Technology News
Nigerian Entrepreneur Builds Electric Mini-Buses In Clean Energy Push
Nigerian entrepreneur Mustapha Gajibo is now building solar battery-powered buses from scratch in a push to promote clean energy and curb pollution.
Varroc Engineering To Sell Europe, Americas 4-Wheeler Lighting Business For $631 Million
May 28, 2022 09:45 PM
Varroc, which will retain its 4-wheeler lighting operations in Asia, said it will continue to operate its China joint venture and its other businesses in countries such as Italy, Vietnam, Poland and Romania.
Former CEO Of Transdev North America, Mark Joseph Joins Biliti Electric's Board
May 28, 2022 06:36 PM
Mark Joseph comes with over 30 years of leadership experience with both public and private transportation organizations across the U.S., Canada, UK, Ireland, and South America.
GTA Publisher Take-Two Signals Drop In Demand From Pandemic Highs
May 28, 2022 05:04 PM
Take-Two Interactive Software became the latest U.S. gaming company to forecast annual sales below estimates, as demand starts to plateau in a post-pandemic world.
Car Tech Firm ECARX To Go Public In $3.8 Billion Blank-Check Deal
May 28, 2022 04:29 PM
ECARX Holdings said it would go public through a merger with a blank-check firm in a deal that values it at $3.82 billion.
Tesla Rules Out Manufacturing Or Even India Entry Without Sops
May 28, 2022 04:29 PM
Responding to a Twitter user, Tesla CEO Elon Musk, said that Tesla will not put up a manufacturing unit in any location unless it is allowed to sell and service cars first. But the Indian govt. hasn't stopped the company from selling fully imported cars in India.
Norwegian Software Venture Targets Rising Cyber Attack Risks
May 28, 2022 04:03 AM
Norwegian firms Telenor, Aker ASA and Cognite say a new software security company they plan to launch this year will help companies protect their industrial assets from an increased cyber attack risk since Russia's invasion of Ukraine.
Chipmaker Infineon Raises 2022 Revenue Outlook After Results Beat
May 28, 2022 02:35 AM
The Munich-based company raised its 2022 revenue for the second time by 500 million euros ($525.20 million) to around 13.5 billion euros, including a range of plus or minus 500 million euros.
Tata Motors Files 125 Patents In Last Financial Year
May 28, 2022 12:46 AM
The carmaker announced that it had filed its highest number of patents ever in a financial year.