Technology News
Volkswagen Will Showcase A New EV At CES 2023
So far, under the Volkswagen brand, there is no electric sedan.
iRasus Raises Undisclosed Amount In Seed Capital
Dec 29, 2022 03:20 PM
The company is offering data-analytics-driven software as a service to companies in the electric vehicle space.
Uber, Motional Launch Robotaxi Service In Las Vegas
Dec 28, 2022 03:24 PM
The launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.
U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected Vehicles
Dec 28, 2022 03:24 PM
The lawmakers were critical of the Federal Communications Commission (FCC), which in 2020 shifted much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices.
Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - Report
Dec 28, 2022 03:24 PM
A person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.
Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035
Dec 28, 2022 03:23 PM
In a letter published on Thursday the group said its signatories "urge the European Commission to set all new freight trucks on a path to zero emission from 2035," with a five-year exemption for vocational vehicles such as construction, mining and timber trucks that will require longer to develop and produce at scale.
How A Secret Software Change Allowed FTX To Use Client Money
Dec 28, 2022 03:23 PM
In mid-2020, FTX's chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to exempt Alameda Research, a hedge fund owned by FTX founder Sam Bankman-Fried, from a feature on the trading platform that would have automatically sold off Alameda's assets if it was losing too much borrowed money.
Tesla Falls On Growing Angst Over Musk's Focus On Twitter
Dec 28, 2022 03:23 PM
Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.
Israeli Startup Makes Inroads With Personal Flying Vehicle
Dec 28, 2022 03:23 PM
The test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky.