The Chinese Communist Party’s anti-corruption watchdog was among the agencies involved in a recent inquiry into links between billionaire Jack Ma’s Ant Group and state-owned Chinese companies, Bloomberg News reported on Wednesday. The Central Commission for Discipline Inspection (CCDI) was seeking to understand the influence of Ma’s fintech empire and the extent of its transactions […]
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Mercedes-Benz aims to produce electric cars consuming as little as 10 kilowatt hours of energy per 100 km (62 miles), its chief technology officer (CTO) said on Thursday, a third more efficient than the current average for electric cars. Speaking as the carmaker celebrated the successful test drive of its EQXX prototype vehicle over more […]
To any music fanatic out there, such as myself, you’ve definitely heard of Spotify; I mean, who hasn’t. The platform is recognized by its algorithm that delivers artists every means to harness and reach the right audience. Artists are seeking one objective and one goal only: having a user press that small heart-shaped button that […]
Japan’s Honda Motor Co Ltd said on Tuesday it plans to spend $64 billion on research and development over the next decade, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030. Its goals also include producing some 2 million electric vehicles a year by 2030. The strategy marks a […]
Chinese battery giant Contemporary Amperex Technology has implemented a so-called “closed-loop management” system at its main factory to keep production going as the country battles an Omicron wave of the coronavirus. The southern Chinese city of Ningde, where CATL is headquartered, has tightened prevention and control efforts because of a spate of COVID-19 cases, the […]
Senior officials at the European Commission were targeted last year with spy software designed by an Israeli surveillance firm, according to two EU officials and documentation reviewed by Reuters. Among them was Didier Reynders, a senior Belgian statesman who has served as the European Justice Commissioner since 2019, according to one of the documents. At […]
Two of the world’s richest people are pitching in ideas to tackle the issue of homelessness, suggesting that Twitter Inc convert its headquarters to a shelter home. Amazon.com Inc founder Jeff Bezos on Sunday backed an idea put forth by Elon Musk, who recently became Twitter’s largest shareholder, to convert the social networking firm’s San […]
It is not clear to most how IoT and WoT are related as the words internet and web are often used interchangeably. However, they are not the same thing and have extremely different applications on different scales. The internet of things (IoT), as we have covered extensively on Inside Telecom, refers to connected devices. Simply […]
U.S. House and Senate lawmakers said Thursday they have chosen negotiators to hammer out a deal on a bill to provide $52 billion in government subsidies for semiconductor production after months of discussion. House Speaker Nancy Pelosi, a Democrat, and Republican House Leader Kevin McCarthy named about 80 House lawmakers including the chairs and top […]
U.S. Treasury Secretary Janet Yellen said on Thursday crypto asset regulations should support responsible innovation while managing risks, sticking to the contours of a recent White House executive order that was well-received by the crypto market. In a speech on digital assets policy released by the Treasury, Yellen said that in many cases regulators already […]