com Inc’s Japanese unit raised the membership fee for its Prime service by 26%.…
A tariff dispute between the E.U. and the U.S. does not make business sense it will only benefit competitors, said France’s Finance Minister Bruno Le Maire. In a significant development, French Finance Minister, Bruno Le Maire warned, any escalation in the subsidy row involving Airbus and Boeing is fraught with dangers and risks since it…
Elite U.S. university MIT has snapped ties with embattled Huawei Technologies and ZTE Corp over investigations by U.S. authorities that the Chinese firms violated U.S. sanctions. It is also ramping up its screening process. In a strategic and significant development, the Massachusetts Institute of Technology (MIT) stated it has snapped its collaborations with Huawei Technologies…
The U.S. airplane maker tested the upgraded MCAS anti-stall software on a test flight of the 737 MAX jet. On board the aircraft was its CEO Dennis Muilenburg. In a significant development, Boeing Co stated, Dennis Muilenburg, its chief executive, had joined a test flight on a 737 MAX 7 jetliner for a demonstration of…
Gavin De Becker, a longtime security consultant, who is the security chief for Amazon.com’s chief executive Jeff Bezos has concluded that the Saudi Govt accessed and gained private information from it. He has handed over the findings of his investigation to U.S. federal officials. Gavin De Becker, a longtime security consultant, who is the security…
The report notes, “The evidence of sustained change is especially important as similar strongly worded commitments from Huawei in the past have not brought about any discernible improvements”. On Thursday, in a significant development, Britain has publicly chastised Huawei Technologies for failing to fix long-standing security flaws in its mobile network equipment and revealed new…
CFIUS concerns stems from the fact that the Chinese dating app collects personal information including a person’s location, messages, which could include potential data of the U.S. military or intelligence personnel. According to sources familiar with the matter at hand, a U.S. government national security panel has raised concerns over the ownership of Chinese gaming…
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