Prince Charles will be on hand Tuesday when pharmaceutical company AstraZeneca opens a 1 billion-pound ($1.34 billion) research center near the University of Cambridge, hoping to build on work in developing one of the first COVID-19 vaccines. The 19,000 square-meter (more than 200,000 square-foot) complex will house more than 2,200 research scientists. It joins a […]
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Taiwan’s Economy Minister Wang Mei-Hua revealed on Tuesday that the U.S. discussed with its country potential plans to address the semiconductor chip shortage, in addition to finding the needed approaches to counter China’s economic “coercion.” During the second session of an economic dialogue initiated last year, the discussion followed a week after a virtual meeting […]
General Motors is testing the water in electric boating by buying a 25% stake in a Seattle company that makes battery-powered outboard motors. The Detroit automaker said Monday that it bought the stake in Pure Watercraft for a venture that it says will develop and commercialize battery electric watercraft. Pure Watercraft, founded in 2011, is […]
Asian shares were mixed Tuesday after a late drop left major Wall Street indexes mostly lower. Tokyo was closed Tuesday for a holiday. Hong Kong and Seoul declined while Shanghai advanced. Market players appeared to be relieved to learn that President Joe Biden will nominate Jerome Powell for a second four-year term at the helm […]
Pressed to address gaping inequality in global COVID-19 vaccines, the Biden administration took steps Wednesday to make billions of dollars available to drugmakers to scale up domestic production to share with the world and prepare for the next pandemic. Under the new initiative, the government’s Biomedical Advanced Research and Development Authority is soliciting pharmaceutical companies […]
The privacy-driven tech firm, DuckDuckGo brought Friday to Android’s OS a new feature to prohibit passage from hidden third-party trackers to access its Android platform. Named “App Tracking Protection for Android,” will follow Apple’s Tracking Transparency tool, and its beta version will mirror the iPhone maker’s iOS controls. “The idea is we block this data […]
The European Commission said Thursday that it could approve aid to fund production of semiconductors in the 27-nation bloc amid a global chip shortage and intense worldwide competition to fill the need. The EU’s executive arm expects that the scarcity of semiconductors — a key component in everything from smartphones to cars — will last, […]
WFIS 2021 – INDONESIA to share the latest industry intelligence and facilitate networking with the best-in-class experts and solution providers. With an aim to support Indonesia and its Financial Services Authority (OJK) in acknowledging the latest BFSI innovations, while also addressing the lucrative opportunities presented by its growing digital economy, Tradepass is back in Indonesia […]
U.S. automobile manufacturers Ford Motor Co. and General Motors (GM) Co are altering their business plan by joining the semiconductor chip market, following a computer chip shortage that disrupted their global factory output for almost a year. On Thursday, Ford announced a calculated plan of going into business with semiconductor manufacturer GlobalFoundries Inc. to create […]
Haptic gloves company “HaptX” is alleging that Meta has emulated its design in its latest uncovering for the Haptic Glove in Wednesday’s reveal, stating it appears “to be substantially identical” to its patents. Virtual Reality (VR) and Augmented Reality (AR) haptic glove pioneer HaptX pointed fingers at Meta – formerly known as Facebook – stating […]