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Tesla to invest over $500 million to expand its network of EV fast charging stations 05/13/2024

UK authorities cut stake in NatWest bank below 27 per cent 05/14/2024

Bloomberg reports of agreement to use ChatGPT features in the iPhone 05/13/2024

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Science & Technology

JPMorgan: Transition to e-money will be based on blockchain

The blockchain technology may become the basis for the transition to digital money, JPMorgan Bank believes. In the bank’s opinion, blockchain will allow transactions to be carried out almost in real time, but it is still at the initial stage in the financial market. Emergence of blockchain, on the...

Tesla In Advance Talks With CATL For Using Lithium Batteries

Tesla could introduce lithium batteries for its passenger EVs as part of Musk’s promise of reducing the use of cobalt batteries. Tesla is carrying out talks with CATL. The discussions have reached advance stage whereby the former is likely to use the latter’s batteries which doesn’t contain any...

Financial giants and US government turn to quantum computers

Last Monday, the US presidential administration introduced a draft budget that provides for a nearly two-fold – up to almost $ 1 billion - increase in the allocation for the study and application of quantum computer technologies. In January, it became known that financial corporations JP Morgan...

Long Way To Go For Coronavirus Vaccine, Say Drgumakers

There is a long way to go for finding a vaccine or effective treatment for the deadly new coronavirusm, cautioned drugmakers who are trying to find a cure for the virus. That caution was in contrast to reports of a supposed “breakthrough” for treating the coronavirus appearing on Wednesday...

Google's subsidiary launches recognition service for photoshopped images

Alphabet subsidiary has released a service that helps to identify photoshopped pictures. The project, as the developer hopes, will help reporters identify fake information. Jigsaw, a subsidiary of Alphabet, has introduced an interactive platform for identifying coordinated disinformation campaigns...

Unapproved Drug For Coronavirus Treatment And Testing Given By Gilead Sciences

Doctors dealing with treating patients of the new coronavirus have been provided with an experimental antiviral drug for emergency treatment by Gilead Sciences Inc., the organizations said on Friday. The Foster City, California based Gilead also wants to undertake a clinical trial of the...

Live Facial Recognition Cameras Will Be Used By London Police

The police in London will now use live facial recognition technology to enable law enforcers to more easily identify suspects and manage the city. This controversial plan was announced by London's Metropolitan Police. The police will use the technology in places and cases where there is...

Driverless Vehicle For Its Ride-Sharing Service Unveiled By GM’s Cruise

A prototype of a planned autonomous electric vehicle was unveiled by the self-driving car unit of General Motors – Cruise on Tuesday. The company said that this model, which does not have steering wheel or pedals, will be used in the proposed autonomous ride-sharing service. The company...

Amazon will allow customers to pay with palms instead of cards

Amazon, the world's largest online retailer, wants to take one-touch payments to the next level. The company will create terminals that allow paying with a palm instead of a credit card or smartphone. Amazon plans to create payment terminals where a palm touch is enough to pay, writes The Wall...

Complete Computer System For Self Driving Cars Launched By Qualcomm

A computing system has been developed by the chip manufacturer Qualcomm Inc that is designed to meet the needs of computing for autonomous vehicles, which the company said, would take care of everything necessary in self driving vehicles – from lane controls to full self-driving. The company said...