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Toyota, Suzuki Take Hybrid Route in India for Local, Global Markets

Toyota Motor Corp and Suzuki Motor Corp on Friday said they would begin production of hybrid vehicles in India, a category that Toyota has said is currently best suited to such markets. A Toyota plant in southern India would in August begin building a hybrid sport utility vehicle (SUV) developed by Suzuki, the companies said. […]

Tokyo Gas Begins Synthetic Methane Trial Using Green Hydrogen

Tokyo Gas Co Ltd, Japan’s top city gas supplier, said on Friday it has begun a pilot programme of methanation, a technology to help decarbonise city gas, and plans to use green hydrogen sourced from renewable energy for the trial by next March. Methanation converts hydrogen and carbon dioxide (CO2) into synthetic methane, an alternative […]

Reading Through the Dish 5G Network Launch

The latest fifth evolution of wireless networks has been shaping up the telecom sector for a couple of years now.  The US market is among the first to adopt the new standard. The three main operators, T-Mobile, AT&T, and Verizon have lately been joined by a new 5G provider, Dish. The company has long been […]

Roche Sceptical about Investing More in 'Guided-Missile' ADC Cancer Drugs

Roche remains sceptical about investing more in antibody-drug conjugates (ADCs), which have been described as “guided-missile” cancer drugs, even as they attract heightened attention in the pharmaceutical industry. “There are quite a few companies that invest in this area. As for us, we still have rather limited interest,” Chief Executive Severin Schwan told journalists at […]

$100 Million Metaverse Research and Development Center to be Opened in Melbourne

Thailand-based metaverse startup Translucia Global Innovation, in collaboration with the Australian software development company Two Bulls, has set aside a $100 million initial budget for constructing a Melbourne-based Metaverse Research and Development Center (MRDC). The T&B Media Global art and entertainment corporation, which owns Translucia, began its Translucia Metaverse project in October 2021 with a […]

U.S. Crypto Firm Harmony Hit by $100 Million Heist

U.S. crypto firm Harmony said on Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long targeted by hackers. Harmony develops blockchains for so-called decentralised finance – peer-to-peer sites that offer loans and other services without […]

The Future of Portable Ultrasound Devices

The medical field has been benefiting a lot from technological advancements. The diagnostic, monitoring, and treatment tools have been getting smaller in size with ubiquitous usage capabilities and smarter decision-making. Ultrasound technology uses sound frequencies outside the human audible band, that is, above 20 kilohertz.  These safe waves are reflected from body structures, and processed […]

Netflix Lays Off 300 Employees in Cost-Cutting Drive

Netflix Inc said it laid off 300 employees, or about 4 percent of its workforce, in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers for the first time in more than a decade. The move mostly affected its U.S. workforce and came after the company cut 150 […]

Binance Scores Cristiano Ronaldo as Partner for NFT Push

Binance, the world’s biggest cryptocurrency exchange by trading volumes, said on Thursday it has signed a partnership with Cristiano Ronaldo for the promotion of non-fungible tokens (NFTs). As part of the multi-year agreement, the Portuguese soccer star and Binance will create a series of NFT collections for sale on the company’s platform, the cryptocurrency exchange […]