Siemens has signed a partnership agreement with chip designer Nvidia Corp to create an industrial metaverse – an enhanced virtual reality for companies to reduce the costs of running their factories, buildings and speed up new product design. The deal is a cornerstone of Siemens Xcelerator, a new open digital platform also launched by the […]
Reuters
Construction is due to begin on Wednesday on what could become the world’s biggest plant to capture carbon dioxide from the air and deposit it underground, the company behind the nascent green technology said. Swiss start-up Climeworks AG said its second large-scale direct air capture (DAC) plant will be built in Iceland in 18-24 months, […]
Japanese chipmaker Renesas Electronics Corp and India’s Tata Motors have formed a strategic partnership to design, develop and make semiconductor solutions, the firms said on Wednesday. The move comes as a persistent global shortage of semiconductor chips has hobbled the automotive and electronics industries, among others, forcing production cutbacks, while highlighting global dependence on a […]
Sony Group Corp said on Wednesday it’s launching a new line of headphones and monitors targeting the growing PC market for videogames as the Japanese conglomerate looks beyond its core PlayStation console gaming audience. Sony, whose PlayStation 5 console has been affected by supply chain snarls, last month announced a pivot towards releasing more titles […]
French car parts company Valeo said on Tuesday it had won a major contract with BMW to equip the German carmaker’s upcoming electric vehicle platform with its advanced driving assistance systems. The platform, on which BMW is planning to build up its bestselling 3 series sedan among other models, is a core part of the […]
The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a potent hacking threat and leading […]
Video streaming service Twitch, social network Pinterest, holiday rental company Airbnb and United Parcel Service (UPS) were all fined by a Moscow court on Tuesday for allegedly refusing to store Russian citizens’ personal data in Russia. Moscow has clashed with Big Tech over content, censorship, data and local representation in a simmering dispute that has […]
Siemens is buying U.S. tech company Brightly Software from private equity owner Clearlake Capital for $1.58 billion, the German engineering group said on Monday, its latest move to broaden its software credentials and grow faster than rivals. Siemens Smart Infrastructure, which offers digital systems to manage buildings’ security and energy consumption, is buying Brightly to […]
Canada on Monday announced more measures in response to Russia’s invasion of Ukraine, including additional sanctions and a ban on the export of technologies that could help improve Russia’s defense manufacturing capability. The new sanctions would target six individuals and 46 entities linked to the Russian defence sectors, 15 Ukrainians supporting Russia, and 13 individuals […]
More than 3,400 confirmed monkeypox cases and one death were reported to the World Health Organization as of last Wednesday, with a majority of them from Europe, the agency said in an update on Monday. WHO said that since June 17, 1,310 new cases were reported to the agency, with eight new countries reporting monkeypox […]