Search results for "TECHNOLOGY"

Stellantis: 98% of models to be electric or hybrid by 2025

Stellantis is a little late to the global electric vehicle party, but on Thursday it pledged to catch up and pass its competitors. CEO Carlos Tavares says that by 2025, 98% of its models in Europe and North America will have fully electric or plug-in gas-electric hybrid versions. He says the company that combined Fiat […]

EU fines German car makers $1B over emission collusion

The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems. Daimler, BMW and Volkswagen along with its Audi and Porsche divisions avoided competing on technology to restrict pollution from gasoline and diesel passenger cars, the EU’s executive […]

Huawei signs 4G patent license agreement with Volkswagen

Chinese telecom Huawei agreed earlier this week to sign a 4G patent license agreement with the German car manufacturer Volkswagen. The decision – which joins two U.S. sanctioned companies — is considered one of the biggest patent licensing agreement Huawei provides within the auto making industry. As per the deal, the telecom titan’s 4G mobile […]

Personal 3D printers market to reach $5.44 billion by 2030

Personal 3D printers have been on the rise for quite some time now, as their uses have been leveraged in a plethora of ways to produce anything from dental supplies to 3D figurines; this goes to show the versatility of the technology. According to a new report by MarketsandMarkets, the global personal 3D printers industry […]

Square Inc Reveals Plan for Crypto-Wallet hardware

U.S.-based hardware company Square Inc announced on Tuesday plans to create a hardware wallet for Bitcoin, following a U.S. senator’s warning about imposed cryptocurrency threats on consumers and financial markets. The U.S. based financial service and digital payments company Square Inc — announced via one of its lead’s Twitter account– its plan to create a […]

Apple co-founder Steve Wozniak backs Right to Repair Movement

Apple Co-founder Steve Wozniak voiced his support towards the right to repair movement amid battle over whether users should be able to fix their own devices.   Existing right-to-repair rules in Europe and the U.S. are limited to appliances and vehicles, respectively.   Woznaik’s statement came through a Cameo video, a platform where people can purchase personalized videos from celebrities, in response to a question posed […]

Pfizer seeks FDA approval for 3rd COVID jab in response to Delta

Pfizer and BioNTech announced on Thursday that they were developing a version of the coronavirus vaccine that targets the Indian Delta variant, which has spread to nearly 100 countries.   The U.S.-based company expects to begin clinical trials of the vaccine in August.  The drug maker is looking to speed up the approval for a third booster dose of its COVID-19 vaccine to target the Delta variant and will request emergency authorization from […]

FCC to mull cellphone blocking options for state prisons

Federal regulators are considering allowing state prisons across the country more technological options to combat contraband cellphones, which prison officials have long said represent the greatest security threat behind bars. The Federal Communications Commission plans Tuesday to discuss “taking steps to combat contraband wireless devices in correctional facilities,” according to an online meeting agenda that […]

CodeFlare: An open-source framework for machine learning

IBM introduced on Wednesday its latest open-source serverless framework, with the solemn purpose of simplifying integration and efficient scaling of big data and artificial intelligence (AI) workflows into its hybrid cloud. IBM’s recent technology, CodeFlare, is designed at the rank of a promising open-source distributed computing framework for machine learning (ML) applications commonly referred to […]