Technology

Reuters

Dec 26, 2022, 10:19 PM

U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected Vehicles

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.

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  Reuters | Dec 26, 2022

  Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - Report

  A person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.

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  Reuters | Dec 26, 2022

  Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035

  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.

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  Reuters | Dec 26, 2022

  How A Secret Software Change Allowed FTX To Use Client Money

  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.

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  Reuters | Dec 26, 2022

  Tesla Falls On Growing Angst Over Musk's Focus On Twitter

  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.

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  Reuters | Dec 26, 2022

  Israeli Startup Makes Inroads With Personal Flying Vehicle

  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.

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  Reuters | Dec 25, 2022

  Swedish Self-Driving Truck Start-Up Einride Raises More Cash

  Einride had agreed to raise capital of $500 million from debt, equity and the conversion of earlier loans, speeding up the company's ability to pursue new markets and customers.

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  Reuters | Dec 25, 2022

  Japan Lawmaker Says TSMC Is Considering Second Plant In Japan

  A senior Japanese lawmaker said that Taiwan Semiconductor Manufacturing Co is considering building a second plant in Japan.

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  Reuters | Dec 24, 2022

  Analysis: Retailers Turn To Robots In Cost Inflation Fight

  While retail has been slower to adopt automation than sectors such as autos and electronics, it has been picking-up the pace - from the introduction of basic self check-out tills in stores to the use of robots and AI in supply chains.

  5 mins read