Search results for "AI "

As fears about climate grow, Siemens CEO sees opportunities

As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to help manage the challenges. Munich-based Siemens specializes in making buildings, factories and railroads more efficient through digitalization and automation. And its medical unit includes technology that could lead to faster treatments for stroke […]

Tesla launches beta version 9 of its self-driving car

Tesla has finally released through the weekend its beta version 9 update of its full self-driving system, after four years of delay, the automaker’s CEO Elon Musk said in a tweet. Musk had stated earlier in 2018 that version 9 is coming soon, then again in 2019. However, earlier this month, the CEO again swore […]

Ransomware Attacks count rises with Comparis.ch Breach

Swiss-based insurance and mortgage comparison company Comparis.ch has fallen victim to ransomware attack on Wednesday and shut down its website on Thursday out of fear of customer data breach. Comparis.ch is a price and product comparison platforms in Switzerland, specializing in products of health insurers prices, insurance companies’ prices, alongside banks and telecom providers. On […]

China vows retaliation after US blacklists companies

China on Sunday said it will take “necessary measures” to respond to the U.S. blacklisting of Chinese companies over their alleged role in abuses of Uyghur people and other Muslim ethnic minorities. The Commerce Ministry said the U.S. move constituted an “unreasonable suppression of Chinese enterprises and a serious breach of international economic and trade […]

Volvo to resume production at Virginia plant despite strike

Volvo Trucks North America says it will restart production at a plant in southwestern Virginia on Monday despite an ongoing strike and the lack of a labor deal between the company and a union representing nearly 3,000 workers. The company said in a news release that it will implement terms and conditions of a tentative […]

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 […]

TikTok Launches Pilot for Video Resume

TikTok launched on Wednesday an avant-garde pilot program that allows users to upload video resumes for jobs based in the U.S. through a new feature, TikTok Resumes. The culture fueling platform announced the launch of its new tool, resurfacing from the content that appears on the platform organically, such as #CareerTok. This step, if succeeds, […]

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 […]