China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022, aiming to keep a key market growing as the broader economy slows, three people familiar with the matter said. The move by policymakers comes as the world’s second-biggest economy has slowed sharply – and […]
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Uber Technologies Inc on Monday said it launched pilot food delivery services with autonomous vehicles in two California cities, and said it was adding electric vehicle charging stations into its global driver app. The announcements are part of Uber’s annual product event where the ride-hail and food delivery company showcases the latest updates to its […]
Two top U.S. defense intelligence officials were due to testify on Capitol Hill on Tuesday about what the government knows of unidentified flying objects, in the first public congressional hearing concerning UFOs in more than 50 years. The hearing before a U.S. House Intelligence subcommittee comes 11 months after a report documenting more than 140 […]
The United States and European Union will announce a joint effort to avert a “subsidy race” as they scramble to boost production of scarce semiconductor chips, a senior Biden administration official said. The move will be unveiled at the second meeting of the U.S.-EU Trade and Technology Council (TTC), taking place on Sunday and Monday […]
The Chinese blockchain network is reportedly being built, according to CNBC. China has been silently developing this framework to make blockchain technology more easily deployable for businesses and enterprises, naming it Blockchain-based Service Network (BSN). President Xi Jinping of China has emphasized that his country must take advantage of the prospects presented by blockchain technology. […]
If you don’t evolve, you will be left behind. This premise applies to people as well as businesses. While this is a scary concept for many, it is the way of the world. For this reason, entrepreneurs and company executives must look ahead into how businesses benefit from Web 3.0 and the technologies that constitute […]
Conquering space, inhabiting planets, some elusive dreams that broke the hearts of many generations of aficionados and scientists. Probably, this endeavor has been waiting for a crazy person, a genius willing to embrace the risk to achieve what no one came close to achieving. The same person who launched the era of autonomous vehicles with his […]
Data-driven applications and use cases have literally exploded in numbers in the last decade. Business and data analytics, artificial intelligence, internet of things, machine-to-machine applications, augmented and virtual reality, medical diagnostics, are just some examples among many more. This type of services has been increasingly relying on the availability of proper computational resources and software […]
A top official at the U.S. Securities and Exchange Commission (SEC) signalled on Thursday that stricter rules around crypto stablecoins could be drawing closer. Cryptocurrency markets have an overall value of about $1 trillion this week amid the collapse of the stablecoin TerraUSD and a destabilising plunge in Tether, currently the world’s largest stablecoin by […]
Cryptocurrencies nursed large losses on Friday, with bitcoin just above $30,000 and set for a record losing streak after the collapse of TerraUSD, a so-called stablecoin, rippled through cryptocurrency markets. Crypto assets have also been swept up in broad selling of risky investments on worries about high inflation and rising interest rates. Sentiment is particularly […]