If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: fear of running out of juice between Point A and Point B. Automakers have sought to quell those concerns by developing EVs […]
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German technology company Bosch on Monday opened a 1 billion euro ($1.2 billion) chip factory in the eastern city of Dresden to help meet the growing demand for semiconductors. A global shortage of semiconductors has forced major auto companies such as Volkswagen and BMW to slow vehicle production in recent months. “Bottlenecks on the semiconductor […]
China vehemently objected Friday to U.S. President Joe Biden’s expansion of a list of Chinese companies whose shares are off-limits to American investors because of their purported links to the Chinese military and surveillance. The White House issued the update late Thursday to an order signed last year by Biden’s predecessor, Donald Trump, that added […]
The World Health Organization has issued an emergency use listing for the COVID-19 vaccine made by Sinovac for adults 18 and over, the second such authorization it has granted to a Chinese company. In a statement Tuesday, the U.N. health agency said data submitted to its experts showed that two doses of the vaccine prevented […]
Huawei is launching its own HarmonyOS mobile operating system on its handsets as it adapts to losing access to Google mobile services two years ago after the U.S. put the Chinese telecommunications company on a trade blacklist. Huawei was expected to announce the launch of HarmonyOS on Wednesday for various devices including smartphones and tablets. […]
The White House says it believes U.S. government agencies largely fended off the latest cyberespionage onslaught blamed on Russian intelligence operatives, saying the spear-phishing campaign should not further damage relations with Moscow ahead of next month’s planned presidential summit. Officials downplayed the cyber assault as “basic phishing” in which hackers used malware-laden emails to target […]
Artificial Intelligence (AI) and Machine Learning (ML) are the big-time game-changers. From healthcare to the manufacturing industry or other verticals, they have managed to transform multiple sectors of the economy and are helping together to improve our daily lives in numerous ways. Many workplaces such as education, retail, healthcare, finance, and technology leverage AI to […]
The chief executives of the nation’s largest banks went in front of Congress for a second day Thursday, facing questions ranging from inflation to their efforts to keep Americans in their homes after government aid to pandemic-hit mortgage holders expires this summer. The House hearing comes after senators on Wednesday questioned the six CEOs on […]
Two tech trade groups consisting of Facebook, Twitter, and Google have filed a lawsuit against the state of Florida over a new law that would fine social media companies that bar political candidates, citing a violation of free speech. The lawsuit – which highlighted that the bill was signed by Republican Florida Governor Ron DeStantis […]
Ford expects 40% of its global sales to be battery-electric vehicles by 2030 as it adds billions to what it’s spending to develop them. The automaker said in a presentation for investors Wednesday that it will add about $8 billion to its EV development spending from this year to 2025. That brings the total spend […]