Toyota Motor Corp. has acquired the self-driving division of American ride-hailing company Lyft for $500 million, in a move that underlines the Japanese automaker’s ambitions in that technology. The acquisition, announced Tuesday, was carried out by Woven Planet Holdings, a Toyota subsidiary that began business in January and focuses on innovations and investment in projects […]
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At the height of the COVID-19 pandemic, brick and mortar businesses suffered the most due to worldwide lockdown measures enacted, while other businesses took a significant hit to their earnings as global supply chains were exhausted. These circumstances outlined the world’s technological readiness in the wake of crises, or lack thereof; but while many companies […]
With every day that passes, millions of COVID-19 jabs are being administered around the globe. With every day that passes, it seems as though citizens of the world can put one of history’s most damaging health crises within their rearview mirrors. But that doesn’t in any way signify that we will drive into the sunset […]
The Biden administration is taking steps to protect the country’s electricity system from cyberattacks through a new 100-day initiative combining federal government agencies and private industry. The initiative, announced Tuesday by the Energy Department, encourages owners and operators of power plants and electric utilities to improve their capabilities for identifying cyber threats to their networks. […]
In a sort of domino effect, popular discussion and content platform Reddit announced on Tuesday a first look into its new audio tool called “Reddit Talk” to be integrated within its subreddits, in a bid to increase user real-time engagement. While Reddit Talk does have similarities to Clubhouse, the layout of the tool has a […]
Suspected state-backed Chinese hackers exploited widely used networking devices to spy for months on dozens of high-value government, defense industry and financial sector targets in the U.S. and Europe, according to FireEye, a prominent cybersecurity firm. FireEye said Tuesday that it believes two hacking groups linked to China broke into several targets through Pulse Connect […]
British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak touted as “Britcoin.” The Bank of England and the Treasury said Monday that they will work together to assess the benefits of a central bank digital currency, at a time when cash payments are generally on the decline, […]
Charles “Chuck” Geschke — the co-founder of the major software company Adobe Inc. who helped develop Portable Document Format technology, or PDFs — died at age 81. Geschke, who lived in the San Francisco Bay Area suburb of Los Altos, died Friday, the company said. “This is a huge loss for the entire Adobe community […]
Global consumer confidence soared to record heights in the first quarter of 2021, according to The Conference Board: Global Consumer Confidence Survey, as vaccination campaigns broadened, travel restrictions loosened, and governments and central banks continued to provide robust economic stimulus. These factors are contributing to various geographic regions returning to a “state of normalcy sooner” including increased spending […]
President Joe Biden has selected two former senior National Security Agency officials for key cyber jobs in his administration, the White House said Monday in moving to fill out a team whose role has grown more urgent after two major hacks that have consumed the government’s attention. Chris Inglis, a former NSA deputy director, is […]