General Motors is testing the water in electric boating by buying a 25% stake in a Seattle company that makes battery-powered outboard motors. The Detroit automaker said Monday that it bought the stake in Pure Watercraft for a venture that it says will develop and commercialize battery electric watercraft. Pure Watercraft, founded in 2011, is […]
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Asian shares were mixed Tuesday after a late drop left major Wall Street indexes mostly lower. Tokyo was closed Tuesday for a holiday. Hong Kong and Seoul declined while Shanghai advanced. Market players appeared to be relieved to learn that President Joe Biden will nominate Jerome Powell for a second four-year term at the helm […]
U.S. Congress leaders revealed on Wednesday that lawmakers are working on a draft to discuss a definitive settlement on a bill to elevate semiconductor manufacturing and U.S. technology rivalry with China. The Senate and the House of Representatives leaders declared their latest tactic to heighten the country’s technological empowerment margin. Democratic New York Senator and […]
Haptic gloves company “HaptX” is alleging that Meta has emulated its design in its latest uncovering for the Haptic Glove in Wednesday’s reveal, stating it appears “to be substantially identical” to its patents. Virtual Reality (VR) and Augmented Reality (AR) haptic glove pioneer HaptX pointed fingers at Meta – formerly known as Facebook – stating […]
The Cyber Administration of China (CAC) uncovered on Sunday a draft rule requiring tech firms listing in Hong Kong Stock Exchange (HKSE) to succumb to a cyber security review for share sales jeopardizing national security. Beijing’s watchdog has played its card in its overdue battle with its tech sector, with a maneuver that will endanger […]
A stock exchange set up in the Chinese capital to serve entrepreneurs opened trading Monday with 81 companies amid a crackdown on tech giants that has wiped more than $1 trillion off their market value abroad. The Beijing Stock Exchange joins other mainland Chinese exchanges in Shanghai and the southern city of Shenzhen. They are […]
A SpaceX capsule carrying four astronauts pulled up Thursday at the International Space Station, their new home until spring. It took 21 hours for the flight from NASA’s Kennedy Space Center to the glittering outpost. The one German and three U.S. astronauts said it was an emotional moment when they first spotted the space station […]
Microblogging company, Twitter Inc., announced on Wednesday its proposals of developing a crypto team to implement the needed measures on the platform to help users earn and accept cryptocurrency payments. Branded as “Twitter Crypto,” the team will look into diversified ways to assist creators in accepting Bitcoin for payments, and different approaches to implementing blockchain […]
Thousands of Britain’s iconic red phone boxes will be protected from removal under new rules, the U.K.’s telecommunications regulator said Tuesday. The public payphone boxes may look like obsolete relics in an age of ubiquitous smartphones, but regulator Ofcom said they can still be a “lifeline” for people in need. The regulator is proposing rules […]
Popular investing app Robinhood said Monday that it suffered a security breach last week where hackers accessed some personal information for roughly 7 million users and demanded a ransom payment. The online trading platform said that it believes no Social Security numbers, bank account numbers or debit-card numbers were exposed and that customers have seen […]