Technology

Reuters

Dec 28, 2022, 3:22 PM

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.

1 Min

• 
  Reuters | Dec 28, 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.

  2 mins read
• 
  Seshan Vijayraghvan | Dec 27, 2022

  Yamaha Previews Self-Balancing Tech For Motorcycles

  Yamaha recently released a video showcasing its self-balancing tech called, Advanced Motorcycle Stability Assist System (AMSAS), which is fitted to an electric Yamaha R3. The two-wheeler marque says that the technology assists in stabilising the vehicle’s posture at speeds of 5 kmph or less.

  2 mins read
• 
  Reuters | Dec 26, 2022

  Uber, Motional Launch Robotaxi Service In Las Vegas

  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.

  1 min read
• 
  Reuters | Dec 26, 2022

  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.

  2 mins read
• 
  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.

  2 mins read
• 
  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.

  1 min read
• 
  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.

  4 mins read
• 
  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.

  1 min read