Tech

SpaceX- ‘picture perfect’ test paves way for human mission

Editorial Bureau January 20, 2020

CAPE CANAVERAL, Fla- Elon Musk’s SpaceX simulated a successful emergency landing on Sunday in a dramatic test of a crucial abort system on an unmanned astronaut capsule, a big step its mission to fly NASA astronauts for the first time as soon as this spring. A Crew Dragon astronaut

Tech

EU industry chief dismisses strict security rule fears delaying 5G

Editorial Bureau January 20, 2020

PARIS/MUNICH- European industrial policy chief Thierry Breton dismissed claims that relying on European companies to build a 5G network would delay its rollout, weighing in on an increasingly tense debate in Germany over the risk posed by China’s Huawei. In a speech at the DLD conference in Munich on Sunday, Breton, a former French finance […]

Tech

New mobile chief appointed by Samsung to defend against rival Huawei’s market share

Editorial Bureau January 20, 2020

SEOUL- Samsung Electronics Co Ltd on Monday named its youngest president as its new smartphone chief as the firm seeks to defend its lead in the handset market from rising challenges from rivals such as Huawei Technologies Co Ltd. The South Korean firm also promoted the head of its network equipment business, which analysts said […]

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SpaceX simulated rocket test delay due to bad weather

Editorial Bureau January 19, 2020

CAPE CANAVERAL- Bad weather forced Elon Musk’s SpaceX to delay until Sunday a test in which it will destroy one of its own rockets in a trial of a crucial emergency abort system on an unmanned astronaut capsule. The test, the company’s final milestone test before flying NASA astronauts from U.S. soil, had been planned […]

Tech

Nokia’s October warning investigated by local FSA

Editorial Bureau January 19, 2020

The Financial Supervisory Authority (FSA) in Finland has launched an investigation into Nokia’s October sharp profit warning sending its shares plummeting 20% lower. On October 24th, Nokia’s profit outlook slashed in 2019 and 2020 halting in dividend payouts, saying that the company will need more expenditure to keep away rivals in the 5G networks business.

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Germans protest against Tesla gigafactory in Berlin

Editorial Bureau January 19, 2020

BERLIN – Around 250 Germans on Saturday protested in the outskirts of Berlin where electric car startup Tesla is planning to build a gigafactory, saying its construction will endanger water supply and wildlife in the area. The U.S. carmaker announced plans last November to build its first European car factory in Gruenheide, in the eastern […]

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PayPal collaborates with U.S. group to combat human trafficking

Editorial Bureau January 18, 2020

NEW YORK – PayPal Holdings Inc will join forces with a leading U.S. anti-trafficking group in an effort to identify illegal money transactions, helping launch a specialized team to develop new ways of spotting criminal financial activity. Human traffickers often force people into modern slavery which generates around $150 billion a year in illegal profits, […]

Tech

French watchdog: lessons to be learned from Facebook’s WhatsApp deal

Editorial Bureau January 18, 2020

PARIS – Facebook’s $22 billion buyout of WhatsApp six years ago should have been blocked, the boss of France’s antitrust watchdog, which is set to help review EU rules, has told Reuters. “Clearly, deals such as the Facebook/WhatsApp merger should probably not have been allowed,” Isabelle de Silva said in an interview. “One of the […]

Tech

Fiat Chrysler, Foxconn plan Chinese electric car market push

Editorial Bureau January 18, 2020

MILAN- Automaker Fiat Chrysler plans to set up a joint venture with the parent of iPhone assembler Foxconn to build electric cars and develop internet-connected vehicles in China, as it looks to make up ground in electric mobility. Fiat Chrysler (FCA) – which is set to launch its first full-electric model, the 500 small car, […]

Tech

U.S. to look at 500,000 Tesla sudden acceleration complaints

Editorial Bureau January 18, 2020

WASHINGTON – The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate and recall 500,000 Tesla Inc vehicles over sudden unintended acceleration reports. The petition covers 2012 through 2019 model year Tesla Model S, 2016 through 2019 Tesla Model X, and 2018 through 2019 Tesla […]