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Inside China’s Electric Drive for Swappable Car Batteries

A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with problems and not suitable for widescale use”. It seems Beijing disagrees. In fact, China is pushing hard for swappable batteries for electric vehicles (EVs) as a supplement to regular vehicle charging, with the government throwing its weight behind several […]

Avoiding Growing Cybercrime Risks for People and Companies

If you’re breathing right now, you are on the internet. You will likely still be on the internet if you are still breathing after the 3-minute read. If you wouldn’t go hiking without a map or sailing without a compass, then you shouldn’t surf the internet without at least a minimal understanding of the threats lurking […]

Mining Firm Backed by Bezos and Gates to Begin Greenland Drilling

Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, said on Thursday it would begin drilling in Greenland for critical materials used in electric vehicles. KoBold, which uses artificial intelligence and machine learning to hunt for raw materials, last year secured a 51 percent stake in the Disko-Nuussuaq project on […]

Toshiba Faces Unclear Future After Shareholders Knock Back Two Rival Proposals

Toshiba Corp shareholders on Thursday voted down competing proposals – one presented by management and the other backed by activist shareholders, leaving the future direction of the embattled Japanese conglomerate uncertain. Management’s plan to spin off Toshiba’s devices unit and the separate call to seek buyout offers had both failed to gain the required 50 […]

Ukraine Uses Facial Recognition to Identify Dead Russian Soldiers, Minister Says

Ukraine is using facial recognition software to identify the bodies of Russian soldiers killed in combat and to trace their families to inform them of their deaths, Ukraine’s vice prime minister told Reuters. Reuters exclusively reported that Ukraine’s Ministry of Defense this month began using technology from Clearview AI, a New York-based facial recognition provider […]

Eminent Women in the FinTech World

It is no surprise that the female presence in industries is barely presented. One cannot deny that many tech industries lack a fierce female dominion, and we see this clearly in the overall atmosphere with the biggest names in the tech sector, such as Apple, Samsung, Google’s Alphabet, Microsoft, and many more. But now, a […]

Asian Banks 'Falling Short' on Decarbonization Efforts - Study

Banks in Asia are “falling short” when it comes to meeting global pledges to tackle climate change and aligning with the decarbonization aims of their countries, according to a study published on Wednesday. Nearly 200 countries signed a pact in Glasgow last year calling on banks and financial institutions across the world to mobilize more […]

China Sets Green Hydrogen Target for 2025, Eyes Widespread Use

China’s top economic planner announced a target on Wednesday to produce up to 200,000 tonnes per year of green hydrogen, a zero-carbon fuel generated from renewable energy sources, by 2025, but envisions a more widespread industry over the long term. The country aims to produce 100,000 tonnes to 200,000 tonnes of green hydrogen a year […]

EU Rules Must Focus on AI Benefits Not Curbs, Lawmaker Says

Europe’s attempt to set landmark rules for artificial intelligence should take a positive approach to reap the benefits of the technology rather than restrict it, European Parliament lawmaker Svenja Hahn said on Tuesday. The European Commission last year proposed its AI rules in a bid to take the lead in a technology dominated by China […]